Brenda Barnes

Brenda Barnes is a graduate of the University of Texas at Austin in Accounting and has an MBA from Texas State University. She is a legal and accounting professional with over 35 years of experience working with solo to mid-sized law firms across the United States. Brenda is the founder of B2 Legal Management, LLC, known as B2 which provides outsourced accounting and billing services to law firms. She sold the business in 2021 and focuses her time on her consultancy practice providing clients with custom compensation plans, succession planning and financial management. (brenda-barnes.com) 

 

Balancing the Equation: Is Partner Compensation a Science or an Art?

When it comes to determining partner compensation, the debate over whether to use a strict formula or take a more subjective approach has been long-standing. On the surface, a formula-driven compensation model offers clear advantages. It provides transparency, objectivity, and the ability to reward specific per… Read More

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The Corporate Transparency Act: What North Carolina Law Firms Need to Know

Lawyers Mutual has published previous alerts regarding the new filing requirements under the Corporate Transparency Act (“CTA”) that went into effect January 1, 2024. After reviewing additional resources, we want to emphasize concerns that we have about the risks and increased potential liability for lawyers undertaking the reporting requirements. This is especially true for the continuing reporting requirements after entity formation and initial reporting.  

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