menu-search
LEXISNEXIS_ICON4_SIGNINSign-in LEXISNEXIS_ICONS_SUPPORTHelp

Financial strategy & management

View Practice Management by content type:

News
Practice notes
Precedents
Q&As

Latest Practice Management News

Reducing the risk of COVID-19 spreading in the workplace: a practical guide for employers

Reducing the risk of COVID-19 spreading in the workplace: a practical guide for employers

The following Employment news provides comprehensive and up to date legal information on Reducing the risk of COVID-19 spreading in the workplace: a practical guide for employers

A review of the position six months on from the Supreme Court’s decision in the FCA Business Interruption Insurance Test Case (FCA v Arch)

A review of the position six months on from the Supreme Court’s decision in the FCA Business Interruption Insurance Test Case (FCA v Arch)

The following Commercial news provides comprehensive and up to date legal information on A review of the position six months on from the Supreme Court’s decision in the FCA Business Interruption Insurance Test Case (FCA v Arch)

A brave new world for employers? — living with COVID–19 after Freedom Day (UK)

A brave new world for employers? — living with COVID–19 after Freedom Day (UK)

The following Employment news provides comprehensive and up to date legal information on A brave new world for employers? — living with COVID–19 after Freedom Day (UK)

What are the implications of the end of the ‘grace period’? (UPDATED 6 July 2021)

What are the implications of the end of the ‘grace period’? (UPDATED 6 July 2021)

The following Employment news provides comprehensive and up to date legal information on What are the implications of the end of the ‘grace period’? (UPDATED 6 July 2021)

Featured Practice Management content

Repudiation

Repudiation

RepudiationThis Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes...

The National Employment Savings Trust (NEST) and NEST Corporation—the legal basis and structure

The National Employment Savings Trust (NEST) and NEST Corporation—the legal basis and structure

The National Employment Savings Trust (NEST) and NEST Corporation—the legal basis and structureIn this Practice Note, references to the National...

Equitable remedies in contractual disputes

Equitable remedies in contractual disputes

Equitable remedies in contractual disputesWhile the primary remedy for contractual breach is that of damages (see Practice Note: Contractual...

How is the National Employment Savings Trust (NEST) different from a typical occupational pension scheme?

How is the National Employment Savings Trust (NEST) different from a typical occupational pension scheme?

How is the National Employment Savings Trust (NEST) different from a typical occupational pension scheme?In this Practice Note, references to the...

Practice notes

Lexcel—assessment

Lexcel—assessmentLexcel is the Law Society's practice management standard. It is not compulsory although Lexcel accreditation can be helpful for firms...
Read More >
19th May
Practice notes

Contract variation

Contract variationThis Practice Note summarises the law, guidance and practice relating to the variation of contracts and deeds. It explains how a...
Read More >
19th May
tag iconIn-house
Practice notes

Checklist—immigration-related requirements on a TUPE transfer

This Checklist gives an overview of the immigration matters that should be considered on a relevant transfer under the Transfer of...
Read More >
Produced in partnership with Jennifer Featherstone of Shoosmiths 19th May
Practice notes

What is diversity and inclusion (D&I)—law firms

What is diversity and inclusion (D&I)—law firmsThis Practice Note provides a high-level introduction to diversity and inclusion (D&I) and key reasons...
Read More >
Produced in partnership with Rachel Brushfield of EnergiseLegal 19th May
Practice notes

Brexit—exiting the EU under Article 50 [Archived]

Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...
Read More >
Produced in partnership with Adam Cygan of University of Leicester 19th May
tag iconBrexit
Practice notes

Termination and expiry of contracts

Termination and expiry of contractsThis Practice Note provides an overview of contract expiry and of the different causes of termination and ways to...
Read More >
19th May
tag iconCOVID-19 tag iconIn-house
Practice notes

Supervision of trainees

Supervision of traineesThe requirements when supervising trainees derive from the SRA Codes of Conduct and the SRA’s specific regulatory requirements...
Read More >
19th May
Precedents

Letter of variation

[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...
Read More >
19th May
tag iconIn-house
Practice notes

Brexit legislation tracker

Brexit legislation trackerThis Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the...
Read More >
19th May
tag iconBrexit
Practice notes

Tailoring a shelf company

Tailoring a shelf companyA person wishing to set up a new company has the following options:•they can incorporate a new company in accordance with the...
Read More >
19th May
Practice notes

Time off work for antenatal appointments

Time off work for antenatal appointmentsAn employer or, where applicable, a temporary work agency or hirer, cannot unreasonably refuse to allow a...
Read More >
19th May
Practice notes

Affirmation

AffirmationAffirmation is an indication of the intention to continue with a contract. Affirmation may arise in the case of:•a repudiatory breach of...
Read More >
19th May
Practice notes

Introduction to retained EU law

Introduction to retained EU lawThis Practice Note provides an introduction to retained EU law. It provides an overview of the key definitions and...
Read More >
Produced in partnership with Dr. Kieran Laird of Gowling WLG 19th May
tag iconBrexit
Precedents

Draft outline script for disciplinary hearing (misconduct)

1Introductions of those present if necessary. Confirm who is taking notes and that copies of the meeting notes will be made available to the...
Read More >
19th May
Practice notes

Working with European lawyers—the Registered European Lawyer (REL) regime

Working with European lawyers—the Registered European Lawyer (REL) regimeAt 11 pm (GMT) on 31 December 2020, the Brexit transition/implementation...
Read More >
19th May
tag iconBrexit
Precedents

