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 Finance and risk management in the legal profession
denotes premium content | Sep 8 2010 

Financial measurement

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1.

Tying financial measurement into long-term strategy Free 9 Jan 2008
As financial measurement becomes a far more forward-looking exercise, this guide explains how to analyse financial measurements to create action points for the strategic planning of your business.

 

2.

A collaborative approach to financial measurement This article is for subscribers only 30 Apr 2008
Measuring profit in a legal environment is highly challenging due to the nature of differing and complex transactions, involving costs that can be difficult to quantify. Teamwork, however, particularly where technology and accounting teams work together, can produce real results.


 

3.

Do you measure what matters? This article is for subscribers only 30 Oct 2008
As the credit crunch bites, Peter Scott outlines the importance of financial measurement and reporting, and maintaining profitability and generating stronger cash flow.

 

4.

Thought leader Free 9 Jan 2008
The legal profession has become extremely competitive and is set to become even more so. Both commercial and public-sector clients are far more sophisticated in their approach to commissioning legal work. Many employ in-house teams recruited from practice and procurement managers from industry, and they use beauty parades and tenders. As a consequence, lawyers find themselves squeezed on price but expected to provide high-quality work that add values to the client.

 

5.

Last word: Risky business Free 5 Sep 2008
For many law firms there has rarely been a more challenging time than now, given the current economic outlook and the regulatory changes affecting them. The ‘R’ word is being spoken about again and the credit crunch is having an impact which many firms have not experienced since the early 1990s. This will require those running law firms to be on their mettle as never before.

 
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