Altman Weil Publications, Inc. 2008 SLFE Altman Weil's Survey of Law Firm Economics, 2008 Edition Electronic Submission Form Due date: April 18, 2008 Instructions for Electronic Submission of Data: Responses can be submitted electronically this year. All that is required is an Internet connection and Microsoft® Excel. Please read this page in full before proceeding. You will need to return to this page upon completion of the questionnaire to submit your final responses. The electronic submission process consists of two parts. The first part requires you to complete a Microsoft® Excel form-enabled workbook consisting of thirteen worksheets (see tabs). This is the file you are currently reading. We recommend you save this file locally NOW using FILE>SAVE AS, close, and reopen the file from the saved location--make note of where you save this file. It is important that you insert your responses on the form that you saved locally. You can open and close the file from your system as many times as you need, just ensure you save your work before closing. IMPORTANT NOTE: This form contains macros required to complete and submit your data. Some individuals may need to adjust their security settings to "medium" in order to proceed, see TOOLS>MACRO>SECURITY on the Excel toolbar. After changing the security setting to "medium", close and reopen the file, then select enable macros when prompted. FINAL SUBMISSION PROCESS: Upon completion of the Microsoft® Excel workbook, open your Internet connection to electronically submit your data. The submission process utilizes 128-bit encryption, the highest level of protection modern Internet browsers support. Once you open and confirm your Internet connection, please click the “Submit Completed Form” button below. You need only to submit the survey once. You will receive an email confirming receipt of your submission. If you do not receive an email confirmation please check your spam filters first, then contact Customer Care (888) 782-7297 or email firstname.lastname@example.org. 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls General Instructions 1 of 26 Altman Weil Publications, Inc. 2008 SLFE Note: Please use the space below to communicate any additional information you feel we might need to complete your submission. Type Comments Below: Comments: 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls General Instructions 2 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 1a: Participant Information All participants will receive an Executive Summary via email. Please ensure the correct contacts are provided below. Firm Name: MailCode*: *Enter the MailCode provided on above your name on the back of the hardcopy questionnaire or on the reminder note mailed to you. Contact to Receive Executive Summary Name: Title: Address: City: State Abbreviation: Zip Code: Phone / Extension: Fax: Email Address*: *Please note that the Executive Summary will be delivered to the email address provided above. Do you agree to give Altman Weil Publications, Inc. permission to email various communications that may include other survey and marketing initiatives? Yes No If the person completing this questionnaire is different than above, please complete the following: Name: Title: Phone / Extension: Fax: Email Address: Address (if different than above): City: State Abbreviation: Zip Code: Do you agree to give Altman Weil Publications, Inc. permission to email various communications that may include other survey and marketing initiatives? Yes No Proceed to Tab 1b: Order Form 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 1a Participant Information 3 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 1b: Order Form * Custom Reports include individual firm data along with survey benchmarks. Custom reports are free to all participants who purchase the survey. Non-participants may also purchase a Custom Report. Participant Price Non-Participant Price Standard Custom Standard Custom Your Available Products: Report Report* Report Report* Order $ Survey of Law Firm Economics Includes all participating law firms except solo practitioners (Enter $ amount) CD-ROM Adobe® PDF Version N/A $750.00 $895.00 $1,495.00 Hardcopy Binder Version N/A $875.00 $1,025.00 $1,695.00 Both CD-ROM and Binder N/A $950.00 $1,125.00 $1,895.00 Small Law Firm Economic Survey Includes all participating law firms with 20 lawyers or