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
One common issue in the management of law firms is that performance falls short of expectations for a period of time, but the firm’s management only finds out when it is too late to make the requisite improvements.