Practice Management

There’s more to running a law firm than being good at law. If you want to succeed in today’s tough legal landscape you have to manage your business effectively. That means strategic planning, business planning, financial management, risk management, talent management, operational management, knowledge management, HR, IT, tax, pensions, business development, health & safety, learning & development and facilities.

Who has time to actually practice law?

LexisPSL Practice Management is the essential online toolkit for law firms. Clear, concise practice notes by leading experts spell out exactly what good management looks like. A huge bank of templates, checklists and examples mean you don’t have to reinvent the wheel and our email alerts keep you updated with what’s happening across the legal market.

Practice Management guidance:

The requirements when supervising trainees derive from the SRA Codes of Conduct and the SRA’s specific regulatory requirements for authorised training providers. The...

Practice Note

This Practice Note is intended for law firms. It explains why time recording is so important. It also explores best practice around time recording and considers the...

Practice Note

What are strategic aims A strategic aims document is also sometimes known as a strategic plan. It sets out the firms strategic aims for a defined period, usually anywhere...

Practice Note

This Practice Note covers regulatory requirements relating to fire safety in the workplace. For practical information about managing fire safety in the workplace, see...

Practice Note

This Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes to the core of the contract...

Practice Note

The Law Society's Conveyancing Quality Scheme (CQS) is a quality standard for residential conveyancing practices. According to the Law Society, achievement of membership...

Practice Note

From 6 December 2018, law firms must publish information on their website on the prices they charge and what these cover. This does not apply to all legal services, but...

Practice Note

Admission requirements To be admitted as a solicitor a trainee must: • complete the academic stage, for which the options are: ◦ a qualifying law degree ◦ the Common...

Practice Note

For the purposes of entitlement to a redundancy payment, an employee is dismissed by reason of redundancy if the reason for dismissal is: • the employer ceases carrying...

Practice Note

This BD and marketing plan workflow sets out a staged process which can be followed to formulate a BD and marketing plan and identifies related Precedents which will help...

Practice Note

What's the issue? The Health and Safety Executive (HSE) defines lone workers as people who work by themselves without close or direct supervision. Examples include: •...

Practice Note

This Practice Note provides guidance on: • the basic content of an offer letter • taking up references • keeping in touch before the start date • preparing for their...

Practice Note

This Practice Note considers how you might set about improving your staff's financial awareness so they might be more inclined to, and more skilled at, ensuring you hit...

Practice Note

This Practice Note explains how the conditional fee regime operates after 1 April 2013, including: • what a conditional fee agreement (CFA) is • the regulatory...

Practice Note

The essence of any performance management process is the relationship between employee and manager. Both should know what needs to be done to meet their own goals and...

Practice Note

This Practice Note explains the procedures to be followed when you need to end employment on grounds of ill health. When to end employment on grounds of ill health There...

Practice Note
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