Latest features and guidance – Page 3
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Feature
Premium matters – managing your renewal in a tough market
With the October deadline drawing near, Martin MacHale offers tips for those completing last-minute professional indemnity insurance (PII) renewals in a challenging year.
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Feature
Change is the only constant – reimagining your supplier relationships
As flexibility becomes ever more critical to success, Brian Welsh from Insight Legal looks at how relationships are evolving between law firms and suppliers, especially for legal software contracts
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Feature
Coronavirus – 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).
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Feature
Professional indemnity insurance renewal – the top four questions answered
Martin MacHale answers four of law firms’ most commonly-asked questions about their professional indemnity insurance renewal
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Feature
At a premium: insurance renewal trends for 2019 to 2020
The professional indemnity insurance market is changing. Martin MacHale summarises what law firms can expect in the year ahead, including a new focus on cybersecurity measures.
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Feature
No-deal Brexit preparation in Europe
Alex Storer explains how we’ve been protecting the interests of our members working in Europe – and the current situation for UK lawyers in Belgium, France, Germany, Spain and Switzerland.
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Feature
Leaky talent bucket – what causes talent retention problems?
Many law firms, especially small and medium-sized firms are experiencing problems retaining talent. In the second of a two-part series, Rachel Brushfield examines the common causes of talent drain.
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Feature
How to approach insurance renewal – a guide for practice managers
As the October deadline for professional indemnity insurance renewal approaches, Martin MacHale offers a guide on how to make sure your firm is properly supported in case of potential claims – and why you should not leave renewal to the last minute.
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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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Feature
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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Feature
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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Feature
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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Feature
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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Feature
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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Feature
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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Feature
Autumn Budget 2017 - the headlines for law firms
Steve Roberts looks at the top-level developments in November’s Budget for law firms.