February 2015

Managing for Success magazine cover February 2015

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Ian Muirhead

Staking a claim

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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

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New year, new challenges

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Section chair Robert Banner looks at the changes in the market, and the plans for the Section, in the year ahead

Features

Sue Bramall

Your heart’s content

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Gone are the days when the extent of a law firm’s content was contributions to academic journals and books. Good quality articles and multimedia content are now an essential business development tool. Sue Bramall explains

Richard Kerr

Software and tear

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Major IT change projects are notoriously prone to failure, leaving a business out of pocket and without the changes it needed to compete effectively. Richard Kerr presents a six-step process to avoid some of the common pitfalls

Harry Capewell

Helping hand

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Some firms may think they are too small to outsource their back-office or administrative functions, but they may be missing out on some real business benefits. Harry Capewell and Neil Sharples explain how to avoid the pitfalls and make it work for you

Shape-of-things

The shape of things

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Law firm partnership structures have been under scrutiny in recent years, with some predicting their death knell. Aster Crawshaw looks at their role now, and how to choose between structural options to ensure the best result for your business

David Yeoward

Easy does it

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Business development is a challenge for all law firms, but perhaps especially for the smaller firm. But, David Yeoward insists, it is not rocket science; just five simple steps will ensure you get it right for your business and your clients

Listen up

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In the second of an occasional series on the business benefits of effective compliance, Tracey Calvert looks at how good complaints-handling can help you make continuous improvements to your business, and how you can achieve this in practice

In the know

In the know

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Hélène Russell presents a beginner’s guide to knowledge management in law firms – what it is, how it can benefit your business, and how to get it right for your firm

Andy Harris

Hope springs

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The Law Management Section’s 2015 Financial Benchmarking Survey has just been published, and for the first time in many years, the results all suggest positive change in the market. Andy Harris from Hazlewoods introduces the results of the survey

Barry Wilkinson

Is less more?

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The buoyant mood in the legal sector masks a new potential risk for firms: overtrading. Barry Wilkinson explains what it is, why it happens, and why it could spell real problems for law firms in 2015

Nicola Jones

Train of thought

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In the second of her series on legal education, training and development, Nicola Jones looks at how new routes to legal qualification are opening up opportunities for both firms and aspiring lawyers

Under cover

Under cover

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After a year when much-heralded proposals to reform the professional indemnity insurance market flared briefly before being snuffed out, will 2015 see any significant changes in the renewal process? Grania Langdon-Down reports

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