All Leadership and Management articles – Page 20
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NewsThe Law Management Section Financial Benchmarking Survey 2020 report
The results of the Financial Benchmarking Survey 2020 are out.
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FeatureTake on trust
In 2018, Hodge Jones & Allen became the first law firm in England and Wales to transfer its entire business into an employee ownership trust. Patrick Allen looks at how and why they switched, and how to decide if it could work for your firm
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FeatureTuning the pipeline
In the second of a series of articles on management information, John Humpherson and Barry Wilkinson look at how to use it at different stages of your work pipeline, to identify and improve everything from cashflow to time recording
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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
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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
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FeatureIntelligence gathering
Emotional intelligence (EQ) can be a leader’s greatest asset, or if ignored, their greatest risk. Dr Amanda Potter looks at why EQ matters in the workplace, and how you can develop yours
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FeatureLiverpool empire
Fresh from a team and individual win at the 2019 Excellence Awards, Alison Lobb, managing partner of Morecrofts in Liverpool, talks to Duncan Wood about connecting with local businesses, developing talent and promoting diversity
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FeatureA world of difference
Diversity in law firms – in terms of not only protected characteristics, but also experiences, attitudes and ways of thinking – can bring benefits in everything from financial performance to employee engagement. Lucy Trevelyan investigates.
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OpinionChanging times
Ann Harrison considers the future for legal businesses after coronavirus, and if it could lead to positive change
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FeatureShuffle the cards
Exchanging business cards at networking events is part of most law firms’ business development activity. Bob Spence looks at why this may not be the best use of time, and how else you can build your network and win new business
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FeatureBring out the best
‘Bring your own device’ policies can bring real benefits, from increased productivity to costs savings. But there are also risks – and since employees always find ways to make their lives easier, you’re probably already at risk without knowing it. Jo-Anne Wild provides a simple guide for law firms
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FeatureThe eye of the beholder
You may think you can change your brand by changing your logo, but brand is far more about how clients and staff – both current and potential – perceive you. Ben Trott looks at how to understand and influence your firm’s brand
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NewsCOVID-19 legal relief initiative
In response to the coronavirus (COVID-19) situation, Law Society partner Clio has launched a $1million USD legal relief initiative.
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NewsIR35 changes delayed to 2021
Following a review of its plans in January 2020, HM Revenue and Customs (HMRC) has confirmed that changes to off-payroll working rules known as IR35 in the private sector will go ahead.
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NewsClosure of the Solicitors’ Indemnity Fund
The Solicitors’ Indemnity Fund will close on 30 September 2020. This may leave former principles of law firms liable for future claims. Make sure you’re prepared.
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NewsIR35 change: rules to apply only to services provided after 6 April
HM Revenue & Customs has announced an amendment to its changes to IR35, the off-payroll working rules: instead of applying to all payments made after 6 April 2020, the changes will only apply to payments made for services delivered after 6 April 2020
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NewsLaw Society responds to independent review of legal services regulation
We have responded to Stephen Mayson’s interim report, expressing our concerns that the proposals would lead to a less coherent alternative to the existing regime
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NewsWhat you need to know about AMLD5
The EU’s 5th Money Laundering Directive (AMLD5) came into force on 10 January 2020. The Legal Sector Affinity Group (LSAG), which includes the Law Society and all the legal sector supervisors named in the anti-money laundering regulations, has published a summary of changes brought in by AMLD5
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NewsGovernment reviewing IR35 changes
In April, changes are due to come into force relating to the payment of contractors and other off-payroll workers. On 7 January 2020, the government announced that it will be reviewing the process for the implementation of the changes