Participants noted the need to report information about the business model, as users of financial reports first must better understand the entity's business model in order to comprehend financial and nonfinancial information about the entity.
To create a financial and business model, a person must have understanding of all business entities.
Others engaged in aggressive resource development, pursued alternative methods of providing legal services to clients, reconfigured their organizations, or, in some instances, took their skills and talents elsewhere.