Andy Poole lists nine steps to help law firms control cash flow during the current pandemic
Peter Wright discusses the latest cyber issues for law firms (recorded 3 March 2020)
David Newbury answers the 43 questions that law firms ask about optimising their finances
This section covers succession, specialisation, mergers, selling a law firm, becoming a partner, and business structure
How to set up your firm’s systems to provide the information that enables you to improve profitability and cashflow
How to avoid professional negligence claims, with examples of common problems and suggested solutions. Plus FAQs on PII
This is a new section and only covers SRA Accounts Rules and GDPR at the moment. More articles will follow
How to protect your law firm from cyber attacks. What steps to take if your systems are hacked
How to recruit and retain a team that is both happy and highly effective, dealing with the HR issues along the way
In marketing, like anything, you need to get the basics right. Otherwise the time and money you invest in marketing will be wasted
How to win new clients, make the most of existing relationships, encourage referrals and generate new leads
How to approach creating a law firm website that works, from agreeing your objectives to making sure you get the results you want
Why lawyers need to know about social media, how to make the most of the opportunities and how to avoid potential pitfalls
How to use PR to build your firm’s reputation; and how to create cost-effective advertising – traditional and online – that delivers results
Peter Wright of Digital Law discusses the latest cyber issues for law firms with fellow cyber expert Craig D'Abreo (recorded webinar, March 2020)
Cashflow management will be a major factor in deciding which law firms suffer the most from the economic domino effect of Covid-19. So follow these steps.
While TPMAs are not themselves new, the new SRA rules together with modern technology is transforming their usefulness for law firms
This is the first in a series of “Ten minute briefings”, to share our knowledge around risks in legal practice. It is based on our claims experience here at Travelers over almost 20 years, covering all law firms from sole practitioners to global law firms.
How to get the most benefit from your bank or other lender. What questions to expect, and what information to provide, when seeking finance for your law firm
David Newbury of Lloyds Bank Commercial Banking’s legal sector team answers the most common questions that he is asked by law firms who seek bank finance
Just as law firms use many types of finance, firms also provide lenders with many types of security. Read these FAQs on providing security for borrowing
The most common causes of professional negligence claims against law firms in wills, trusts and probate work and how your firm can control the risks
The most common causes of professional negligence claims against law firms for residential property work and how your firm can control the risks
Company and commercial claims tend to arise when the contract fails to reflect the client’s intentions, or the legal advice is poor
Claims against law firms for commercial litigation work claims usually arise from errors during the day-to-day conduct of the matter
Commercial property claims often stem from defects in leases and assignments, and issues around completion and registration.
James Kerr compares the riskiness of different types of law, ranking them in terms of the cost of claims and the volume of claims that Travelers sees
At a time of unprecedented change and competition, we present a whole host of threats and opportunities that law firms need to be thinking about
Compliance is not something that can just be delegated to the COLP and COFA. The aim must be to create a culture of compliance throughout the firm
LawFirmAmbition's team of veteran advisers to the legal sector share their experience of how to finance, and control the finances of, a law firm
