Making it easier to grow your law firm

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Strategy

This section covers succession, specialisation, mergers, selling a law firm, becoming a partner, and business structure

Finance and accounting

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

Avoiding claims. Insurance

How to avoid professional negligence claims, with examples of common problems and suggested solutions. Plus FAQs on PII

Compliance

This section only covers SRA Accounts Rules and GDPR at the moment. Compliance for start-ups is covered in the Starting up section.

Cyber security

How to protect your law firm from cyber attacks. What steps to take if your systems are hacked

Managing people

How to recruit and retain a team that is both happy and highly effective, dealing with the HR issues along the way

Marketing basics

In marketing, like anything, you need to get the basics right. Otherwise the time and money you invest in marketing will be wasted

Winning more clients

How to win new clients, make the most of existing relationships, encourage referrals and generate new leads

Your website

How to approach creating a law firm website that works, from agreeing your objectives to making sure you get the results you want

Social media

Why lawyers need to know about social media, how to make the most of the opportunities and how to avoid potential pitfalls

PR and advertising

How to use PR to build your firm’s reputation; and how to create cost-effective advertising – traditional and online – that delivers results

Starting up

How to plan and execute the process of starting up a new legal practice that is compliant and financially healthy

What is my law firm worth now and in the future?

Law firm of tomorrow image

 

Webinar – Thursday, 17 November 2022

 

What creates value in a law firm, going forwards into the future?

For this session on valuations, we envisage that the questions might include:

  • what are the three normal methods of valuing a law firm?
  • how are the 'multiples' used in valuations changing?
  • what about firms that have ceased trading?
  • why is a firm such as Ellis Whittam so valuable?
  • which areas of law are seen as more valuable, why?
  • how are the consolidators affecting valuations?
  • how is the consultancy/platform model affecting valuations?
  • what do typical deal structures look like?

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 making your own firm more valuable in the future.

Registration

Register here: What is my law firm worth now and in the future?.

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