Good Financial Management

Essential guidance on how to improve the financial management of your law firm

  • 1 ratings, 108 users enrolled

Course Overview

When asked ‘why are we here’, many will answer ‘to help people’. Many others will intone that ‘we are in it for the money’. They are both right, of course.

But how do we balance the competing interests of making a buck and being there when we are needed. This is the prompt behind the SRA’s transparency initiative, and the general groundswell of initiatives aimed at encouraging lawyers to become more open and welcoming.

This webinar will discuss the rules surrounding conversations on price and some thoughts as to how we might become more profitable at the same time.

During this 1-hour session, compliance consultant and lecturer Trevor Hellawell will consider the following:
  •  Basic accounting information
  •  Charging strategies
  •  How can we add more value?
  •  5% at the top means 25% on the bottom line
  •  Billing strategies – tools and tricks to encourage faster payment
  •  Transparency
  •  Other initiatives to make us more attractive

What are the requirements?

  • Watch the recorded webinar and review the supporting documentation

Learning Outcomes

  • On completion of this course you will:
  • • Have a greater understanding of the billing strategies which law firms can employ and the impact which these will have on your top and bottom line
  • • Understand the concept and importance of transparency in the legal sector
  • • Have received guidance on how to make your firm appear more attractive to clients

What is the target audience?

  • This course is suitable for practitioners of all levels including paralegals, fee earners, trainees and experienced solicitors

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About Instructor - Trevor Hellawell

Trevor is a solicitor and legal training and management consultant; Until going freelance in 1999 Trevor was a full time lecturer with the University of Law, ending his career as a Principal Lecturer at the York Branch. Until recently he was Head of Law Programmes at BPP. Throughout his career, he has lectured extensively on Professional Conduct, Management skills such as Client Care, Time Management and Appraisals, Financial Services matters, including Money Laundering, as well as mainstream academic law subjects.

Course Curriculum

Recorded Webinars

  • Webinar
    00:53:21

Supporting Documentation

  • Slides
    35 Page
  • Case Studies
    3 Page

reviews

  • Presenter has good style and manner
    3 weeks ago