Legal Futures readers have been offered a 20% discount to Managing Partner’s conference on Driving law firm profitability through financial measurement and reporting. To claim this discount book before 10 December, quoting booking code “LFDP20”.
This one-day conference, on 16 February 2011 in London, focuses on enhancing firm performance through effective decision making powered by intelligence.
You can be sure that, following liberalisation, new entrants to the legal services market will only operate on profitable models, in which the pricing of their work accurately reflects a keen and thorough understanding of the true costs. You can only take on competition like that, and win, if you have equipped yourself with the same powerful knowledge. You have to know where your firm is performing well and where it is not; where to apply your working capital; which clients and markets to target and which to leave alone.
Even if you are not worried about the competition, with venture capitalists being on the look-out for law firms to invest their funds in, it makes sense to know the true value of your practice.
This year, Managing Partner’s “Driving law firm profitability through financial measurement and reporting” conference has been sharpened up and brought to the cutting edge of the financial management of legal practice, to give you the tools you need to monitor and maximise your firm’s profit margins during tougher, more competitive times.
This year’s speaker panel includes five “C” Level law firm executives, who will share with you their clever strategies for tracking their own firms, to demonstrate how they are steering their practices in the right direction through the current economic and structural market change. They will speak alongside widely respected strategic advisers Alan Hodgart and Nick Jarrett-Kerr.
Beyond pure textbook measures and indicators, this conference will also show you how to take the widely used key performance indicators (KPIs) on to the next level and provide you with tips on how to win over your fee-earners and support staff to embed your financial strategy firmly into your firm’s cultural ethos.
Finally, with alternative pricing arrangements currently very much on the agenda for many law firms in 2011, this year’s conference will not only include tips on how to measure the cost of these but will also demonstrate how you can check if your new pricing packages are proving to be successful.
A one-day intensive conference designed to ensure you:
- Compete on price in a deregulated legal services market
- Monitor the overall health of your firm
- Understand how your firm interacts with its clients and markets
- Deliver strong financial performance by influencing employees and the firm’s culture
- Keep your bank happy with effective cash flow management
- Manage working capital across a global network
- Measure the success and cost of alternative fee arrangements
- Take KPIs to the next level: discover new performance and results indicators
‘This conference is a must attend event for law firm Chief Executives, Managing Partners and Finance Directors who will now be under even more pressure than before to measure accurately for robust profitability.’
Tim Nash, Chief Executive, Edwin Coe LLP
For delegate and marketing enquiries please contact:
Tel: +44 (0)20 7549 2535
For more information, click here.
One-day conference only: £745+VAT