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
Paul is the Managing Director of Gemstone Legal, which provides three services to legal practices and other legal sector service providers: Lexcel assessments/consultancy, advice on banking and finance, and management consultancy.
As an approved Lexcel assessor, he helps law firms develop a robust risk framework in line with the Lexcel Standard, which encourages operational excellence.
Paul advises law firms on the most appropriate structures for client money and also debt financing, maximising income while minimising risk through a deep knowledge of the client money Accounts Rules.
As a management consultant, he helps clients to develop a business development proposition that contributes to the strategic imperatives of the business, acting as an enabler for business growth.
Prior to Gemstone, Paul was UK Head of Professional Practices, SME Banking at Lloyds Bank.