We have written extensively in recent years about the changes in the market and the impact these have had, and will continue to have, on the business operations of UK law firms.
As we approach the festive season it is timely to reconsider one of the most deeply entrenched and unique features of the financial management of law firms – the year-end billing push.
There has historically been an acceptance throughout the professions, and in law firms in particular, that write-offs are simply an inevitable cost of doing business.
The recent PWC Law Firms’ Survey 2014 headlines highlight a set of trends that herald a return to the ‘good times’ in the legal market.
As we have argued in this article, the market segmentation described by Alan Hodgart is likely to lead many mid-market fi
Having last month reviewed our 2011 report Beyond ABS: The Future for Independent Law Firms, we now turn to a recent report