Features and Opinion

  • peter-scott-600x400
    Feature

    Sting in the tail

    2022-01-26T00:00:00Z

    Peter Scott examines the financial issues facing firms in the long tall of the pandemic

  • jenny-screech-600x400
    Feature

    Hard times

    2021-07-06T00:00:00Z

    Jenny Screech offers some practical tips to help ensure your PII renewal process is as smooth as possible this year

  • Paul McCluskey
    Feature

    Even keel

    2021-04-13T00:00:00Z

    Paul McCluskey discusses the steps law firm leaders can take to achieve financial stability and protect their personal assets

  • Andrew Allen
    Feature

    In the balance

    2021-04-13T00:00:00Z

    Andrew Allen investigates how law firm balance sheets will change over the next few years

  • Andy Harris 600x400
    Feature

    First peek

    2021-01-19T00:01:00Z

    The 2021 Law Management Section Financial Benchmarking Survey will be published in the next couple of months. In the meantime, Andy Harris , author of the report, shares some of the early findings

  • Piggy banks
    Feature

    Law firm debt and funding: is there a tiff on the horizon between firms and banks?

    2021-01-15T12:13:00Z

    Andrew Allen looks at how the debt profile of many law firms has changed since the start of the COVID-19 pandemic, how this has affected the relationship between law firms and banks, and what firms can do to address their debt and funding now

  • Andy Harris 600x400
    Feature

    Stormy skies

    2020-10-06T00:00:00Z

    Andy Harris looks at the financial challenges ahead for law firms in the next few months, and what you can do to minimise the impact on your firm, including through effective forecasting

  • Colin Bohanna 600x400
    Feature

    About time

    2020-10-06T00:00:00Z

    Did you know that switching tasks too often could eat up 40% of your productivity? Or that lawyers typically bill only 31% of their time? Colin Bohanna looks at the value of time management – and how you can improve yours

  • money-clock-office
    Feature

    Recession-proofing: the benefits of variable costs

    2020-08-18T19:45:00Z

    David Turney is happy to report that his firm is “virtually” recession proof – because it keeps its costs variable rather than fixed wherever possible. And this approach also results in a happier team and happier clients

  • Jo Morris 600x400
    Feature

    The big five

    2020-07-07T00:00:00Z

    Jo Morris outlines the changes brought in by the Fifth Anti-Money Laundering Directive, and what you need to do to ensure your firm is compliant

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    Feature

    Cashflow forecasting: Forewarned is forearmed?

    2020-05-31T00:07:00Z

    Barry Wilkinson and Andrew Harris talk about cashflow forecasting in their new podcast. 

  • Andrew Allen
    Feature

    Coronavirus – practical financial and tax guidance to law firms

    2020-04-21T14:56:00Z

    Andrew Allen collates guidance for law firms to help them through the coming weeks and months when they face the business challenges arising from coronavirus (COVID-19).

  • Paul McCluskey
    Feature

    On the money

    2020-04-07T01:00:00Z

    In the first of a new series, Paul McCluskey looks at how law firm banking has changed in the last decade, and what impact third-party managed accounts could have in future

  • alex-shacklock-600x400
    Feature

    Money matters

    2020-04-07T01:00:00Z

    Law firms face the challenge of managing the tension between professionalism and commercialism. Most provide high-quality advice to clients, but many struggle with capturing a fair share of that value and turning output into profit and cash. Alex Shacklock looks at how to improve commercial performance in any law ...

  • Yarman Vachha
    Feature

    Zero hero

    2020-01-14T00:00:00Z

    Zero-based budgeting is often seen as a cost-cutting exercise, but used strategically, it can help you grow your business. Yarman Vachha explains the benefits of the approach, and how to implement it in your firm

  • Scott Campbell
    Feature

    Pay heed

    2020-01-14T00:00:00Z

    In April, the government is planning to make changes to IR35 – the rules around the tax treatment of off-payroll contractors. Scott Campbell explains the changes, and how they could apply to your firm

  • Zulon Begum
    Feature

    Raising your game

    2019-07-02T00:00:00Z

    From partner capital calls to public listing, there are many options for law firms looking to raise capital for growth and investment. Zulon Begum looks at the challenges and benefits of each approach

  • Rosy Rourke
    Feature

    Be prepared

    2019-07-02T00:00:00Z

    The new SRA Accounts Rules will come into force on 25 November 2019. Rosy Rourke  of Armstrong Watson outlines the changes, and what law firms should be doing now to prepare

  • Data - woman holding a phone connecting to a chain of information blocks
    Feature

    Information is power

    2019-04-09T00:00:00Z

    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

  • Barry Wilkinson
    Feature

    Hard cash

    2019-04-09T00:00:00Z

    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?