Practical advice on growing your law firm, from Travelers and other expert suppliers to law firms. Watch this new site grow.

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This section covers succession, specialisation, mergers, selling a law firm, recruitment and talent retention, 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

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

How to set up your firm’s systems to provide the information that enables you to improve profitability and cashflow

Resource topics

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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
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
A quick outline of the main types of financing that law firms can use, and what each type of finance is best suited to
Creating useful law firm management reports - general principles to follow and key information to include
Why utilisation and lock-up matter. Monitoring, targeting and benchmarking utilisation. Strategies and tactics for minimising lock-up
How law firm mergers affect work in progress and short-term costs. The importance of financial modelling in assessing value and ensuring that adequate financing is in place
What to look for when selecting accountants for your law firm – ten key areas to consider