The Business Behind the Practice: Accounting, KPIs and Tax Strategies for Attorneys

Emil Abedian
Emil Abedian | Counsel CPAs, LLP

Emil Abedian is a Certified Public Accountant and the founding partner and CEO of Counsel CPAs, LLP, a CPA firm that serves law firms exclusively across the United States. He has practiced accounting for twenty years, beginning his career in Sweden before relocating to Los Angeles, and has spent that time learning how law firms actually make and lose money.

Live Video-Broadcast: August 27, 2026

2 hour CLE

Tuition: $195.00
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Program Summary

 

Your Firm Is a Business Whether or Not You Run It Like One

Attorneys receive world-class training in the law and almost none in running the business behind it. That gap is where firms lose money quietly: trust accounts, reports nobody reads, tax positions decided too late. This two-hour program is built for the owner's side of the desk, not the practice of law.

Mishandle client funds and the exposure is disciplinary, not merely financial. Skip IOLTA reconciliation and a shortfall surfaces on someone else's timeline. Track no KPIs and a bad quarter reads as a bad year, too late to correct. Treat tax as an April task and the planning window has already closed.

You leave with the work product of a firm run as a business. Reconciliation discipline that protects the license. A monthly reporting and KPI set worth reviewing. A proactive tax posture, a workable tech stack, and a financial team behind you. The mindset is the last piece: growth-minded owners measure differently. The value here is judgment — which numbers to act on, and when.

Key topics to be discussed:

  • Why Law Firm Accounting Is Different
    How trust accounting and IOLTA compliance change the way client funds are received, recorded, and reconciled — because the license, not just the ledger, is exposed.
  • Reports & KPIs
    Which monthly reports and KPIs a firm should track, and how to read them as decisions rather than file them as history.
  • Tax Strategy for Law Firms
    How to work tax strategy proactively across the year instead of discovering at filing time that the planning window has closed.
  • Systems & Tech Stack
    How the systems and technology behind the practice change daily workflow, and what a firm's stack should be doing for its owner.
  • Building Your Financial Team
    How the composition of a firm's financial team changes who owns the numbers and how quickly an owner can act on them.
  • Mindset
    How the mindset that separates growth-minded firms from stagnant ones changes what an owner measures, prioritizes, and delegates.

This course is co-sponsored with myLawCLE.

Date / Time: August 27, 2026

  • 1:00 pm – 3:10 pm Eastern
  • 12:00 pm – 2:10 pm Central
  • 11:00 am – 1:10 pm Mountain
  • 10:00 am – 12:10 pm Pacific

Closed-captioning available

Speakers

Emil Abedian, CPA, Founding Partner and CEO | Counsel CPAs, LLP

Emil Abedian is a Certified Public Accountant and the founding partner and CEO of Counsel CPAs, LLP, a CPA firm that serves law firms exclusively across the United States. He has practiced accounting for twenty years, beginning his career in Sweden before relocating to Los Angeles, and has spent that time learning how law firms actually make and lose money. He built his practice around a gap he kept seeing in the industry: clients were losing billable hours, and no one was handing them the metrics to notice.

  • Education & Credentials

Abedian earned a Master of Science in Business and Economics, with a concentration in economics, from Uppsala University in Sweden, completing the program in 2006. He is a Certified Public Accountant and leads Counsel CPAs, LLP from the firm’s Glendale office.

  • Recognition & Leadership

He serves as a board member and Chief Financial Officer of the Swedish American Chamber of Commerce of Greater Los Angeles and of the Mentor Foundation (USA). As chief executive of Counsel CPAs, LLP, he leads a team of CPAs, enrolled agents, and law firm accountants organized around the legal industry rather than around general business services.

  • Professional Involvement

His professional involvement centers on the law firm niche. Rather than treating legal clients as one vertical among many, he founded a firm dedicated to them, and works with owners on the questions that sit outside the practice of law: what the numbers say, which metrics to watch, and how to act on them. His board and CFO roles with the Swedish American Chamber of Commerce of Greater Los Angeles and the Mentor Foundation (USA) extend that work into the nonprofit and civic side of the same discipline.

  • Experience

Twenty years of accounting practice, first in Sweden and then in Los Angeles, sit behind his work with law firm clients. He advises owners, partners, and managing attorneys on the financial and operational side of their firms — recovering billable hours that were quietly leaking away, supplying reporting and metrics owners can act on, and guiding firms through growth decisions with advice rather than after-the-fact bookkeeping.

