Andrew Otterburn is a law firm management consultant, and a vice-chair of the Law Management Section (www.lawsociety.org.uk/lawmanagement) executive committee
Financial stability is making headlines: a string of big names have declared insolvency in recent months, many after issuing profit warnings. Andrew Otterburn provides a simple guide to measuring and monitoring your firm’s financial health
In your financial reporting, do you focus on fees and hours? If so, you’re missing a trick, according to Andrew Otterburn. Focusing on gross profit can help you with everything from gearing to pricing, and productivity to teamwork.
In one of the four webinars inclusive in 2014 Law Management Section membership, Andrew Otterburn and Barry Wilkinson provide guidance on how law firms can ensure they are on a sound financial footing