Financial strategy & management

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Practice notes
This Practice Note provides an overview of contract expiry and of the different causes of termination and ways to discharge a contract, including...
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9th Nov
Precedents
1Introductions of those present if necessary. Confirm who is taking notes and that copies of the meeting notes will be made available to the...
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9th Nov
Practice notes
This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
Precedents
[To be typed on headed notepaper of employer][Date]Dear [insert name of employee],Re: [insert name of employer] (the Company)Following our most recent...
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9th Nov
Precedents
[ON HEADED NOTEPAPER OF PARTY A][Insert address of Party B][[Insert address of Guarantor]][Insert date]Dear [name of Party B][ and [name of...
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9th Nov
Practice notes
This Practice Note provides information on formulating a learning and development (L&D) policy. It reviews key issues to consider including:•what is...
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Produced in partnership with Beth Pipe FCIPD of OnLive Learning 12th Jan
Precedents
Date: [insert date]Dear [insert name of employee]Congratulations and thank you for telling me about your pregnancy and the date that your baby is due....
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9th Nov
Precedents
The following pension clauses set out the pensions information to be included in an employment contract, depending on the type of...
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Produced in partnership with Wyn Derbyshire of gunnercooke LLP 12th Jan

Most recent Financial strategy & management content

Practice notes
This Practice Note provides information about how to read and understand the financial accounts of a law firm.Why are financial accounts important?Law...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 15th Jan
Practice notes
This Practice Note looks at some of the most common causes of financial instability in law firms and suggests what needs to be done to ensure problems...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 15th Jan
Practice notes
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...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Practice notes
This Practice Note provides information about different ways of measuring financial performance in a law firm. It also provides guidance on how to...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Practice notes
This Practice Note provides guidance on why a law firm might need finance and the ways in which such finance might reasonably be obtained. It also...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Practice notes
This Practice Note provides an understanding of why management information (MI) is needed and how it should be formatted and distributed to achieve:•a...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Practice notes
This Practice Note provides an understanding of what might cause a law firm to fail and what the bank will be looking for if it is to continue to...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Practice notes
This Practice Note provides guidance on managing financial risk. It reflects the SRA Standards and Regulations 2019 and additional financial...
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Produced in partnership with DG Legal 8th Jan
Practice notes
This Practice Note explains why it is so important to improve the efficiency with which work is done and how this can be achieved without diluting...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Practice notes
Why do law firms need budgets and how might they be structured?Like any other business, a law firm needs some budgets each year so:•it can properly...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Practice notes
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...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Precedents
Please click for an Excel version of this Precedent and an illustrative worked example....
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7th Dec
Precedents
End of month [insert month]Act...
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7th Dec
Precedents
A: Gut feelComments or observationsGut feel income predictionB: TrendsDataYearFee income £% increase on preceding yearAny factors to suggest that %...
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7th Dec
Precedents
Overall billing targetTargetCommentsChargeable hours calculation...
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7th Dec
Precedents
End of month 6Actual monthBudget monthActual YTDBudget YTDAction required following discussion with supervisorHours recorded85100540600Month and year...
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7th Dec
Precedents
A: Gut feelComments or observationsGut feel income predictionEconomy is improving. Prestigious supermarket is opening in our town, reflecting a...
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7th Dec
Precedents
DataSource of dataFigure£Current assetsBalance sheet[insert figure]Current liabilities...
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7th Dec

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