Agenda

SESSION 1 – The Business Behind the Practice: Accounting, KPIs and Tax Strategies for Attorneys | 1:00pm – 3:10pm

Most attorneys receive world-class training in the law — and almost none in running the business behind it. This two-hour webinar closes that gap. Designed specifically for law firm owners, partners, and managing attorneys, the program covers the financial disciplines that protect your license and grow your practice: trust accounting and IOLTA compliance done right, the monthly reports and KPIs every firm should track, proactive tax strategies most firms leave on the table and the systems, team, and mindset that separate growth-minded firms from stagnant ones. Attendees will leave with a practical plan for running their firm like the business it is — presented by Emil Abedian, founding partner and CEO of Counsel CPAs, LLP, a CPA firm serving law firms exclusively across the U.S.

BREAK | 2:00pm – 2:10pm

Credits

Alaska

Approved for CLE Credits
2 General

Our programs are CLE-eligible through Alaska’s recognition of multi-jurisdictional reciprocity.
Alabama

Approved for CLE Credits
2 General

Arkansas

Approved for CLE Credits
2 General

Arizona

Approved for CLE Credits
2 General

California

Approved for CLE Credits
2 General

Colorado

Pending CLE Approval
2 General

Connecticut

Approved for CLE Credits
2 Ethics / Professionalism

District of Columbia

No MCLE Required
No MCLE Required

Delaware

Pending CLE Approval
2 General

Florida

Pending CLE Approval
2 General

Georgia

Pending CLE Approval
2 General

Hawaii

Approved for CLE Credits
2 General

Iowa

Pending CLE Approval
2 General

Idaho

Pending CLE Approval
2 General

Illinois

Approved for CLE Credits
2 General

Indiana

Pending CLE Approval
2 NLS Credit

Kansas

Pending CLE Approval
2 Law Practice Management

Kentucky

Pending CLE Approval
2 General

Louisiana

Pending CLE Approval
2 Law Office Management

Massachusetts

No MCLE Required
2 CLE Hour(s)

Maryland

No MCLE Required
2 CLE Hour(s)

Maine

Pending CLE Approval
2 General

Michigan

No MCLE Required
2 CLE Hour(s)

Minnesota

Pending CLE Approval
2 General

Missouri

Approved for CLE Credits
2.4 General

Mississippi

Pending CLE Approval
2 General

Montana

Pending CLE Approval
2 General

North Carolina

Pending CLE Approval
2 General

North Dakota

Approved for CLE Credits
2 General

Our programs are CLE-eligible through North Dakota’s recognition of multi-jurisdictional reciprocity. Section 1, Policy 1.14
Nebraska

Pending CLE Approval
2 General

myLawCLE reports attendance to Nebraska on each attorney’s behalf for all programs. Please do not self-report.
New Hampshire

Approved for CLE Credits
120 Ethics / Professionalism minutes

As of July 1, 2014, the NHMCLE Board no longer provides pre- or post-approval of courses. Attendees must self-determine whether a program is eligible for credit, and self-report their attendance online at www.nhbar.org, based on qualification provisions of Rule 53.
New Jersey

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New Jersey’s recognition of multi-jurisdictional reciprocity, except for the courses required under BCLE Reg. 201:2
New Mexico

Approved for CLE Credits
2 General

Nevada

Pending CLE Approval
2 General

New York

Approved for CLE Credits
2 General

Our programs are CLE-eligible through New York’s Approved Jurisdiction Group “B”.
Ohio

Pending CLE Approval
2 General

Oklahoma

Pending CLE Approval
2.5 General

Oregon

Pending CLE Approval
2 General

Pennsylvania

Approved for CLE Credits
2 General

Rhode Island

Pending CLE Approval
2.5 General

South Carolina

Pending CLE Approval
2 General

South Dakota

No MCLE Required
2 CLE Hour(s)

Tennessee

Pending CLE Approval
2 General

Texas

Approved for CLE Credits
2 General

Utah

Pending CLE Approval
2 Professionalism & Civility

Virginia

Not Eligible
2 General Hours

Vermont

Approved for CLE Credits
2 Law Practice Programming

Washington

Approved via Attorney Submission
2 Other (Office Management) Hours

Receive CLE credit in Washington via attorney submission.
Wisconsin

Pending CLE Approval
2 Law Practice Management

West Virginia

Pending CLE Approval
2.4 General

Wyoming

Pending CLE Approval
2 General

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