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Overview
Make Yourself Indispensable With These Tax and Financial Analysis Skills
Understanding financial statements and tax returns can significantly enhance a paralegal's value to their legal team. Here's why:
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Enhanced Legal Support:
- Informed Decision-Making: Paralegals can provide more informed insights to attorneys, helping them make better strategic decisions.
- Effective Negotiation: A deep understanding of financial data allows paralegals to support negotiation strategies more effectively.
- Stronger Litigation Support: Financial analysis can be crucial in preparing for and supporting litigation cases.
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Improved Due Diligence:
- Risk Assessment: Paralegals can identify potential financial risks and liabilities during due diligence investigations.
- Red Flag Detection: A knowledge of financial statements can help spot red flags that might indicate fraudulent activity or financial instability.
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Proactive Problem Solving:
- Anticipating Issues: By understanding financial data, paralegals can anticipate potential legal issues and take proactive steps to address them.
- Risk Mitigation: Financial knowledge can help paralegals identify areas where clients may be exposed to financial risks and advise on mitigation strategies.
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Enhanced Client Service:
- Informed Communication: Paralegals can communicate more effectively with clients by explaining complex financial concepts in a clear and understandable manner.
- Value-Added Services: By offering financial analysis, paralegals can provide additional value to clients beyond traditional legal services.
In essence, a paralegal's knowledge of financial statements and tax returns can make them a more valuable asset to their legal team, enabling them to provide more effective support, identify potential risks, and contribute to the overall success of their clients' legal matters. This course will help you do just that.
Make yourself indispensable - register today!
Abbreviated Agenda
- Obtaining Tax and Financial Records
- Understanding Tax Returns and Accompanying Documents
- Using Financial Statements and Tax Returns to Support Negotiations and Litigation
- Analyzing Business Records and Financial Statements
- Investment Portfolio Analysis
- Financial Forensics Tools and Working With Experts
- Legal Ethics for Paralegals
Credit Details
Credits Available
| Credit | Status | Total |
|---|---|---|
| California MCLE Paralegal |
|
6 Total |
| Delaware Certified Paralegal Program |
|
6 Total |
| Florida Registered Paralegal |
|
6 Total |
| Indiana Paralegal CLE |
|
6 Total |
| NALA |
|
6 Total |
| Montana CLE Credit for Paralegals |
|
6 Total |
| North Carolina Continuing Paralegal Education |
|
6 Total |
| New Mexico Paralegal Division, State Bar of |
|
6 Total |
| Ohio Certified Paralegals |
|
6 Total |
| NFPA |
|
6 Total |
| Texas State Bar of Paralegal Division |
|
6 Total |
| Washington Paralegal Association |
|
6 Total |
Select Jurisdiction
Agenda
-
Obtaining Tax and Financial Records
- Publicly Available Information
- Requesting Business Records
- FOIA Requests
- Subpoena Process and Tips
- Due Diligence in Transactions
-
Understanding Tax Returns and Accompanying Documents
- Key Terms and Concepts
- Business Tax Returns
- Individual Tax Forms and Timelines
- Trust and Estate Tax Reporting
- Identifying Potential Tax Risks and Liabilities
-
Using Financial Statements and Tax Returns to Support Negotiations and Litigation
-
Analyzing Business Records and Financial Statements
- Ledgers
- Annual Financial Statements
- Key Performance Indicators and Ratios
- How Data can Be Manipulated and Misrepresented
-
Investment Portfolio Analysis
-
Financial Forensics Tools and Working With Experts
-
Legal Ethics for Paralegals
- Key Areas of UPL Risk
- Fiducial Responsibility
- Competence When Working With Complex Financial Data
- Guarding Confidentiality
Who Should Attend
This intermediate level course will teach attendees how to understand essential accounting principles and read financial statements. Those who should attend include:
- Paralegals
- Legal Technicians
- Legal Assistants
- Legal Support Staff
Speakers
Speaker bio
Brian M. Seelinger
is counsel with Knox McLaughlin Gornall & Sennett. P.C. He has spent his career solving complex financial challenges. Mr. Seelinger is compassionate while maintaining a process-oriented methodology. Examining a situation from multiple angles while being able to communicate across business roles is one of his strengths. Mr. Seelinger's breadth of experience across roles and industries provides clients a 360 degree view of situations, often providing unique but simple solutions while also able to engage in the most complex financial situations. He was most recently a Senior Portfolio Manager and Vice President in the Trust Department of a publicly traded multi-state bank. While there Mr. Seelinger worked with institutional and personal clients, including municipal governments, pensions, non-profits, guardianships, foundations, endowments, authorities, trusts, small businesses, and high-net worth clients. Beyond investment management he also performed a variety of fiduciary and compliance tasks regarding ERISA, mutual fund selection, financial modeling, risk management, financial projections, and tax planning. Mr. Seelinger is admitted in Pennsylvania, Ohio, U.S. District Court for the Western District of Pennsylvania and U.S. Tax Court. He earned his B.S. degree from Pennsylvania State University, his M.B.A. degree from Pennsylvania State University and his J.D. degree from Syracuse University College of Law.
