Making it easier to grow your law firm

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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

How to finance your future success

Law firm of tomorrow imageWebinar – 21 September 2023 (9.30-10.30am)

 

How can a law firm optimise its finances to minimise cost while providing the financial flexibility that is required going forwards into the future?

For this session we envisage that the questions might include:

  • What are the main options for financing a law firm?
  • What are the issues when deciding your financing strategy?
  • How does a law firm's structure impact on its ability to raise finance?
  • When does it make sense to seek loans for PII, tax and VAT?
  • How should one use partner loans and other personal finance?
  • What types of litigation situation suits cost account funding?
  • How should one manage the firm's working capital requirements?
  • What is the best way to project manage capital expenditure?
  • Who is best placed to advise your firm on finance?

A panel will take questions from the host and the attendees. Surveys and live polls will ensure that the speakers cover the aspects that the attendees deem most important.

The webinar will provide clear steps towards optimising the finances of your firm.

Host and panel

Our speakers are Becci Wicks, Dave Newberry and Jack Etherton from Lloyds Bank, Ian Johnson from Hazlewoods and Matt Gwynne, who has spent many years with the specialist legal sector lender SpectraLegal.

The webinar will be hosted by Andy Poole, a partner at Armstrong Watson.

 

Registration

Register here: How to finance your future success

Once registered, you will receive a confirmation email containing information about joining the meeting.