Objectives

The trainer, Andy Poole, presented a day on finance at the Law South Conference 2021 where the delegates rated him very highly. New partners will find this half day session a valuable refresher which is also informative. This half day training is part of the Responsibility of Partnership programme which continues with two days of training on 19th and 20th October 2023.

Objectives:

  • To gain a greater understanding of financial issues in law firms
  • Understand the need to operate in a financially savvy manner
  • Become more confident in dealing with financial matters with clients
  • Increase the cash flow and profitability

Content

Content:

  • Financial stability indicators
  • Key performance indicators
  • Benchmarking law firm performance
  • Maximising profit
  • Maximising cashflow
  • Financial reporting
  • Financial forecasting
  • The work flow cycle
  • Risk management
  • Reducing lock up
  • Log jams
  • Time recording
  • Process
  • Pricing

How To Book

Please contact your Learning & Development Manager if you are interested in this course.