AACFL Certified Financial Litigator

The ALA has partnered with The American academy of Certified financial litigators (aacfl) to provide AN Opportunity to Earn the CFL Designation at a preferential Price

Whether your engagement is related to a divorce, a shareholder dispute, a damages claim, or other types of litigation, chances are that a significant part of your work relates to money. Surprisingly, many law schools do not offer extensive training in finance, accounting, and economics.  The CFL™ designation fills this void. The CFL™ Training Course covers a wide range of topics such as tax returns, financial statements, business tax returns, income support calculations, investments, business valuations, and much more. While the program was built specifically to promote greater awareness and education for attorneys on financial concepts related to litigation, it offers significant value to attorneys who don’t find themselves in court frequently.

The AACFL Training Course has been developed exclusively by the AACFL faculty, including experts in their fields. The faculty and curriculum developers consist of Attorneys, CPAs, CFAs, MBAs, PhDs, and other talented experts. All participants will receive the course materials, reference materials, practice aids, practice checklists, and financial analysis resources. The AACFL’s approach to training is interactive and is based on class exercises followed by discussion.

Position yourself with credibility in your profession by becoming a CFL™.   Email us at memberservices@alacommunity.org to get your preferential pricing code.

The CFL™ designation represents the successful completion of the CFL training curriculum and a passing score on the CFL exam. Only members of the AACFL may enroll in this course.

The Training Course will cover all of the information included on the CFL™ exam.

You can expect to learn about these important financial topics

  • Accounting for Attorneys
  • Financial Statement Analysis
  • The Anatomy of Tax Returns and Tax Documents
  • Taxation
  • Tax Return Analysis
  • Understanding Investments
  • Compensation Issues
  • Business Valuation
  • Forensic Accounting
  • Economic Analysis for Attorneys
  • Income Available for Support Purposes
  • Lost Profits and Lost Wages
  • How to Cross Examine a Financial Expert
  • Preparing Targeted Document Requests for Financial Data

Why Join the AACFL?

The primary mission of the AACFL is to serve the community through its many programs. How is this accomplished? By promoting greater awareness and education to attorneys on the financial aspects of litigation. One end result will be a reduction in the need for court time or avoiding litigation altogether. A reduction in court time needed for these issues will reduce the work load of the courts allowing the justices to focus their valuable time more pressing matters. Other end results will include a way for the public to more easily distinguish the lawyers who have had advanced training, a more efficient process for the parties, and mentoring among lawyers and judges to create a more cooperative legal community.

Frequently Asked Questions about the CFL Certification Designation

FAQ

Yes, you must be a member in good standing to be eligible for the discount on the certification. Email us at memberservices@alacommunity.org to get your preferential pricing code.

No, your membership gets you access to all of these courses provided by the ALA.  The is an additional cost for the CFL certification but as an ALA member you are eligible for preferential pricing.