less CD-ROM Adobe® PDF Version N/A $425.00 $495.00 $850.00 Hardcopy Binder Version N/A $450.00 $550.00 $895.00 Both CD-ROM and Binder N/A $500.00 $595.00 $995.00 Please enter Coupon code for additional savings Subtract Shipping and handling Add $17.50 Subtotal $17.50 Sales Tax: Businesses in the state of PA add 6%; in Philadelphia and Allegheny Counties add 7% Add Total $17.50 Payment Info: Please bill me I am mailing a check made payable to Altman Weil Publications, Inc. Note: Please print this page as well as tab "1 Participant Information" to mail with your payment. Charge my Visa, MasterCard or American Express Note: A Customer Care representative wil be in touch to process your credit card information. Contact Information: Altman Weil Publications, Inc. Two Campus Boulevard, Suite 200 Newtown Square, PA 19073 Fax: 610-359-0467 Phone: toll-free 888-782-7297 Email: email@example.com Proceed to Tab 2: Firm Profile 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 1b Order Form 4 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 2: Firm Profile Instructions: If your firm has two or more offices, please submit only one questionnaire per firm. DO NOT report foreign branch office data within the questionnaire. 1. Identify the type of firm information to follow in this questionnaire. Headquarters only (Select one response.) Headquarters with branch offices Single office Multiple offices in one metro area Sole practitioner # of branch offices (if applicable) 2. Describe your firm's type of organization. (Select one response.) Sole Proprietorship Partnership (may include individual PCs) Professional Corporation/Association Professional Corporation with "S" election Limited Liability Company (LLC) Professional Limited Liability Company (PLLC) Limited Liability Partnership Professional Limited Liability Partnership (PLLP) Other (please explain below) Other: 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 2 Firm Profile 5 of 26 Altman Weil Publications, Inc. 2008 SLFE 3. If more than 50% of revenues are derived from any ONE specialty area, Banking identify your firm's specialty. (Leave blank if not applicable; select one Bankruptcy response if applicable.) Civil Trial Practice Collections Commercial litigation Corporate/Commercial (non-litigation) Criminal Environmental Family Government Healthcare Immigration Insurance defense litigation International Intellectual Property/Patent Labor/Employment Legislative Maritime/Admiralty Mergers and Acquisitions Municipal/Public finance Plaintiffs' Contingency Litigation Real Estate and Land Use Securities Taxation Trusts/Estates Utilities/Energy Other (please describe below) 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 2 Firm Profile 6 of 26 Altman Weil Publications, Inc. 2008 SLFE Other: Proceed to Tab 3a: Income Statement 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 2 Firm Profile 7 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 3: Financial Profile/Cash Basis Income Statement Instructions: Report financial information for last complete fiscal year on a firm-wide basis. In order to complete this worksheet, you will need a year-end financial statement or the firm’s tax return. If you use the Altman Weil Chart of Accounts (see tab), you can follow the account numbers provided in parentheses in the instructions for each line item. Use the cash basis of accounting. Compensation is defined to include all of the following items: salary, bonus and benefits. Benefits include employer payroll taxes, group insurance premium, medical reimbursements, retirement plan contributions, workers' compensation, and other mandatory insurance paid by the firm. If you have difficulty breaking out the total benefits for each category of employee, please see worksheet "Supplemental Benefit Calculator." Detailed instructions are available for some cells; please review the comments indicated by the red triangle in the upper-right corner. Gross Receipts Expenses Lawyer Compensation: two categories Shareholders All other salaried lawyers Paralegal compensation Secretarial, clerical and all administrative compensation Occupancy Equipment lease, maintenance and depreciation Reference material Malpractice Promotion and marketing Payments to former partners/shareholders and inactive Of Counsel All other expenses Gross Profit $0.00 Proceed to Tab 3b: Balance Sheet 