Variation agreement

This Agreement is made on [date]Parties1[insert name of party] [of OR a company incorporated in [England and Wales] under number [insert registered...
Read More >
19th May
tag iconIn-house

Most recent Financial strategy & management content

Practice notes

Cash flow and bank financing

Cash flow and bank financingThis Practice Note provides an understanding of what might cause a law firm to fail and what the bank will be looking for...
Read More >
Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 6th Jul
Precedents

Minutes of meeting with fee earner about management information—blank

Minutes of meeting with fee earner about management information—blankEnd of month 6Actual monthBudget monthActual...
Read More >
5th Jun
Precedents

Allocating billing or chargeable hours targets tool—blank

Allocating billing or chargeable hours targets tool—blankOverall billing targetTargetCommentsChargeable hours calculationFee earner[insert fee...
Read More >
5th Jun
Precedents

Stress testing financial performance tool

Stress testing financial performance toolPlease click for an Excel version of this Precedent and an illustrative worked example.Basic P&L...
Read More >
5th Jun
Precedents

Financial awareness development plan for fee earners

Financial awareness development plan for fee earnersTraineesDevelopment toolTrainee nameDate completedProfessional Skills Course (PSC)—Financial and...
Read More >
5th Jun
Precedents

Benchmarking financial performance

Benchmarking financial performance

Please click for an Excel version of this

Read More >
5th Jun
Precedents

Simple team or fee earner management information—blank

Simple team or fee earner management information—blankEnd of month [insert month]Actual monthBudget monthActual...
Read More >
5th Jun
Precedents

Key steps to assess the financial performance of your firm—flowchart

Key steps to assess the financial performance of your firm—flowchartThis flowchart illustrates the three key steps to be taken to assess the financial...
Read More >
5th Jun
Precedents

Analysing fee income, fee—earning capacity and fees per fee earner—worked example

Analysing fee income, fee—earning capacity and fees per fee earner—worked exampleThere is little point in collecting data on a firm's financial...
Read More >
5th Jun
Precedents

Cash and profitability ratio calculations—blank

Cash and profitability ratio calculations—blankDate of calculations: [insert date of calculations]Current ratioFormulaCalculationResultResult from...
Read More >
5th Jun
Precedents

Raw data capture sheet for financial calculations—blank

Raw data capture sheet for financial calculations—blankDataSource of dataFigure£Current assetsBalance sheet[insert figure]Current liabilitiesBalance...
Read More >
5th Jun
Precedents

Fee income monitoring

Fee income monitoringMonthly fee income generated in [insert year]Fee income generated this month% movement versus previous monthFee income generated...
Read More >
5th Jun
Precedents

Maintaining cash levels—self assessment

Maintaining cash levels—self assessmentQuestionYes/NoHave you identified the amount of capital the business will need over the next five years?Have...
Read More >
5th Jun
Precedents

Fee income prediction tool—blank

Fee income prediction tool—blankA: Gut feelComments or observationsGut feel income predictionB: TrendsDataYearFee income £% increase on preceding...
Read More >
5th Jun
Precedents

Cash and profitability ratio calculations—worked example

Cash and profitability ratio calculations—worked exampleCash and profitability ratio calculations—Current ratioFormulaCalculationResultResult from...
Read More >
5th Jun
Precedents

Analysing fee income, fee—earning capacity and fees per fee earner—blank

Analysing fee income, fee—earning capacity and fees per fee earner—blankThere is little point in collecting data on a firm's financial performance if...
Read More >
5th Jun
Precedents

Minutes of meeting with fee earner about management information—worked example

Minutes of meeting with fee earner about management information—worked exampleEnd of month 6Actual monthBudget monthActual YTDBudget YTDAction...
Read More >
5th Jun
Precedents

Preparing a cash flow statement for bank finance: cheat sheet

Preparing a cash flow statement for bank finance: cheat sheetPreparing a cash flow statement:Yes/NoDo not use accruals accounting in the cash flow...
Read More >
5th Jun
Precedents

Time recording FAQs

Time recording FAQsFAQsThese FAQs supplement our Time recording policy, which can be found [in our office manual OR on our intranet].What is...
Read More >
5th Jun
Precedents

Simple team or fee earner management information—worked example

Simple team or fee earner management information—worked exampleEnd of month [insert month]Actual monthBudget monthActual YTDBudget YTDChargeable hours...
Read More >
5th Jun

Popular documents

Parent company guarantees (PCGs) in construction

Parent company guarantees (PCGs) in construction

Parent company guarantees (PCGs) in constructionIn the construction industry, parent company guarantees (PCGs) are commonly given to the employer by the main contractor’s holding company to guarantee the performance of the contract by the subsidiary main contractor. This is a requirement in almost

SRA Code of Conduct for individuals and firms

SRA Code of Conduct for individuals and firms

SRA Code of Conduct for individuals and firmsThis Practice Note provides guidance on the SRA Codes of Conduct, contained in the SRA Standards and Regulations, in force from 25 November 2019. The SRA Standards and Regulations include two Codes of Conduct—a Code forSolicitors, RELs and RFLs and a Code

Discharge by frustration

Discharge by frustration

Discharge by frustrationCoronavirus (COVID-19): In addition to the below content on force majeure generally, see also:•Coronavirus (COVID-19) toolkit—Contracts•Coronavirus (COVID-19) and contractual obligations—checklisttogether with the Q&A (in the related content pod on the right hand side) for

Deed of surrender

Deed of surrender

DateD [date]Parties1[name of Landlord] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Landlord)2[name of Tenant] [of OR incorporated in England and Wales with company registration number [number] whose registered office