I solve business problems for law firms.
This is currently done through 4L Law Firm Services LLC, a company founded in December 2010 to perform outsourced accounting and billing services and to provide IT/software solutions -- via the cloud -- to small and midsize law firms (i.e., 5-to-30+ lawyers).
This solving-business-problems-for-law-firms thing began innocently enough. A few years ago Arthur Andersen sent me to a 70-lawyer firm in Chicago – Katten Muchin Gitles Zavis Pearl & Galler – with instructions to “figure out what’s not working there so they will hire us to fix it.” Eventually, the law firm hired me away from AA&Co. I’ve been fixing things for law firms ever since.
Katten Muchin made me their CFO and the firm grew to 400+ lawyers during my tenure. After a while, I was made a partner (I'm a member of the Illinois bar), even though I logged no billable hours and rarely interacted with clients. My job was managing the law firm. Later I held senior management positions with four other large firms.
As time has gone by….
4L Law Firm Services LLC – Managing Director
Holland & Knight LLP – CFO
1,000 lawyers; 23 offices; $600M budget
Gardner Carton & Douglas LLP – COO
250 lawyers; 4 offices
Breazeale Sachse & Wilson – Managing Partner
75 lawyers; Baton Rouge & New Orleans
Jenner & Block – COO
400+ lawyers; Chicago & Washington
Katten Muchin – Administrative Partner
firm grew from 70-to-400 lawyers during my tenure; from 1 office to 7
Arthur Andersen & Co – Chicago office
University of Iowa, J.D. with high distinction
Arthur Andersen & Co – Chicago office
University of Notre Dame, BBA (Accounting)
Current location: Tampa, FL
Original hometown: Sigourney, IA
Future hometown: Chicago or maybe Paris
I'm known for: 1) Bringing clarity to complex financial and strategic challenges; ideas, options and actionable solutions. (Example: Partners' Non-resident State Income Taxes, the board game [patent pending].) 2) Cufflinks and purple ties. 3) Excessive use of semicolons and footnotes. 4) A non-traditional sense of humor.
Current projects: 1) Building 4L Law Firm Services LLC so I’ll eventually be able to check the “$5 million to $9.9 million annual revenue” box when renewing online subscription to CFO Magazine. 2) Writing this blog.
Greatest achievements to date: 1) Christopher and his progeny. 2) Solving problems which enabled my law firms to become more efficient, more productive, easier to manage and increasingly more profitable. 3) Writing a law review article which was later plagiarized in a highly-regarded business publication, “authored” by two accounting professors -- meaning someone other than my mother actually read the thing.
Blocks I’ve been around: Chicago's Old Town and Wicker Park; 16th Arrondissement.
I’m addicted to: New York Times; NPR; a good novel; Jeanne – not necessarily in that order.
Things that really happened: 1) Declined job at Katten Muchin the first two times it was offered. 2) Filled out a high school career aptitude test repeating the pattern “C-C-C-D-E” which is the opening notes to Row, Row, Row Your Boat.
Secret ambitions: 1) To teach. 2) Write Top 10 Lists for Letterman.
Something I hate to admit: Can’t do math in my head.
Learn more about me and what I do: 1) Read this blog. 2) Contact me at mmarget@4L-Law.com. 3) Visit the 4L Law Firm Services LLC website at www.4L-Law.com.
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Building 4L Law Firm Services LLC so I’ll eventually be able to check the “$5 million to $9.9 million annual revenue” box when renewing online subscription to CFO Magazine. 2) Writing this blog.ReplyDelete
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