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 3a Income Statement 8 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 3: Financial Profile/Year-end Cash Basis Balance Sheet Instructions: Exclude escrow and trust a/c assets and liabilities. Partnerships should record undistributed year-end profits as a liability. Reclassify loan to/from owners as capital. Complete ONLY if reported on a cash basis. Assets Current Assets Client costs advanced Fixed Assets Other Assets Total Assets $0.00 Liabilities Debt and capitalized leases Obligations to deceased and retired partners Other Liabilities Undistributed current year profits for partnerships Total Liabilities $0.00 Permanent Capital or Shareholder Equity $0.00 Proceed to Tab 3c: Other Assets & Realization 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 3b Balance Sheet 9 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 3: Financial Profile/Other Assets at Year-end & Realization Work-in-Progress (unbilled time) Contingent fee matters Non-contingent fee matters Total WIP $0.00 Collectible Accounts Receivable, fees only Dollar value of fees receivable written off Realization Report the total dollar value of time taken out or relieved from work- in-progress (unbilled time) for matters during the 12-month period. The number reported below is prior to making adjustments for write-downs, write-offs and other adjustments. Computed using STANDARD RATES Computed using ACTUAL RATES Report your fee billings for the 12-month period. Proceed to Tab 4: Staffing Profile 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 3c Other Assets & Realization 10 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 4: Staffing Profile Instructions: Please include individuals employed directly by the firm and through temporary agencies or on a contract basis. Do not include staff on- site in outsourcing arrangements that cover entire functional areas, such as, mailroom, messenger service, etc. FTE Definition: A full-time equivalent (FTE) is defined as a function of the amount of time with the firm and the employment status of an individual during a complete fiscal year. For example, a part-time employee working three days per week for the full-year represents “.6”. New full-time hires employed mid-year count as “.5”. A part-time new hire working three days a week hired mid-year counts as “.3”. Adjust for others who left or were added in a similar manner. Number of FTEs for last complete fiscal Position year (entire firm) Equity Partners/Shareholders/Proprietors Non-equity Partners/Salaried Partners/Non-participating partners Associates/Patent Agents Staff Lawyers Contract/Temp Lawyers Counsel working actively Paralegals Administrative Assistants/Legal Secretaries Technology Employees Finance/Accounting Employees Administrative and Clerical Employees All Other Staff Total Firm FTE Contingent 0.000 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 4 Staffing Profile 11 of 26 Altman Weil Publications, Inc. 2008 SLFE Instructions: Enter the following data as it applies to the 2008 law school graduates whom the firm expects to employ in 2008. Number of offers Average starting salary Average signing bonus Proceed to Tab 5a: Instructions Lawyer Info 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 4 Staffing Profile 12 of 26 Altman Weil Publications, Inc. 2008 SLFE Instructions for Section 5: Individual Lawyer Information for 2007 (fee earners only) Instructions: Please read the following instructions prior to completing the worksheet "5b Individual Lawyer Info". Include all lawyers employed during 2007. Provide exact numbers. Do not estimate. Column A Line number Individual lawyer line number. Column B Year Admitted to Bar Enter the year first admitted to the Bar in any state as a four-digit number. Column C Status Code Use code to indicate status at year-end as follows (*note change – paralegal data is collected using the Annual Compensation Survey for Paralegals/Legal Assistants and Managers, visit www.altmanweilpubs.com for more information). 10 Equity Partner/Shareholder/Proprietor 11 Non-equity Partner/Salaried Partner/Non-participating Partner--Any individual who is held out to the public as a partner or principal, but is clearly in a separate class that is characterized as having lower capital contribution requirements, lesser voting rights and lesser economic risk or reward potential. May be classified as either a W-2 employee or K-1 partner for tax purposes. 