All Feature articles – Page 94
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The firm that is making DBAs a success
The legal profession has, for the most part, given damages-based agreements a wide berth since their inception in 2013. Richard Spector explains how ELS Legal is going against the grain by making them an attractive and successful funding option for his firm and clients alike
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How do you do?
The Law Management Section’s 2016 Financial Benchmarking Survey suggests a generally positive outlook, but, warns Andy Harris, some firms may be slipping back into bad habits
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Full steam ahead
A new Law Society report predicts what the future might look like for the legal sector. Three members of the Law Management Section committee outline their own approaches to future-proofing your firm in an uncertain market
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Much obliged
Outcomes-focused regulation was intended to offer firms greater flexibility, but many now cite compliance obligations as a significant burden. Leading commentators and practitioners talk to Lucy Trevelyan about trends in regulation, and offer their top tips for effective compliance.
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Come back fighting
Five years ago, ELS Legal was hit by scandal: one of its partners had defrauded a client of millions of pounds. Partner Richard Spector talks to Duncan Wood about the firm’s comeback, and how it has innovated to succeed.
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All the answers
Tom Wagstaff talks about the story behind his firm’s award-winning knowledge management system and shares his top 10 tips for delivering a successful knowledge management project
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A flying start
What are your new year’s resolutions for your business in 2016? Top of the list should be analysing and managing profitability, according to John Playfair . He provides his top five tips for improving law firm profits, to ensure you realise your full potential
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The generation game
Today’s law firms have up to five different generations in their workplace, each with its own values, motivations, needs and wants. And traditional law firm management needs to change to accommodate a multigenerational workforce, says Rachel Brushfield
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First impression
What does it take to manage a small firm successfully? Sally Azarmi, the new chair of the small firms committee, looks at how the Small Firms Division supported its members in its first year, and outlines its plans for 2016.
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Fund of information
Lending to law firms has changed significantly in recent years, from the old traditional funding market, to a ‘new norm’ with a more sophisticated range of products to suit different parts of the sector. Barry Wilkinson investigates.
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Conversion rate
Do you know which of your firm’s business development activities translate into the most high quality enquiries? How well do you convert those enquiries into instructions? Sue Bramall provides a beginner’s guide to maximising conversion
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Cloud of suspicion
The legal sector is clearly sceptical about cloud services – only 15 per cent of law firms currently use the technology. But, says Nigel Wright, the rest are missing out on real benefits to their business, people and clients.
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Changes to the European Small Claims Procedure announced
More citizens and small firms will be able to use the simplified EU procedure to resolve low-value disputes across borders
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Capital thinking
Tax changes applying since April 2014 have created new opportunities and pitfalls for those buying and selling commercial property. Ray Chidell and Jake Iles explain
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'Unaffordable to most'
The Lord Chief Justice’s 2015 annual report has bemoaned the soaring costs of justice. Rosie Ioannou of litigation funders Vannin Capital, shares her thoughts on the report’s findings - are fixed fees the way forward?
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Too simple?
The simplification of lasting powers of attorney may encourage more people to make one, but the changes also remove certain safeguards, which could lead to abuse of the system. Fiona Heald explains
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In their shoes
In July 2015, Office of the Public Guardian introduced new deputy standards to support and supervise professional and public authority deputies. Jack Dunkley explains what prompted the guidelines, and reports on the feedback so far
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Powers that be
Richard Heaney looks at the land registration aspects of transactions involving the use of a power of attorney, and what you can do to ensure these applications are processed as quickly as possible.
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Means to a dividend
From April 2016, the notional 10% tax credit on dividends will end, making way for a new £5,000 tax-free dividend allowance. Steven Holmes and Sharon Ryan explain the tax implications of the changes – and what you can do to mitigate the costs.