Financial Strategies that Optimize Your Technology Spend

Did your firm’s technology needs skyrocket while your finance department pulled back on the reigns? You are not alone.

Firms’ transformation to hybrid operations made a big impact on the need for more technology, including personal technology like laptops and tablets, as well as cyber security, collaboration, and business development technology. If your firm is paying cash, you may be paying too much and getting locked into inflexible platforms.

Learning objectives:

Leasing and financing help firms cut IT costs, streamline operations, and keeps your department on budget while optimizing your IT spending by:

• Creating flexibility at the end of the lease to refresh, change platforms, or buy
• Matching the useful life of IT assets to payments
• Improving security and compliance with active auditing of assets, including mobile asset management built-in
• Leveraging custom, creative structures including one-time payments and self-funding
• Leveraging Section 179 Tax Deductions
• Financing 100% of software – including training, implementation, and consulting fees

Join this session led by Mike Henderson to learn about how to optimize these benefits as well as what firms can lease from furniture to firewall software.

RSVP: Please register by April 27 using the REGISTER link to receive the Zoom access information. The Zoom access information is provided in your registration confirmation.

If questions or to cancel a reservation, contact [email protected].

Cost:  No cost for ALA members and ALASVC business partners. Guests $20.

Business Partners: Please use the Guest option to register.

View the Event Registation List by selecting the meeting from the drop-down list.

Mike Henderson brings over two decades of knowledge capital and dedicated experience in the high-tech corporate leasing industry to the CoreTech team.

Highly regarded in the field, Mike initiated his career with an 18-year tenure at US Bank’s Equipment Finance Division with the Oliver Allen Corporation where he was pivotal in building the group’s impressive portfolio along with CoreTech’s president and founder, Scott McFetters.

Henderson continued his tenure at US Bank Equipment Finance Division once it acquired Oliver Allen where he managed enterprise accounts with $250 million in revenue or above, leased $20+million in volume every year for over a decade, was awarded Sales Person of the Year twice, and was a year after year Pinnacle Award recipient from 2001 through 2012.

We appreciate the generous support of our chapter sponsors. Thank you!

Be sure to meet all of our distinguished Chapter Business Partners -- building a positive business relationship and understanding their services is advantageous when you need a product or service at a moment's notice. Business partners are an important resource for legal management professionals to perform their jobs, plan for the future, and build their knowledge about changes and trends in products and services for the success of their firms.

CLM^® Application Credit for Functional Specialists: 
1 hour in the subject area of Financial Management (FM) toward the additional hours required of some Functional Specialists to fulfill the CLM application.

CLM® Recertification Credit:
1 hour in the subject area of Financial Management (FM)