20 Associate Lawyer--A lawyer employed by the firm who is understood to be in a program leading to consideration for partnership or shareholder status, or who has been so considered. 21 Staff Lawyer--A lawyer employed by a law firm who is hired with the understanding that the position will not lead to consideration for ownership status. 30 Of Counsel--An individual working actively; normally over 800 billable hours. 50 Sole Practitioners Column D Activity Code Use code to designate level of employment activity during 2007. PT Part-time M Significant management responsibilities; requires an annual commitment of 500 hours or more. L Leave of absence with pay Blank Full-time Column E Salary (or draw if partner) For partnerships and proprietorships: Report partner’s or proprietor's draw including guaranteed payments. (If your records do not provide you with data to separate partner compensation into three components [draw, cash distribution and benefits/distribution in kind], then record the partner’s K-1 income in column D and indicate N/A in columns E and F.) For professional corporation/associations: Report salary paid before voluntary before-tax employee reductions for: 401(k) plans, flexible spending accounts; other qualified flexible benefit programs. 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 5a Instructions Lawyer Info 13 of 26 Altman Weil Publications, Inc. 2008 SLFE Column F Bonus (or distribution in cash if partner) Report cash bonuses paid during 2007. For partnerships: Report the remainder after subtracting the draw reported in Column E and benefits paid in Column G from the partner’s K-1 income. For professional corporations/associations : The total of salary plus cash bonuses should equal gross W-2 wages paid before voluntary before-tax employee reductions for: 401(k) plans, flexible spending accounts; and other qualified flexible benefit programs. For “S” corporations: In addition to bonuses reported through wages, report the shareholder’s share of any income or loss as reflected on the shareholder’s K-1 from the “S” corporation. Column G Benefits (or distribution in kind if partner) See worksheet "Supplemental Benefit Calculator" for detailed instructions on benefit calculations if unable to provide on an individual basis. Column H Chargeable Hours Report hours recorded during the reporting year that were chargeable to clients (i.e., billable work). Show hours only for those persons who regularly report billable hours. Omit if you do not have complete records. Column I Standard Hourly Rate Show each individual’s most commonly assigned (standard) hourly rate on 1/1/2008. Column J Practice Area Specialty Code Choose one practice area code for each lawyer. An individual must spend 50% or more of their billable time in this area. List only one code for each individual; for others, use the designation that includes multiple specialties or multidisciplinary. Non-litigation Practice Area Specialty Code 100 Administrative/Legislative/Regulatory 101 Banking 102 Bankruptcy 103 Collections 104 Commercial/Contracts 105 Education 106 Employee Benefits (ERISA) 107 Employment (FLSA, ADA, ADEA) 108 Environmental 109 Family Law/Domestic Relations 110 General Business 111 Health Care 112 Insurance 113 Intellectual Property 114 International 115 Labor/Collective Bargaining (Management) 116 Labor/Collective Bargaining (Union) 117 Maritime 118 Mergers/Acquisitions 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 5a Instructions Lawyer Info 14 of 26 Altman Weil Publications, Inc. 2008 SLFE 119 Municipal Finance 120 Natural Resources (oil, gas, coal, timber) 121 Real Estate 122 Securities 123 Taxation 124 Trusts/Estates/Probate 125 Utilities 126 Other Non-litigation Specialty 127 Multiple Non-litigation Specialties Litigation Practice Area Specialty Code 200 Antitrust 201 Bankruptcy 202 Collections 203 Commercial/Contracts 204 Criminal 205 Education 206 Insured Defense 207 Self-insured Defense 208 Employee Benefits (ERISA) 209 Employment (FLSA, ADA, ADEA) 210 Environmental 211 Family Law/Domestic Relations 212 Health Care 213 Intellectual Property 214 International 215 Labor/Collective Bargaining (Management) 216 Labor/Collective Bargaining (Union) 217 Maritime 218 Natural Resources (oil, gas, coal, timber) 219 Personal Injury 220 Products