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How To Improve Your Law Firm’s Profit Margins - A Guide For COFAs - Webinar

Length
1.3 hours
Next course start
Available On-Demand See details
Course delivery
Self-Paced Online
Length
1.3 hours
Next course start
Available On-Demand See details
Course delivery
Self-Paced Online

Course description

Running a law firm becomes a lot easier once all parts of the firm are maintaining healthy profit margins. However, these better margins are only realised when everyone in the firm improves their working efficiency and exhibits behaviours that are conducive to an effective working environment.

Richard Wyatt presents this comprehensive and informative webinar aimed at compliance officers for finance and administration (COFAs), providing them with invaluable guidance on the improvements that can make a big difference to a firm’s profit margins. It includes a look at what defines good performance, how fee earner productivity influences margin management, how to better understand departmental, client and matter profitability, and more.

Upcoming start dates

1 start date available

Available On-Demand

  • Self-Paced Online
  • Online
  • English

Outcome / Qualification etc.

Following all MBL courses, a certificate of attendance will be provided for those who are required to evidence their CPD activity to a professional body.

Training Course Content

Introduction

Anyone involved with the running of a law firm will find their life is easier if all parts of the firm have healthy profit margins. Better margins are realised when everyone in the firm improves what they are doing and exhibits the right behaviours.

This webinar will provide COFAs with invaluable guidance on the improvements that can make a big difference to your firm’s profit margins.

What You Will Learn

The webinar will cover the following:

  • What does poor, average, and good performance look like?
  • The importance of fee earner productivity to margin management
  • Understanding departmental, client and matter profitability
  • Easy margin improvements:
    • Fuller and better time records
    • Professional firm pricing and fee negotiation
    • Marginal efficiency gains on every file

Expenses

From £99
MBL Seminars Limited
C/o Law Business Research
Holborn Gate, 330 High Holborn
WC1V 7QT London

MBL Seminars Limited

With over 1,000 expert speakers covering more than 3,360 different topics, our course portfolio is vast and can be delivered either online or in-person. With over 450 years of collective professional development experience, we are proud to be trusted to...

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