An in-depth understanding of corporate finance is important in convincing increasingly savvy clients that their lawyers understand their business concerns and goals. Since 1987, our live courses have been giving lawyers that edge, which is why many of the leading law firms in the country use The Dickie Group instructors on a repeat basis to train their lawyers, as do several major European firms and Fortune 100 company legal staffs.

Financial Statement Basics

  • Intended for the junior or senior lawyer who has little or no experience with financial documents. It provides a practical working knowledge of the fundamentals of the income statement, balance sheet, cash flow statement, how they work and what to look for.

Financial Statement Basics for Litigators

  • Provides an analytic perspective with respect to financial documents for junior and senior associates, and the savvy to formulate penetrating and insightful questions for discovery and trial.

Lawyers’ Corporate Finance

  • Learn how to dig into and behind the numbers to get a realistic picture of a company’s performance and future prospects. The course explains techniques of analysis and the significance of key financial variables.

Accounting Gamesmanship

  • While not accountants, lawyers who can protect their clients, the Firm, and themselves from financial reporting which obscures rather than reports a client’s financial reality is a distinct asset. Sixteen techniques are exposed using well-known companies as examples.

Management Discussion and Analysis (MD&A)

  • Study how to tell whether or not a client’s MD&A (part of the Annual Report) conforms to frequently changing SEC rules and the enforcement actions that can be taken when they don’t.

Merger and Acquisition Accounting

  • Explains the complex accounting rules present in every business combination including goodwill, step-up to fair value impact, in-process R&D, push-down and recap accounting, exit and integration cost issues, and deferred tax liability consequences.

Valuation

  • An overview of how finance professionals value companies.  Issues are explored from both the buyer’s and seller’s perspective.  Valuation methodologies are discussed in detail, with a focus on the “soft spots” in each of the methods in use.

Capital Structure and Markets

  • Corporate lawyers are very often involved in financing transactions.  Bringing real value to these transactions is enhanced by an understating of the how and why a client uses different forms of capital. This course looks in detail at the capital structure of a company, the mix of debt and equity used to finance the purchase of assets.  Focus is on how a company makes decisions on the types of financing available to the firm, and how these decisions impact management, the shareholders and the financial statements.

Financial Covenants

  • Using financial statements to construct financial covenants with attention to coverage and leverage tests, as well as net worth and liquidity tests, and definitions of income and cash flow.

International Financial Reporting Standards (IFRS)

  • Contrast and comparison of IFRS and U.S. GAAP (Generally Accepted Accounting Practicies) and how to navigate and understand IFRS-based financial statements and their accompanying notes.

 

Contact The Dickie Group for more information on any of the above courses and see the CLE page for information on Continuing Legal Education credits.