Practical costs management in your profitable practice

  • 9 ratings, 385 users enrolled

Course Overview

This course, delivered by experienced lecturer Sue Edwards will discuss the post-Jackson concerns that practitioners face such as the downturn in legal aid, challenges to personal injury funding, the rise of the ABS and competition in general, and will offer useful insights and practical guidance on how viewers can meet these issues head.

During this course consideration will be given to the way in which practitioners can analyse their profitability, how to challenge the concept upon which computerised figures are based and how to identify hidden costs.

In addition, Sue will provide viewers with useful hints and tips on the practical ways in which you can ensure your firm’s survival, and hopefully increased profitability, through the successful costs management.

What are the requirements?

  • Watch 1 hour recorded webinar
  • This course provides one CPD point

Learning Outcomes

  • On completion of this course you will:

    • Be familiar with the post-Jackson issues facing practitioners and the impact which these have had on the profession including
    • Be able to assess whether you are currently working profitably
    • Understand how taking small steps can result in big money savings
    • Have considered a variety of steps which you can undertake to manage costs in your practice
    • Understand what steps you can take to manage costs within your practice - For example 
      • the estimation of costs at the outset of a case
      • regular checks and monitoring
      • introducing fixed fees/costs where appropriate

What is the target audience?

  • This course will be of interest to practice managers, partners and employees who would like to understand how to ensure the financially stability of your firm through effective costs management.

Keywords

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About Instructor - Sue Edwards

Susan Edwards is a solicitor and entrepreneur who founded Law Hound Ltd, an online organisation which has taken a fresh approach to supplying law and compliance training in a no-nonsense and commercial way.

Course Curriculum

recorded webinars

  • Webinar
    01:01:01

Documentation

  • Notes
    4 Page
  • Evaluation
    1 Page

reviews

  • Price
  • £ 80