Liability 221 Real Estate 222 Securities 223 Taxation 224 Trusts/Estates/Probate 225 Workers' Compensation 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 5a Instructions Lawyer Info 15 of 26 Altman Weil Publications, Inc. 2008 SLFE 226 Other Litigation Specialty 227 Multiple Litigation Specialties Multidisciplinary Practice Area Specialty Code 300 Multidisciplinary--no one area counts for more than 50% time. Column K Employment Period (Partial Year) Please use a "1" to indicate individual was employed for only part of the year (new hire, resignation or termination). Column L Zip Code Zip Code of work location for lawyer; report only if different from that of headquarters location. Proceed to Tab 5b: Individual Lawyer Info 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 5a Instructions Lawyer Info 16 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 5: Individual Lawyer Information for 2007--(fee earners only) Please enter the name of your firm below to ensure proper coding. Name of Firm: When complete proceed to Tab 6: Staff Earnings Info (A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) Employed Standard less than Year 2007 Bonus 2007 Benefits 2007 Hourly Rate full-year? Zip if Admitted Status Activity 2007 Salary (or distribution in (or distribution in Chargeable as of Specialty (use "1" different than Line # to Bar Code Code (or draw if partner) cash if partner) kind if partner) Hours 1/1/2008 Code for "yes") headquarters 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 5b Individual Lawyer Info 17 of 26 Altman Weil Publications, Inc. 2008 SLFE Section 6: Earnings Information for Staff in 2007 Instructions: Please use the following instructions to complete the grid below. Report the total dollar earnings as reported on the W-2 form before voluntary before-tax employee reductions. Provide aggregated information for each position defined below pertinent to your firm. It may be the case that you have individuals that do not match any one of these categories or perhaps fill the role of multiple positions, if so, please do not report. Total Number of Status FTE Total Wages for Position Title Code Incumbents Position Category Legal Administrator 60 Administrative/Office Manager 61 Branch Office Manager 62 Comptroller/Finance Director 70 Accounting Manager 71 Risk Manager 72 Accounting Supervisor 73 Accounting Clerk/Bookkeeper 74 Information Services Director 80 Network Administrator 81 Technology, Help Desk and Training Positions 82 Human Resources Manager 90 Benefits, Recruiting and Other HR Clerical Positions 91 Chief Marketing Officer/Marketing Director 100 Marketing Manager 101 Marketing Coordinator 102 Marketing Assistant 103 Library Manager 110 Manager of One-Person Library 111 Library Clerk 112 Administrative Assistant/Legal Secretary 120 Office Services Manager 130 Word Processing Operator 131 Records/File Room Clerk 132 Document Processing/Duplication Positions 133 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 6 Staff Earnings Info 18 of 26 Altman Weil Publications, Inc. 2008 SLFE Mailroom Positions 134 Messenger 135 Receptionist/Telephone Operator 136 The questionnaire is complete. Thank you for your time! Be sure to return to Tab "General Instructions" to submit your responses. 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls 6 Staff Earnings Info 19 of 26 Altman Weil Publications, Inc. 2008 SLFE Supplemental Worksheet Instructions for Benefit Calculations Instructions: If you are unable to determine benefit amounts by individual, you may use any of the following methodologies to calculate benefit amounts required for completion of worksheets "3a Income Statement" and "5b Individual Lawyer Info". Please note that any work performed on this page is for your use only and is not electronically submitted into the database. For partnerships and proprietorships: Report distribution in kind (firm payments for benefits on behalf of the partner). For professional corporation/associations: Report nontaxable benefit costs, which include: qualified profit sharing plans, life, health and disability insurance, medical reimbursement plans, employer payroll taxes (including FICA) and pension contributions. Exclude auto, parking, memberships, and CLE expenses. There are three basic methods for supplying employee benefits information for the survey. Method 1: Calculate for each individual a