In every area of law, finance and management are crucial - even more so with the introduction of Alternative Business Structures.
The starting point in any engagement must be analysis.
We work with a range of firms in a variety of markets, helping them to improve cash flow, maximise profitability and boost revenues. However, the specific requirements of any individual firm practicing the law - finance, business development or management - will always be unique.
Law Firm Management Starts with Analysis
So we always begin with a thorough analysis of the firm’s management information, often supplemented with interviews and questionnaires with the firm’s key people.
From this we can gather a remarkably accurate picture of the firm’s issues and challenges, often in a very short time-frame.
Once the analysis is complete, the next step is diagnosis and recommendation.
For firms facing difficult markets, declining revenues and tighter profit margins, the imperative is to get Back on Track. That means, whatever the specific area of law, finance comes first.
For those firms currently in a strong position vis-à-vis rivals and potential competitors, the question now is how to stay independent and grow from Strength to Strength. For the successful law firm management and business development are key.
If you would like a conversation about how we can help you achieve your own unique objectives, please contact us.