Blog
Values and Behaviours Study - Intitial Findings
Almost 50% of Managing and Senior Partners agree that poor behaviour in their firm is often tolerated, especially in those who are high billers: this was one of the most telling of the initial findings from a study that KermaPartners has been conducting with larger firms over the past eight months. It is an indication, perhaps, that leaders are still struggling to gain full acceptance from their colleagues for a cultural code within their firm – a failing that firms also understand may be damaging their overall business profitability.
From Microscope to Telescope
The past 18 months have been a very difficult time for most businesses, and this is no different for professional services firms. The inevitable consequence of the banking crisis, credit crunch and recession, is that horizons have shortened to the here-and-now. It is very difficult to consider the needs of your business next year, much less three or five years hence, when you are micromanaging and worrying about whether your fee earners have any work to do today, and whether they will get paid for it next month!
The Integrated Path to Successful Mergers
As David Cameron and Nick Clegg laughed and joked in the Downing Street rose garden, there was a sense of the truly extraordinary taking place. Nobody yet knows whether this Conservative/Liberal Democrat coalition will stand the test of time – but what is clear is that we have entered uncharted waters. And from that comes both eager anticipation and trepidation. Suddenly no-one can quite predict the future.
Law Firms and Lenders - Who Calls The Tune Now
William Arthur examines how the credit crunch has changed firms’ relationships
with their banks and how to make the most of a more difficult climate.
Capitalisation and Working Capital - Is your House in Order
The current environment may be difficult for businesses, but for professional services firms that are not effectively managing their capitalization and working capital, these could be particularly dangerous times
Trouble at t' bank?
I have had a lot of calls over the last few months from Managing Partners and Finance Directors of law firms asking for a second opinion as to whether the renewal terms offered by their bank are reasonable.
Getting Value from your Finance Director
This article was published in The Law Society Gazette on 3rd july 2008
View from the Outside
This article was published in the January edition of Managing for Success, the magazine of the Law Society's Law Management Section, and is reproduced with their kind permission.
In The Manager's Chair
This article first appeared in Managing for Success - the magazine of the Law Society Law Management Section (www.lms.lawsociety.org.uk)
RSS Feeds
You can subscribe to a feed of our latest blog items, using the link below. Subscribing to this blog feed is free and will keep you upto date with the latest articles that have been posted. You can view more information about how establishments like the BBC use RSS feeds for their content.
To subscribe to this feed simply right-click on the link below, click "copy shortcut" and then paste the URL into your feed reader software.
