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Kal Shiner, CPA

Kal Shiner, CPA

Author's details

Name: Kal Shiner, CPA
Date registered: February 8, 2011

Email: kshiner@orba.com

Biography

Kal has more than 40 years of experience providing accounting, tax and business consulting services to business owners in many industries, including professional services, real estate, distribution and manufacturing, to name a few. He is Chair of the firm’s Law Firm Group. Kal specializes in identifying strategies that benefit business owners, finding ways to preserve their funds and making sure they are in the most advantageous tax position possible.

As one of the original founding directors, Kal helped establish Ostrow Reisin Berk & Abrams, Ltd. in 1977.

Latest posts

  1. Law Firm Group Newsletter – Summer 2017 — August 24, 2017
  2. Looking Ahead: Is Your Succession Planning Up to Speed? — March 31, 2017
  3. Law Firm Group Newsletter – Winter 2017 — March 13, 2017
  4. Ensuring Your Firm Has Adequate Capital — December 14, 2016
  5. Law Firm Group Newsletter — Summer 2016 — September 1, 2016

Most commented posts

  1. How Lawyers Should Deduct Unreimbursed Business Expenses — 2 comments

Author's posts listings

2017
Aug 24

Law Firm Group Newsletter – Summer 2017

ORBA’s Law Firms and Lawyers Group Newsletter is a quarterly publication focused on effective law firm management. The Summer 2017 issue includes two articles, “What Is Your Firm Worth?” and “How Paralegals Affect Your Bottom Line.”

2017
Mar 31

Looking Ahead: Is Your Succession Planning Up to Speed?

Millennials’ emergence as a prominent demographic highlights the need for many workplaces to prepare for a generational shift. Law firms are no exception, particularly those founded by dynamic Baby Boomer rainmakers. If firms are going to survive and thrive, they must think about how to transfer management and primary client relationship responsibilities from senior partners to their younger colleagues. This article highlights the need for law firms to engage in comprehensive and formal succession planning. A Sidebar discusses replacement of a managing partner.

2017
Mar 13

Law Firm Group Newsletter – Winter 2017

ORBA’s Law Firms and Lawyers Group Newsletter is a quarterly publication focused on effective law firm management. The Winter 2017 issue includes two articles, “Ramp Up Your Referrals: How to Take an Active Role in Generating New Business” and “Fraud Prevention:
It’s Time to Review Your Firm’s Internal Controls.”

2016
Dec 14

Ensuring Your Firm Has Adequate Capital

The nature of law firm billing, collections and expenses can create gaps in cash flow that capital must fill, so it is not surprising that firms increasingly are requiring larger capital contributions from partners. This article discusses common financial pressures, ways to determine how much capital a firm needs and how much partners should be required to contribute. A Sidebar explains why a line of credit is not always the best source of capital.

2016
Sep 01

Law Firm Group Newsletter — Summer 2016

ORBA’s Law Firms and Lawyers Group Newsletter is a quarterly publication focused on effective law firm management. The Summer 2016 issue includes two articles, “Afraid of Being Audited?: An IRS Guide May Help Ease Your Mind” and “How to Improve a Law Firm’s Profitability in Today’s Competitive Environment.”

2016
Jul 20

Don’t Let a Disaster Put Your Firm Out of Business

For law firms, the key to surviving a natural or manmade disaster — and minimizing physical and financial damage — is to plan for it. This article provides tips on building a plan that minimizes threats, including assigning emergency responsibilities to specific individuals and regularly backing up electronic data offsite.

2016
Mar 31

Should Your Firm Consider a Two-Tier Partnership System?

Firms that hire and retain only partnership-track associates could be turning away profitable legal talent. This article argues that a two-tier partnership system can make a firm more attractive to both new law school graduates and experienced attorneys nearing retirement. A Sidebar explains how part-time partnerships work.

2016
Feb 17

Improving Your Managing Partner Compensation Model

Managing partners who reduce their rainmaking activities and billable hours to assume administrative duties can end up with smaller slices of the compensation pie. This article proposes a fair and straightforward managing partner compensation model that takes into account objective and subjective criteria.

2015
Dec 03

Law Firm Group Newsletter – Fall 2015

ORBA’s Law Firms and Lawyers Group Newsletter is a quarterly publication focused on effective law firm management. The Fall 2015 issue includes two articles, “Is Outsourcing Right for Your Firm?” and “Foundation For Your Firm’s Future: How to Set Goals and Achieve Strategic Objectives.”

2015
Oct 22

Iceberg Ahead! Don’t Let Undercapitalization Sink Your Firm

When a law firm experiences several negative financial events, it could become seriously undercapitalized. This article describes two types of capital — working and long-term — and how firms can estimate how much of each they need. It also suggests solutions for firms that are short of their ideal capital reserves.

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