Robert FaroAs Chief Financial Officer, Robert Faro heads the Gibbons Client Financial Services Department and manages all of the firm’s accounting and client billing services. He also serves as an administrator on the firm’s Executive Committee.
Mr. Faro proactively works to ensure that costs are managed and controlled so as to reduce the firm’s overall expenses and save money for clients. In 2009, he helped lead the firm’s campaign - “Nine in ‘09” - aimed at reducing the firm’s expenses by 9% in a difficult economic environment.
He also focuses on adding value for clients through the development of alternative billing arrangements that help to further align Gibbons with the needs of its clients. These have included discounted hourly fees, task-based billing, fixed fee billing, blended rates, and other custom arrangements where appropriate.
Mr. Faro and his team also work closely with the firm’s attorneys to evaluate the scope of each new project and determine realistic budget parameters that allow the firm to provide innovative, effective solutions while remaining cost-efficient for the client. He then works with members of the Client Financial Services Department and the lead attorney on each matter to track the budget, supervise the time billed, and advise on time- and cost-saving measures as needed.
Mr. Faro’s prior experience includes Finance/Accounting positions with the law firms of Milbank, Tweed, Hadley & McCloy, and Winston & Strawn.
State University of New York - New Paltz (B.S., Finance)