Finance

Articles

Competitor collective: How law firms can collaborate to obtain supplier discounts

David Copping discusses the ways in which law firms can collaborate to obtain discounts on products and services from suppliers

Fly on the wall: What PE investors look for in law firms

A firm's approach to key account management can be critical in determining whether it will obtain external investment, reveals Meirion Jones

Funding minefield: How to utilise third-party litigation funding

Paul Brehony, a partner at Stewarts Law, discusses how to negotiate the minefield of third-party funding

Resourcing strategy

A resource-based view should be taken when developing firm strategy, suggests Andrew Hedley  

Working treasures: How to unlock hidden work-in-progress value

An audit can unlock hidden work-in-progress value in personal injury cases, suggest Zoe Holland and Lesley Graves

Driving profitability: How to solve your firm's profitability problems

Shrutisha Morris, financial controller at Weightmans, discusses how to improve firmwide profitability

Balancing bills: How vendor e-billing can increase efficiencies

Hal M. Stewart, chief operating officer at Chadbourne & Parke, discusses how vendor e-billing can help law firms to reduce costs and improve operations

Focus on collections to increase financial health and reduce risks

By Thomas Berman, Principal, Berman & Associates