With the help of your company's finance and HR departments, you can create a plan for how to mitigate the risks associated with payroll fraud.

Given the nature of the legal sector, and the influx of millennial employees into the workplace, law firms must evolve their business models and how they treat law firm employees in order to remain competitive. Here's how law firms can nurture individual talent, improve employee expertise and prevent defections to more engaged and attentive competitors.

How do CFOs of professional services firms ensure millennials possess the financial wherewithal to buy into the partnership when it's time for the next generation to assume the reins?

In increasingly competitive industries and operating environments, more companies are being highly intentional with their company culture as a means to drive desired results. For firms that believe in engaging employees, providing more directed training, or offering a more flexible work environment, technology, in its various forms, is a critical tool.

While your business may be growing, you may have not yet reached a point where you have a dedicated human resources department. But, you need to take on additional employees. What hiring tips can you follow to help your company grow?

Law firms face equity partnership drain when partners depart or retire. How can firms prepare for this inevitable situation?

While partnering with your competitors may seem counterintuitive, "coopetition" may have its benefits. From creating new products and services to offloading excess space, working together can lead to fruitful partnerships between rivals.

An increasing number of firms are turning to a trusted local financial institution to establish a term loan arrangement to help new partners fund their investment in the firm.