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NewsBuy your copy of the Financial Benchmarking Survey 2016
Widely regarded as the leading annual health check for mid-sized firms, the LMS Financial Benchmarking Survey’s 16th year brings together the results of 200 firms to provide a comprehensive analysis of their comparable financial health.
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FeatureGrowing your bottom line in 2016: Is LinkedIn worth YOUR time? Part 2
In part 2 of their guide to using LinkedIn as a business tool, Emily Miller and Susan Kench explain how to build and engage with your network
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FeatureHow to attract and retain the best talent for your firm
Deborah Gray explains where firms go wrong in recruitment and provides a taster of her session at the LMS HR forum on 16 March
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AnalysisSuh v Mace (UK) Ltd [2016] EWCA Civ 4
Court of Appeal rules that litigants in persons can benefit from ‘without prejudice’ rule without knowing what it means
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FeatureKerry Underwood: making fixed fees work
Kerry Underwood gives some practical and frank advice on how to survive in the new world of fixed recoverable costs. At the right price, can they actually reward solicitors?
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AnalysisSugar Hut Group Ltd v AJ Insurance Service [2016] EWCA Civ 46
What are the costs consequences following the making of part 36 offers? The Court of Appeal overturns a decision on costs and confirms there is no ’near miss’ rule for part 36 offers
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FeatureThe firm that is making DBAs a success
The legal profession has, for the most part, given damages-based agreements a wide berth since their inception in 2013. Richard Spector explains how ELS Legal is going against the grain by making them an attractive and successful funding option for his firm and clients alike
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AnalysisLord Lucan is officially dead
Lesley King rounds up the latest talking points in private client law, including Lord Lucan’s officially declared dead after over 40 years, and a High Court ruling that the lack of a personal representative does not allow a beneficiary to bring an action to protect assets on behalf of an ...
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FeatureHow do you do?
The Law Management Section’s 2016 Financial Benchmarking Survey suggests a generally positive outlook, but, warns Andy Harris, some firms may be slipping back into bad habits
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FeatureFull steam ahead
A new Law Society report predicts what the future might look like for the legal sector. Three members of the Law Management Section committee outline their own approaches to future-proofing your firm in an uncertain market
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FeatureMuch obliged
Outcomes-focused regulation was intended to offer firms greater flexibility, but many now cite compliance obligations as a significant burden. Leading commentators and practitioners talk to Lucy Trevelyan about trends in regulation, and offer their top tips for effective compliance.
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FeatureAll the answers
Tom Wagstaff talks about the story behind his firm’s award-winning knowledge management system and shares his top 10 tips for delivering a successful knowledge management project
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FeatureCome back fighting
Five years ago, ELS Legal was hit by scandal: one of its partners had defrauded a client of millions of pounds. Partner Richard Spector talks to Duncan Wood about the firm’s comeback, and how it has innovated to succeed.
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FeatureA flying start
What are your new year’s resolutions for your business in 2016? Top of the list should be analysing and managing profitability, according to John Playfair . He provides his top five tips for improving law firm profits, to ensure you realise your full potential
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FeatureThe generation game
Today’s law firms have up to five different generations in their workplace, each with its own values, motivations, needs and wants. And traditional law firm management needs to change to accommodate a multigenerational workforce, says Rachel Brushfield
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FeatureFirst impression
What does it take to manage a small firm successfully? Sally Azarmi, the new chair of the small firms committee, looks at how the Small Firms Division supported its members in its first year, and outlines its plans for 2016.
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FeatureFund of information
Lending to law firms has changed significantly in recent years, from the old traditional funding market, to a ‘new norm’ with a more sophisticated range of products to suit different parts of the sector. Barry Wilkinson investigates.
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FeatureConversion rate
Do you know which of your firm’s business development activities translate into the most high quality enquiries? How well do you convert those enquiries into instructions? Sue Bramall provides a beginner’s guide to maximising conversion