Improving financial performance

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Most recent Improving financial performance content

Precedents
Minutes of meeting with fee earner about management information—blankEnd of month 6Actual monthBudget monthActual...
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5th Jun
Precedents
Allocating billing or chargeable hours targets tool—blankOverall billing targetTargetCommentsChargeable hours calculationFee earner[insert fee...
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5th Jun
Precedents
Financial awareness development plan for fee earnersTraineesDevelopment toolTrainee nameDate completedProfessional Skills Course (PSC)—Financial and...
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5th Jun
Precedents
Simple team or fee earner management information—blankEnd of month [insert month]Actual monthBudget monthActual...
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5th Jun
Precedents
Fee income prediction tool—blankA: Gut feelComments or observationsGut feel income predictionB: TrendsDataYearFee income £% increase on preceding...
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5th Jun
Precedents
Minutes of meeting with fee earner about management information—worked exampleEnd of month 6Actual monthBudget monthActual YTDBudget YTDAction...
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5th Jun
Precedents
Time recording FAQsFAQsThese FAQs supplement our Time recording policy, which can be found [in our office manual OR on our intranet].What is...
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5th Jun
Precedents
Simple team or fee earner management information—worked exampleEnd of month [insert month]Actual monthBudget monthActual YTDBudget YTDChargeable hours...
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5th Jun
Practice notes
Delivering client services more efficientlyThis Practice Note explains why it is so important to improve the efficiency with which work is done and...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 5th Jun
Practice notes
Predicting fee income and expenditureWhy do law firms need budgets and how might they be structured?Like any other business, a law firm needs some...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 5th Jun
Practice notes
Raising the financial awareness of your staffThis Practice Note considers how you might set about improving your staff's financial awareness so they...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 5th Jun
Practice notes
The importance of good management informationThis Practice Note provides an understanding of why management information (MI) is needed and how it...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 5th Jun
Precedents
Fee income prediction tool—worked exampleA: Gut feelComments or observationsGut feel income predictionEconomy is improving. Prestigious supermarket is...
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5th Jun
Practice notes
The importance of good time recordingThis Practice Note is intended for law firms. It explains why time recording is so important. It also explores...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 5th Jun
Precedents
Time recording policyTime recording policy1Introduction1.1Accurate time recording allows the firm to understand the true cost of services we provide...
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5th Jun
Precedents
Allocating billing or chargeable hours targets tool—worked exampleOverall billing targetTargetComments£1.2mSee Budget prediction. Stretching but does...
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5th Jun
Precedents
Consolidated management accounts—law firmsThis pulls together worked examples of the following Precedents:•Annual budget—law firms•Monthly budget—law...
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5th Jun

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