Features and Opinion – Page 2
-
FeatureHard times
Jenny Screech offers some practical tips to help ensure your PII renewal process is as smooth as possible this year
-
FeatureIn the balance
Andrew Allen investigates how law firm balance sheets will change over the next few years
-
-
FeatureFirst peek
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
-
FeatureLaw firm debt and funding: is there a tiff on the horizon between firms and banks?
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
-
FeatureStormy skies
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
-
FeatureAbout time
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
-
FeatureRecession-proofing: the benefits of variable costs
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
-
FeatureThe big five
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
-
FeatureCashflow forecasting: Forewarned is forearmed?
Barry Wilkinson and Andrew Harris talk about cashflow forecasting in their new podcast.
-
FeatureCoronavirus – practical financial and tax guidance to law firms
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).
-
FeatureMoney matters
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 firm
-
FeatureOn the money
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
-
-
-
FeatureRaising your game
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
-
FeatureBe prepared
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
-
FeatureA sneak preview
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
-
FeatureInformation is power
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
-
