The 2019 Law Management Section Financial Benchmarking Survey will be published very soon. In the meantime, Andy Harris , lead author of the report, gives a sneak peek at some of the key findings
The idea of being a data-driven business can sound intimidating – something best left to PhD statisticians and data scientists. But monitoring data at your firm doesn’t need to be difficult, and it can bring real benefits. Derek Fitzpatrick explains
Law firms often focus on profits, but cashflow is far more important to the success of your firm, says Barry Wilkinson. But what are the key causes of cashflow difficulties, how can you tackle them, and how can you avoid them in future?
It can be a struggle to understand the nature of social media. The top 10 law firms in the UK think that cyber threats are a major concern when using social media platforms.
New coworking and shared workspaces are popping up all over England and Wales. But can they work for law firms? Sally Azarmi outlines the benefits she’s found since she started coworking
With the RBS Business Banking Switch launching on 25 February, more firms than ever will be weighing up a move to a new bank. Sara Hutton explains what you need to consider.
Andrew Allen provides an overview of the changes to the SRA Accounts Rules, expected to come into force in April 2019. What are the challenges and opportunities, and what do firms need to do now to prepare?
Members of the Law Management Section committee led sessions at a roadshow this winter to highlight the opportunities and challenges in the year ahead for law firm financial advisers and finance directors. Andrew Otterburn reports back
External investment is increasingly common in the legal sector, and for all sizes of firm. But is it for you? Tom Blandford helps you decide
Involving employees in the ownership of a business can improve performance, motivate your people, promote team spirit and cohesion, and support succession planning. Robert Postlethwaite looks at the options for law firms