Features and Opinion

  • artificial intelligence hand and human hand shaking

    Value creation and AI – a race to the bottom?


    For the better part of 12 months, artificial intelligence has been the talk of the town. Though beneficial, many have their concerns about what AI could mean for the future of the legal sector

  • cash-flow-stock-image

    The benefits of specialist VAT loans

    2024-01-03T10:57:00Z Partner content

    Managing cashflow and tax liability is one of the most significant hurdles for law firms. Law Society partner, STAR Professions, looks at how specialist VAT loans can help ease the burden

  • Jeff Zindani_600x400

    Exit strategy


    Jeff Zindani discusses how to ensure the successful sale of a legal business, the questions to first ask yourself, and ways to ensure both the best price and a lasting legacy for your hard work

  • Zulon Begum

    Raising 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

  • Sally Azarmi

    Share and share alike


    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

  • Andrew Otterburn

    The road ahead


    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

  • simon mccrum

    Turning over a new leaf


    The Law Management Section’s Finance and Business Forum takes place this November. Simon McCrum provides a sneak peek of what he’ll be talking about in his session: why turnover is the wrong measure of a law firm’s success

  • jigsaw heart being pulled away by a hand

    Heart of the matter


    If you are looking to merge or be acquired, you need to understand your firm’s value, and maximise it by effective planning and due diligence. Grania Langdon-Down talks to the experts

  • charles christian 140x96

    Big thinking


    Big data isn’t about sheer volume of data – it’s about how to use the data available to make effective business-critical decisions. As Charles Christian explains, it can help you to understand your business better, recognise trends and improve performance

  • resolve landscape

    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

  • Exit

    Emergency exit


    With firms feeling increasingly squeezed from all sides, it may seem tempting to divest yourself of underperforming practice areas. But getting it wrong could just make things worse. Grania Langdon-Down looks at the dos and don’ts

  • Ian Muirhead

    Staking a claim


    The legal regulators are predicting major change for the profession in 2015 in response to market and client pressures. Ian Muirhead presents an overview of potential competitive threats from the financial services

  • Tony Stockdale

    Taking stock


    When Tony Stockdale began working with Linder Myers, the firm was on the brink of collapse. In conversation with Caroline Roddis, he explains how he turned the firm around, and what he thinks the future holds

  • Andrew Otterburn

    Lock and key


    Setting and monitoring key performance indicators can help law firms to focus on the factors that most affect their success. Andrew Otterburn provides a beginner’s guide

  • Steven Petty

    Office politics


    As firms struggle to adapt to the pace of change in the legal market, premises costs can make the difference between success and failure. Steven Petty explains how you can manage these costs to the benefit of your firm

  • Setfords

    Set apart


    Guy and Chris Setford of Setfords Solicitors on the benefits of moving to a fee-sharing model

  • Managing for Success February 2013 cover image

    Managing for Success February 2013


    This edition features the Financial Benchmarking Survey, ABSs, retirement planning, regulatory change, a business health check, data protection, client care letters, PR, change management, risk management, fees for PI work, and pensions auto-enrolment  

  • Managing for Success August 2012 cover image

    Managing for Success August 2012


    This edition features ABSs, becoming a niche practice, tax planning, legal project management, using your partner reward system to achieve competitive advantage, and the challenges for legal businesses of the move towards paperless courts  

  • Managing for Success May 2012 cover image

    Managing for Success May 2012


    This edition features the LMS Financial Benchmarking Survey, how to access and use business intelligence, the Lexcel and the Excellence in People standards, ABSs, leadership, compliance planning, whistleblowing, and lean techniques