Course description
Running a law firm becomes a lot easier once all parts of the firm are maintaining healthy profit margins. However, these better margins are only realised when everyone in the firm improves their working efficiency and exhibits behaviours that are conducive to an effective working environment.
Richard Wyatt presents this comprehensive and informative webinar aimed at compliance officers for finance and administration (COFAs), providing them with invaluable guidance on the improvements that can make a big difference to a firm’s profit margins. It includes a look at what defines good performance, how fee earner productivity influences margin management, how to better understand departmental, client and matter profitability, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Anyone involved with the running of a law firm will find their life is easier if all parts of the firm have healthy profit margins. Better margins are realised when everyone in the firm improves what they are doing and exhibits the right behaviours.
This webinar will provide COFAs with invaluable guidance on the improvements that can make a big difference to your firm’s profit margins.
What You Will Learn
The webinar will cover the following:
- What does poor, average, and good performance look like?
- The importance of fee earner productivity to margin management
- Understanding departmental, client and matter profitability
- Easy margin improvements:
- Fuller and better time records
- Professional firm pricing and fee negotiation
- Marginal efficiency gains on every file
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...