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
An experienced legal finance specialist and formerly Finance Director at three SME law firms, Richard joined Baskerville Drummond in 2019. He has helped grow the consultancy to be one of the leading providers of independent strategic advice to UK law firms.
Richard has assisted many firms in undertaking strategic reviews and partner strategy days, partner reward schemes, staff bonus schemes and producing simplified and more useful Management Information packs. In addition, he has seen firms through LLP conversion and mergers, both as the senior and junior partner. He is also a retained part-time and/or Virtual Finance Director for law firms.
Richard is particularly known for his ability to explain complex financial issues to non-finance people and his approachable and engaging style.
Website: Baskerville Drummond
Twitter: @BDC_LegalIT
LinkedIn: linkedin.com/in/richardewyatt/