dollar figure based on the sum of the following benefits: a. Employer portion of FICA; b. Employer payments for: health insurance, life insurance, disability insurance, medical reimbursement, retirement/profit sharing; and, c. Employer contributions for unemployment compensation and workers’ compensation. Method 2: a. Divide benefits into per capita and compensation-based costs as follows: Compensation-based [A] Per Capita-based [B] FICA, WC, UC Health Insurance Life Insurance Medical Reimbursement Disability Insurance Retirement b. Determine the % of compensation dollars for [A] benefits and per-capita cost of [B] benefits. c. Multiply the sum of columns E plus F on worksheet "5b Individual Lawyer Info" by the % for [A] benefits and add the cost of [B] benefits. d. This may be calculated in aggregate for all individuals or by using the classes shown in Method 3 below. Method 3: Calculate averages for each class of employee. Then list the average for each individual in that class on the questionnaire. Compute the total costs of the detailed expenses to include: 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls Supplemental Benefit Calculator 20 of 26 Altman Weil Publications, Inc. 2008 SLFE Shareholders Associates Paralegals Other fee earners Total FICA Health Insurance Life Insurance Disability Insurance Medical Reimbursement Retirement Unemployment Comp Workers’ Comp. Total $0.00 $0.00 $0.00 $0.00 $0.00 No. of FTE’s Average/FTE #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls Supplemental Benefit Calculator 21 of 26 Altman Weil Publications, Inc. 2008 SLFE Recommended Chart of Accounts for Clients and Survey Participants of Altman Weil, Inc. - January 2007 For Reference Only The types of assets, categories of liabilities, sources of income and the nature of expenditures of law firms are basically similar, regardless of size or specialty. To facilitate the comparison of various firms, Altman Weil, Inc. has developed a standard format for law firm accounts. This standard chart of accounts draws from A Model Chart of Accounts published in 1990 by the Section of Law Practice Management of the American Bar Association, which contains detailed explanations of many of the accounts and terms used herein. To the extent practical, the account numbers from that publication are used herein, but numbers are not identical in all cases. The basic outline of this chart, that is, the categories of assets, liabilities, income and expenditures, will fit firms of every size, proprietorships, partnerships and corporations. The simplest structure is that represented by the accounts printed in CAPS, which could easily meet the needs of a solo or very small law office. As firms grow, greater breakdown and specificity may be appropriate. The accounts shown herein will suffice for many law firms. Additional detail can be obtained by using the subaccount codes as shown below. If analysis by department is desired then the account structure must expand to report by office. Multi-office firms will most likely want to add reporting capability by office, which must then be incorporated into the account structure. Those firms with a need for a full account code structure should obtain a copy of the ABA publication previously mentioned. Items marked * apply only to professional corporations/associations, and should be disregarded by lawyers practicing in other forms. ASSETS 100 Cash 160 Fixed Assets 101.00 Operating account 161.00 Furnishings and fixtures 102.00 Payroll account 162.00 Leasehold improvements 103.00 Savings account 163.00 Library 104.00 Petty cash 164.00 Equipment 110 Client Trust Accounts 164.10 Reproduction 111.00 Funds held in trust 164.20 Communication 112.00 Liability for funds held in trust 164.30 Computer 120 Short-term Investments 164.31 Software 121.00 Treasury securities 164.90 Other 122.00 Other marketable securities 165.00 Building 130 Client Costs Advanced 167.00 Other depreciable fixed assets 131.00 Disbursements for clients - unbilled 168.00 Land 132.00 Disbursements for clients - billed 169.00 Non-depreciable fixed assets 140 Advances, Receivables, Deposits 170 Reserve for Depreciation and Amortization (subaccounts 141.00 Expense advances should repeat fixed assets above) 142.00 Deposits (refundable) 190 Other Long-term Assets 143.00 Employee notes and loans receivables 191.00 Cash surrender value of life insurance