June 1, 2019
Inside Public Accounting
Alan Kolod was recently interviewed for an article in Inside Public Accounting on the 'Similar Challenges and Different Perspectives facing Law and Accounting Firms.' Below you can find an excerpt from the article.
Attorney Alan Kolod recently woke with a thought that made it hard to fall back asleep: "This hourly billing system is insane."
Kolod, partner and chair of New York-based Moses & Singer, says law firms are investing heavily in technologies that should increase efficiency but reduce billable hours. "You’re spending money in order to make less money. It just doesn’t work, and it’s going to get worse."
Click here for the full article.