Features – Page 4
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Opinion
Should we invest in AI? Priorities and threats to the high street firm
Joe Reevy offers his personal perspective on why law firms need to keep their focus commercial and to avoid getting distracted by the next big thing.
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How to move into international markets
What does your firm need to consider when expanding into international markets? Felicia Meyerowitz-Singh and Sebastian Knudsen weigh up the options.
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The proposed PII reforms – who benefits?
The Solicitors Regulation Authority (SRA) wants to reduce the minimum levels of insurance cover that regulated firms must hold. The Law Society will be submitting our analysis of the proposals. But one of the questions we are left with is: who will benefit from these reforms?
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Should your firm team up with an IFA?
With accountancy firms moving into legal work, and unregulated legal advice on the rise, the competitive pressure on law firms is getting more intense. Could joining forces with independent financial advisers be the answer? Ian Muirhead presents his case.
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Clarity for Lawyers: book review
Peter Todd, training partner at Hodge Jones & Allen LLP, explains why Clarity for Lawyers by Mark Adler and Daphne Perry, now in its 3rd edition, is a must-read for all lawyers.
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Four steps to improve your firm’s cash flow in 2018
A recent survey has revealed that over half of Britain’s SMEs are owed nearly £45 billion in late payments, placing severe strain on working capital. Steve Deutsch outlines some simple steps that small businesses - law firms included - can take now to bolster their balance sheets.
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Autumn Budget 2017 - the headlines for law firms
Steve Roberts looks at the top-level developments in November’s Budget for law firms.
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Pricing excellence for law firms: How to be smarter and more profitable
Philipp Biermann and Andreas Panayiotou set out five actions you can take to improve your pricing outcomes and create significant value for your firm.
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The argument for self-care
Sass Boucher is a counsellor and psychotherapist registered with the BACP, working in private practice. She discusses how the act of self-care can be an antidote to working in stressful and traumatic roles.
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Why join the Law Management Section committee?
The Law Management Section committee currently has four vacancies. Current committee member Ian Hopkins explains why he joined, how it’s benefitted him and his firm, and how the committee supports Section members
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Analysis
Autumn statement 2016 – impact on law firms and their clients
Philip Hammond has delivered his first – and last – autumn statement as chancellor. What are the key points for law firms?
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Defying conventional wisdom
Partner Jeremy Holt discusses growing and running a law firm, according to ‘conventional wisdom’.
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Client reviews: 5 benefits of using an independent consultant
Do you fully understand your clients’ needs? Are they really satisfied with your service? Daphne Thissen explains the benefits of using a consultant for client reviews
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News
SRA Handbook proposals: Catherine Dixon responds
The Solicitors Regulation Authority is consulting on major changes to the SRA Handbook. Law Society chief executive Catherine Dixon outlines the risks the proposals present to the legal profession and to clients
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Book review - Remaking Law Firms: Why & How
Remaking Law Firms: Why & How (by George Beaton and Imme Kaschner) provides a very valuable foretaste of what is to come - don’t say you weren’t warned, says Barry Wilkinson
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Five business development options that don’t involve networking
A lawyer’s career hinges on their ability to win work. Douglas McPherson suggests five alternative options for those that don’t like formal networking
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The PSC register: what legal practice managers need to know
The requirement for a register of ‘persons with significant control’ came into force on 6 April 2016. Alison Matthews explains what you need to know
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The importance of effective internal communication
Effective internal communication will reap dividends over time. Rachel Brushfield explains the role it plays in building employee engagement.
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Book review: LinkedIn for Lawyers – Developing a Profile to Grow Your Practice
Can LinkedIn help lawyers improve their practice in an efficient and cost effective way, or is it a time-consuming luxury? Barry Wilkinson reviews LinkedIn for Lawyers - Developing a Profile to Grow Your Practice (by Emily Miller and Kirsten Hodgson) and offers his verdict
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Creating a ‘great place to work’: the key to talent attraction and retention
Creating ‘a great place to work’ is a key element of talent attraction and retention. Julie Harrison explains the challenges and provides a taster of her session at the LMS annual conference on 27 April