As the firm's Chief Financial Officer, Mr. Faro oversees all accounting and financial operations. He is responsible for providing the Executive Committee with timely and accurate financial statements, ongoing cash flow projections, and budget and forecasting projections. He is also responsible for establishing and maintaining all internal procedures and controls, and he directly oversees all tax, audit, and compliance issues.
As the head of the Client Financial Services Department, Mr. Faro leads a team that works closely with the firm’s billing attorneys to evaluate the scope of new legal engagements and, where appropriate, add value for the firm’s clients by developing alternative fee arrangements, such as task-based, fixed fee, and blended rate deals. As part of the firm’s overall cost management and procurement policies, Mr. Faro continuously seeks to improve the firm’s business and financial systems by converting and implementing strategic software and systems updates. These improved efficiencies are passed along to clients in the form of better service and, ultimately, cost savings.
Mr. Faro is a member of the firm’s Executive Committee as well its Finance, Audit and Benefits Committees. He earned his Bachelor of Science degree from the State University of New York at New Paltz, and has held previous finance and accounting positions with the law firms of Winston and Strawn and Milbank, Tweed, Hadley and McCloy.