Andy Poole lists ten steps to help law firms control cash flow and boost their bank balances
The complete list of articles, blogs, checklists and FAQs available on Law Firm Ambition
Read what happens when a law firm is successfully attacked, from the moment of discovery to reaching a resolution
This section covers succession, specialisation, mergers, selling a law firm, becoming a partner, and business structure
How to plan and execute the process of starting up a new legal practice that is compliant and financially healthy
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 section only covers SRA Accounts Rules and GDPR at the moment. Compliance for start-ups is covered in the Starting up...
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
The most common mistakes that law firms make when preparing draft financial information for their accountants to use for producing the annual accounts and tax computations
(Video) Paul Smith of Travelers reviews Q3 from a risk and claims perspective, explaining the causes of the claims and the solutions that firms can put in place.
(Video) Andy Poole reflects on what he saw in Q3 and the changes happening in the legal sector going forwards
The most common breaches of the SRA Accounts Rules and the steps to take avoid these breaches
An increasing number of law firms have converted to the ABS, for the flexibility is offers going forwards. So what are the main pros and cons of an ABS and what is involved in setting one up?
Like a case study, this article gives us an illustration of what happens when a law firm is successfully attacked. It is told in the voice of an imaginary law firm’s managing partner.
10 steps, that a non-expert can understand, to make your law firm safer from a cyber attack. These are simple precautions that any law firm can put in place.
(Video) Paul Smith of Travelers reviews the trends in the claims that are being made against law firms over the last few years and just as importantly, explains the reasons behind the claims, to help you prevent them. Also here are three ten-minute videos that go into risk (including dishonesty risk) in more depth.
(Video archive) Andy Poole, Jenny Staight, Alex Holt and Andy Harris reflect on what they've seen quarterly over the last two years and the changes happening in the legal sector going forward
A 12-month loan can make the payments for PI insurance and tax much easier to accommodate, as explained here
Law firms outsource more and more activities to specialist suppliers. The potential advantages are huge, but what are the pitfalls and how can you avoid them?
Tips for managing employees who are working from home, from establishing communication protocols to setting expectations
Cash flow management is a vital part of running any law firm. In this comprehensive ten-section article, Andy Poole explains how to optimise the various elements that together dictate whether your firm is a cash generator or a firm that needs financial support.
Our 26-point checklist of the key steps for building a thriving, happy, resilient, cash-rich law firm
How law firms are using readily available technology to transform how they manage the pricing and profitability of matters
Key issues to consider before selling your law firm