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Adjusting the Numbers: The Future of Finance in Law Firms

Adjusting the Numbers: The Future of Finance in Law Firms

Adjusting the Numbers: The Future of Finance in Law Firms

Author: James D Cotterman; Stuart Dodds; Tim Corcoran; Mary Juetten; Richard Brzakala; Louis Young; Andrew O'Connor; Andy Poole
Publisher: Globe Law and Business
ISBN: 9781783584048
Published In: March 2021
Format: Paperback , 79 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: HKD 1,888.60

HKD 1,831.94 Save HKD 56.66 (3%)

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Description
Contents

Details

Why this report, why now?

We began 2020 in bright spirits and bountiful economic conditions; by early March all that had changed. Economic adjustments were made and, overall, firms ended the year in much better shape than their spring worst-case projections anticipated. Some firms were even close to their original 2020 profit expectations to date – largely due to quick actions to curtail expenditures as COVID-19 got underway in the US. Adjusting the numbers: The future of finance in law firms looks back at a year like no other in our lifetimes, highlighting pricing, budgeting, strategic planning and people management principles, and identifying good compensation practices that can be applied during the pandemic, its gradual cessation, and beyond.

Unique selling points:

First title to look at financial performance post-COVID, focusing on pricing, compensation, financing, KPIs and partner management.

Executive Summary

Chapter 1: Good compensation practices during COVID-19

James D. Cotterman, Altman Weil

Chapter 2: Retaining your pricing confidence in challenging times

Stuart Dodds, Positive Pricing

Chapter 3: Partner performance – becoming and remaining a partner

Timothy B. Corcoran

Chapter 4: Pricing, budgeting, and KPIs – all change after 2020?

Mary Juetten, Traklight

Chapter 5: The impact of COVID-19 on legal service delivery and client expectations

Richard Brzakala

Chapter 6: Options for law firm financing in difficult times

Andrew O’Connor and Louis Young, Augusta Ventures

Chapter 7: A flexible financial future

Andy Poole, legal sector partner, Armstrong Watson

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