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Karen LoDico
Chief Financial Officer at Morgan Lewis – Finance & Tax Executive – Former PwC Law Firm Services Partner - Specializing in: Team Development – Business Efficiency – Global Operations & Structuring
Professional Background
Karen Kainz LoDico is a distinguished accounting professional with an impressive 25-year career in public accounting, renowned particularly for her extensive experience within the legal industry. For the last 19 years, Karen dedicated her talents to serving large, global, and domestic law firm clients, where she honed her expertise in various financial disciplines. Currently, she occupies the esteemed position of Chief Financial Officer (CFO) at Morgan, Lewis & Bockius LLP, one of the most respected law firms in the United States. In this pivotal role, Karen is tasked with a mission to collaborate with the Executive Team and to drive the firm’s strategic objectives while fostering innovation across its financial and operational frameworks.
Before embarking on her current journey at Morgan Lewis, Kainz LoDico established herself as a formidable leader and trusted advisor at PricewaterhouseCoopers (PwC). As a partner in the Private Company Services Practice, she specialized in guiding clients through complex tax and financial matters, positioning herself as a key figure in the legal sector. Her various leadership roles at PwC, including as Tax Director in both the Industry Tax Practice and the Private Company Services Practice, allowed her to significantly influence tax strategy and compliance for a diverse clientele. Karen’s career began with foundational positions at PwC, where she advanced from Senior Tax Associate to Tax Manager, showcasing her exceptional capabilities in tax and financial advisory services throughout the years.
Education and Achievements
Karen Kainz LoDico's educational foundation laid the groundwork for her successful career in accounting and finance. She earned a Bachelor of Science degree in Commerce, concentrating in Accounting, from the prestigious University of Virginia. This educational background has proven invaluable in shaping her understanding of complex financial concepts and fostering a deep appreciation for the intricacies of accounting practices.
Throughout her career, Karen has not only displayed technical skills but has also focused on personal and team development. Within her various roles, she has been instrumental in nurturing talent and promoting diversity, equity, and inclusion within the workplace. Her approach to team building emphasizes the importance of onboarding, employee development, and retention—principles that have contributed to the growth of effective and cohesive teams.
Key Competencies
Karen's career is marked by several key competencies that set her apart in the fields of accounting and finance.
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Technical Expertise: With a robust understanding of complex, global law firm accounting, Karen is adept at resolving a wide array of financial and tax issues. She has earned a reputation as a trusted technical advisor for law firm executives, providing invaluable insights on financial decision-making and tax compliance.
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Business Leadership and Financial Management: Karen is recognized as a visionary leader in strategic operations and business structuring. Her capabilities include delivering advisory services, managing client relationships, and spearheading operational efficiency initiatives that promote growth and sustainability.
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Team and Talent Developer: A natural team builder, Karen is passionate about engaging with employees throughout their lifecycle within the firm. She places importance on developing and retaining top talent by fostering a culture of diversity and inclusion. Her commitment to empowering others has made a significant impact on the organizations she has been a part of.
In her role as CFO, Karen Kainz LoDico continues to leverage her wealth of knowledge and experience to drive financial excellence, enhance operational capabilities, and cultivate a collaborative environment that supports the firm's strategic goals. Her journey reflects a dedication to both professional growth and a commitment to shaping the future of accounting and finance within the legal sector.