HOW A LAW FIRM MAKES MONEY
How a Law Firm Makes Money is a short, 90 minute live session designed to provide fee earning roles with the commercial context behind their roles, and to understand the importance of foundational behaviours and disciplines around time recording and billing.
Sample content from How a Law Firm Makes Money
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90 minute session for up to 20 fee earners, designed to be able to cover large practice groups and departments effectively, with minimal disruption to fee earning work
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Aide memoire to remind delegates of key financial behaviours after the session and, optionally, a copy of The Legal MBA Essentials book to encourage a broader understanding of commercial concepts
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January, May and September start dates, timed to work around holidays and busy periods such as financial year end
Who is this course for?
Specifically designed for Newly Qualified lawyers and Associates, How a Law Firm Makes Money is appropriate for all fee earners who would benefit from understanding the financial fundamentals of a law firm and improving their commercial confidence.
What problem does it solve?
At an early stage of their careers, and in the absence of the ‘bigger picture’ of how their actions and behaviours contribute to the financial success, poor financial disciplines can become habitual and erode team profitability. Prompt recording of time, issuance of bills and taking ownership of delegated tasks and matters can aggregate up to make a significant positive difference to a firm’s overall financial health.
What are the learning objectives?
Delegates will be able to (1) understand the fundamentals of how a law firm makes money, and (2) recognise how their behaviours and actions can contribute to the financial success of a firm.
What is the output from the course?
After the live session, delegates receive an aide memoire with role appropriate actions to help them contribute to the firm’s financial success.
How does it work?
How a Law Firm Makes Money is delivered via a single 90 minute, remotely delivered session for up to 20 individuals exclusively from your firm. Optionally, delegates can receive a copy of our book, The Legal MBA Essentials. Sessions are available throughout the year in structured terms, starting in January, May and September.
Do you offer How a Law Firm Makes Money to individuals?
This course is only offered to groups of delegates from law firms and we do not offer this course directly to individuals at this time.
How can I find out more?
Further details and pricing is available in our course brochure, which you can request using the form below, or email us and we'd be happy to discuss your requirements.