Speaker bio
Usman Mohammad
is counsel at the New York City office of Kostelanetz LLP. His practice includes New York City and state government procurement matters, civil and criminal tax controversies including tax whistleblower matters, and commercial litigation. Mr. Mohammad has litigated cases in a variety of forums, including New York State Court, federal district courts, U.S. Tax Court and AAA and private party arbitrations. He has extensive experience with government procurement award protests, Article 78 proceedings involving procurement matters, foreign asset reporting issues, IRS responsible person and trust fund recovery penalty matters, IRS whistleblower matters, and IRS collection cases. Mr. Mohammad earned his B.A. degree from the University of North Carolina at Chapel Hill in 1995, and graduated cum laude and Order of the Coif (top 10 percent) from the University of Michigan Law School in 1998. He was the associate editor of the Michigan Law Review from 1996 to 1997, and an executive editor from 1997 to 1998. Mr. Mohammad joined Kostelanetz LLP in 2000.
Speaker bio
Zuzana Colaprete
is an estate planning attorney in Rancho Santa Fe, California, specializing in trusts, wills and estate administration. She is admitted to practice law in California and New York. Ms. Colaprete is also a certified public accountant (certified in Arizona). During the tax season, Ms. Colaprete prepares individual, corporate and trust income tax returns, and estate and gift tax returns. She is also a lecturer at the Fowler College of Business at San Diego State University where she teaches estate planning issues and practice. She earned her J.D. degree from Hofstra University School of Law in New York, her LL.M. degree in taxation from the University of San Diego School of Law and her M.S.B.A degree in taxation from San Diego State University.
Speaker bio
Janathan L. Allen
is a partner with Allen Barron, Inc., an estate planning and financial advisory firm located in San Diego. She is also senior partner at Janathan L. Allen, APC. Ms. Allen has an extensive international tax, accounting, finance and legal background, and has worked with a diverse group of businesses advising clients in legal, financial and tax arenas. She began her career in the public accounting arena and then moved into the private sector as tax director for a biotech firm, Hybritech, Inc. Ms. Allen progressed to controller and CFO/legal counsel positions for a number of San Diego companies before becoming a partner at Allen Barron, Inc. and founding Janathan L. Allen, APC. Ms. Allen earned her B.S. degree from the University of Montana; her M.B.A. degree from the University of San Diego; her LL.M. degree from the University of San Diego School of Law, San Diego, California; and her J.D. degree from Southwestern University School of Law, Los Angeles, California.
Top FAQs
What is included with my course purchase?
When you enroll prior to the live event date you will receive access to the live-streaming webinar which will allow you to interact with faculty in real-time.
With each course, you will receive access to the content via OnDemand Streaming and the Video Download.
Course reference materials are included with each course purchase in a downloadable PDF format.
How do I access my courses?
Courses are available within your account. Simply login to your account and click on My Courses. If you require additional assistance please call our Customer Service Department at 800-793-5274.
Do you have options for attendees who are deaf or hard of hearing?
Closed captioning is available for all online live courses. Attendees may enable the closed captioning functionality within the event room once they have accessed the event by simply clicking the "cc" button in the lower right of the event room.
Are multiple attendee discounts available?
Yes, the more people you bring from your organization, the more you save. Please call out Customer Service Department to inquire about savings for your team at 800-793-5274.
When will the OnDemand be available and how long will I have access to the content?
The OnDemand Video will be available to stream within 14 days of live broadcast date. You will have access to the content for 6 months in your account.
If you're a subscriber, you'll have access to your course recordings until 7 days after the expiration date of the subscription.
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