3 Ways Leaders Can Improve Remote Work For Lawyers
March 25, 2020
Published by Law 360
Authored by David Pierce
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The new lease accounting standards (FASB ASC 842 and IFRS 16) introduce rules as to how companies identify and measure the value of leases, and how they report them on corporate balance sheets. Nearly all off-balance sheet accounting for lessees will be eliminated. Companies will need to account for the present value of all lease liabilities on the balance sheet as debt, while also being able to account for a right-of-use asset.
Following a stint at a law firm, Alex de Miranda came to the realisation that working for a traditional legal practice was not for him, and he started looking for alternatives. It was at that point that he found Axiom. De Miranda, who has now been with Axiom for close to 10 years, describes the moment he decided to join the NewLaw firm as “a happy accident.” “I was lucky that I came into Axiom right when they were starting in London, and I’ve been with them ever since,” he says.
Big money is betting heavily on business and tech-trained leadership to guide legal service providers into the digital age.