owned by firm 144.00 Partners (officer) notes and loans receivables 192.00 Miscellaneous securities 149.00 Miscellaneous 193.00 Joint ventures 150 Other Current Assets 194.00 Real estate investments 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls Chart of Accounts 22 of 26 Altman Weil Publications, Inc. 2008 SLFE 151.00 Prepaid insurance 199.00 Other 159.00 Other current assets LIABILITIES AND CAPITAL (*EQUITY) 200 Employee Tax Liability 220 Accrued Pension Contributions 201.00 Federal income tax withheld 202.00 State income tax withheld 230 Accrued Income Taxes 203.00 Employee payroll taxes withheld 203.10 Social Security tax withheld 240 Accrued Client Costs 203.20 Medicare tax withheld 204.00 Employer payroll taxes accrued 250 Loans Payable 204.10 Social Security tax accrued 204.20 Medicare tax accrued 260 Capital Lease Obligations 205.00 Federal unemployment tax accrued 206.00 State unemployment tax accrued 270 Client Deposits & Other Credit Balances 207.00 Local income taxes withheld 209.00 Other employee taxes withheld 290 Obligations to Deceased, Retired and Withdrawn Partners 210 Employee Withholdings 211.00 Hospitalization withholdings 300 Partners' Capital Accounts (*Capital Stock) 212.00 Life insurance withholdings 213.00 FSA healthcare withholdings 310 *Paid-in Capital 214.00 FSA dependent-care withholdings 215.00 Employee pension plan contributions withheld 320 *Treasury Stock 219.00 Other 330 Partners' Current Accounts (*Retained Earnings) REVENUE 400 Fees From Legal Services 424.20 Word processing Sub accounts should be used for each practice area 424.30 Messenger 410 Other Fee Revenue 424.90 Other 411.00 Board of Directors fees 430 Other Earned Revenue 412.00 Executor (rix) fees 431.00 Teaching income 413.00 Administrator fees 432.00 Publishing royalties 414.00 Conservators fees 433.00 Speaking honoraria 415.00 Guardian fees 434.00 Subscription income 420 Revenue From Other Services 440 Other Income 421.00 Word processing/secretarial document creation charges 441.00 Interest income 422.00 Librarian and other internal research charges 442.00 Dividend income 423.00 Internal messenger charges 443.00 Gain on sale of investments 424.00 Overtime recovery 444.00 Gain on sale of fixed assets 424.10 Secretarial 445.00 Rental income 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls Chart of Accounts 23 of 26 Altman Weil Publications, Inc. 2008 SLFE EMPLOYEE COSTS 500 *Officer Compensation 750 Administrative Expenses 501.00 Officers 751.00 Travel and accommodations 501.10 Salaries 752.00 Travel related meals 501.20 Bonuses 753.00 Education 510 Other Employed Lawyer Compensation 754.00 Employer lunchroom/coffee/soda/snacks 511.00 Associate compensation 755.00 Office entertainment 511.10 Salaries 756.00 Employer gifts/flowers 511.20 Bonuses 760 Non-lawyer Hiring Expenses 512.00 Of Counsel compensation 761.00 Agency fees 513.00 Contract associate compensation 762.00 Employment advertising 514.00 Temporary lawyer compensation 763.00 Employee relocation 520 Non-lawyer Legal Staff 764.00 Travel, lodging and subsistence 521.00 Summer associate compensation 764.10 Employees on recruiting trips 521.10 Salaries 764.20 Recruits for interviews 521.20 Bonuses 770 Communication Expenses 521.30 Overtime 771.00 Telephone 522.00 Legal assistant compensation 771.10 Local service 523.00 Law clerk compensation 771.20 Long distance 529.00 Other non-lawyer legal staff compensation 772.00 Client reimbursement for telephone 530 Secretary and Word Processing Compensation 773.00 Telex, facsimile and email costs 531.00 Secretary compensation 774.00 Client reimbursement for telex, facsimile & email costs 532.00 Word processing compensation 775.00 Postage 540 Other Administrative Staff Compensation 776.00 Client reimbursement for postage 541.00 Exempt personnel compensation 777.00 Courier and delivery services 542.00 Non-exempt personnel compensation 778.00 Client reimbursement for courier/delivery 560 Mandatory Employee Benefits 780 Miscellaneous Office Expenses 561.00 Social Security taxes 781.00 Plants and Flowers 561.10 Officers 789.00 Other 561.20 Associates 800 Professional Expenses 561.30 Of Counsel 801.00 Associate expenses 561.40 Other legal staff 801.10 Bar association dues 561.50 Secretary/Word processing 801.11 Professional association dues 561.60 Other administrative staff 801.20 Association travel/accommodations 