Many lawyers think of accounting and balance sheets as a job of an accountant, and do not take time to become
proficient in understanding the basic rules of accounting, let alone the assumptions and principles that draw upon those basic rules. Continuing to develop skills in understanding how companies base their financial statements
will assist lawyers at all levels to assess areas such as profitability, liquidity and efficiency. This knowledge
is particularly helpful in the legal practice, whether in Corporate Finance, M&A, Litigation or Tax practice areas.
Connie Carmichael is a qualified accountant with more than 25 years of global accounting experience. In addition to her practice experience, Connie regularly teaches at the top law schools in Hong Kong and serves as an external training consultant in the Asia offices of some of the world’s leading law firms, instructing trainee solicitors, solicitors and Partners on accounting and its impact on their legal practice.