Features – Page 4
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Feature
Retaining young talent in law firms – part one
Attracting and retaining the right talent is one of the most business-critical issues affecting law firms. In the first of a two-part series, Rachel Brushfield looks at how firms need to rethink their practices in order to successfully attract and retain young talent in fast-changing times.
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Renewing your firm’s insurance – tips from a market broker
Martin MacHale explains the process of renewing your firm’s professional indemnity insurance – from the perspective of an underwriter.
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How to find your ideal banking partner and make the move
With the RBS Business Banking Switch launching on 25 February, more firms than ever will be weighing up a move to a new bank. Sara Hutton explains what you need to consider.
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Investing in innovation: a strategic imperative in uncertain times?
Law firms of all sizes need to invest in innovative legal services in order to stay competitive in these uncertain times. Felicia Meyerowitz-Singh and Sebastian Knudsen explain
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Enhancing wellbeing in law: a bottom line issue
Chetna Bhatt, one of the speakers at our 2019 people in practice conference , considers the link between wellbeing and the bottom line – and why a fresh perspective is needed to make a strong business case for the wellbeing agenda.
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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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Feature
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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Feature
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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Feature
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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Feature
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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Feature
Defying conventional wisdom
Partner Jeremy Holt discusses growing and running a law firm, according to ‘conventional wisdom’.
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Feature
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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Feature
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