562.00 Medicare Taxes 801.30 Association meals 563.00 FUTA/SUT 801.90 Other association expenses 564.00 WC insurance 802.00 Firm meetings/retreats 570 Discretionary Employee Benefits 802.10 Travel and accommodations 571.00 Group health/dental/vision 802.20 Meals 572.00 Group life 802.30 Meeting room/equipment rental 573.00 Group disability 802.40 Entertainment 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls Chart of Accounts 24 of 26 Altman Weil Publications, Inc. 2008 SLFE 574.00 Medical reimbursement 802.90 Other 575.00 Pension 803.00 CLE 576.00 Supplemental health/dental/vision 803.10 Program fees 577.00 Supplemental life 803.20 Travel and accommodations 578.00 Supplemental disability 803.30 Meals 579.00 Other 803.90 Other 580 Temporary Services 810 Business Development 581.00 Temporary secretarial/word processing 811.00 Club dues and expenses 582.00 Temporary administrative staff 812.00 Attendance/speaking at industry/civic meetings 590 Other Employee Expenses 813.00 Advertising/listings in publications & directories 591.00 Parking 814.00 Public relations 591.10 Regular 815.00 Practice development meals 591.20 Overtime 816.00 Firm publications 592.00 Supper money 819.00 Other 593.00 Cab fare 820 Professional Recruiting 599.00 Other 820.00 Professional staff recruiting travel, accommodations 600 Occupancy Expenses 822.00 Professional staff recruiting meals 601.00 Rent 823.00 Summer associate meals 602.00 Utilities (electricity, water, heat, sewer) 824.00 Other summer associate program costs 603.00 Amortization/depreciation 825.00 Other professional staff recruiting expenses 603.10 Amortization of leasehold improvements 825.10 Recruiting publications 603.20 Depreciation of building 825.20 Recruiting agency fees and advertising 604.00 Maintenance and repairs to premises 825.30 Relocation of new lawyers 605.00 Janitorial and housekeeping expenses 825.90 Other 606.00 Real estate taxes 826.00 Relocation costs for inter-office transfers 607.00 Lease pass-throughs 830 Library/Reference Services 608.00 Insurance (building, contents, general liability, etc.) 831.00 Book purchase 609.00 Other (storage, moving, etc.) 832.00 Depreciation of capitalized books 610 Other Occupancy Expenses 833.00 Periodical subscriptions 611.00 Off-site storage 834.00 Library supplies 612.00 Office relocation 838.00 Outside data base research 619.00 Other 839.00 Client reimbursement 700 Stationery, Printing and Supplies 840 Insurance 701.00 Stationery 841.00 Professional liability 702.00 Printing 841.10 Premiums 703.00 Paper and supplies 841.20 Deductibles 704.00 Computer supplies 841.30 Settlements 710 Furniture/Equipment Rental 849.00 Other 711.00 Office furniture and fixtures 850 Taxes 712.00 Reproduction equipment 851.00 Personal property taxes 713.00 Computer equipment 852.00 State business taxes 713.10 Software 853.00 Local business taxes 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls Chart of Accounts 25 of 26 Altman Weil Publications, Inc. 2008 SLFE 714.00 Communication equipment 854.00 Unincorporated business taxes 719.00 Other 860 Professional Services 720 Depreciation of Furniture & Equipment 861.00 Accounting/auditing/tax 721.00 Furniture 862.00 Management consulting 722.00 Reproduction equipment 863.00 Marketing consulting 723.00 Computer equipment 864.00 Legal (for the firm) 723.10 Software 865.00 Pension (for the firm) 724.00 Communication equipment 866.00 Outside payroll services 729.00 Other 867.00 Outside computer services 730 Interest Expense 870 Client Expenses 731.00 Furniture 871.00 Recoverable costs written off 732.00 Reproduction equipment 871.10 Unbilled 733.00 Computer equipment 871.20 Billed 733.10 Software 871.30 Recovery of costs written off 734.00 Communication equipment 878.00 Business meals and entertainment 739.00 Other 878.10 Meals 740 Maintenance and Repair of Furniture & Equipment 878.20 Entertainment 741.00 Furniture 879.00 Business meals/entertainment charged to client 742.00 Reproduction equipment 880 Other Expenses 743.00 Computer equipment 881.00 Loss on sale of investments 743.10 Software 882.00 Loss on disposal of assets 744.00 Communication equipment 883.00 Investment property real estate tax 749.00 Other 884.00 Charitable contributions 890 Income Taxes 891.00 Federal 892.00 State 893.00 Local 3e2816a3-7e87-4d1a-8739-f072e0e58bbc.xls Chart of Accounts 26 of 26
"Profit Statement Law Firm - Excel"