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Totum's Tim Skipper introduces us to an emerging role in legal - pricing professionals
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Talent matters. That’s as true for medium-sized businesses (MSBs) as it is for large enterprises – if not more so.
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It’s one thing to state that you’re great at what you do; however it is just as important to demonstrate this... And you only have a few seconds! (Well online anyway).
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The legal profession is now fully aware of the many aspects of outcome focussed regulation under the new rules but it is still causing concern for many law firms as they struggle to get to grips with the reality of it.
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A recent survey of over 1,200 UK workers commissioned by Concur has revealed that public sector workers have a much stricter attitude towards expense exaggerating than their private sector counterparts.
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Andrew Try of ComXo talks about the importance of outsourcing for law firms and advises firms to adopt new technologies to deliver market differentiation.
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Gary Jones, Director of Totum Partner, talks about the new challenged and opportunities in recruiting for law firms today and how firms and recruiters need to work together towards sourcing and training the perfect candidates.
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Dun & Bradstreet introduce D & B Onboard, a solution for delivering customer due diligence and verification processes.
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10 minutes with Moneypenny’s Samantha Jones who explains how the company is supporting an ever-growing number of conveyancing clients.
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Following on from the SRA’s warning earlier this year that solicitors who failed to disclose relevant information about their past on compliance officer applications could have their licences removed; and their plans to pursue hundreds of applicants who failed to declare facts such as criminal convictions or a previous bankruptcy, the SRA have now announced that enforcement action has started against almost 650 solicitors or firms that failed to complete their compliance officer nominations properly.
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The new OFR regime, untested and unknown, is set to costs every UK law firm many thousands of pounds not just in design, training and implementation but in the endless search for a practical solution. COLPs and COFAs who are still wondering what it will all entail need to look no further than Compliance Manager. Designed by a team of professionals who have spent many years at the coal face of law firm management, Compliance Manager is a fully comprehensive and yet cost effective solution designed to help you meet the obligations of legislative and regulatory compliance and which will protect both law firms and clients alike
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In recent times we’ve not only witnessed an economic meltdown, but we now live in an age where we are literally flooded, on an almost minute by minute basis, with promotional messages. Given you literally have seconds, rather than minutes, these days to create the right impression, it’s critical you can instantly communicate your point of differentiation – or state a clear reason why someone should choose your firm. So here’s a good starting point: take a look at your website.
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As the UK teeters on the edge of recession, CEOs and financial directors (FDs) are facing the tough challenge of mastering the delicate balance between cutting and managing costs to survive today, and investing to grow tomorrow. With this in mind, Expense Reduction Analysts (ERA) commissioned this research piece – based on a survey of 100 FDs in the UK and Ireland, across nine key industry sectors at enterprises with revenues between £10 million and £500 million.
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Risk leaders, your time has come. How can risk heads ensure they have oversight of risk in their firms in 2013 when the benchmarks are so unclear? Briefing on: Risk management in 2013 looks at what COLPs (and everyone else in the firm) need to know and do to ensure compliance in the new world of OFR, covering better reporting, referral fees, risk teams, international business standards, how clients are now driving compliance, and the need for a global view in an increasingly global legal market.
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The new year is upon us and for many solicitors and costs lawyers this signals the final countdown to April and the implementation of the Jackson Reforms. Lord Justice Jackson’s recommendations will see a new budgeting regime for managing legal costs, meaning law firms have to start preparing now to ensure their processes are in-line with these reforms in three months time. Revolutionary web-based software Omnia has been developed to help law firms produce not only the new Costs Budgets but also Bills of Costs and Costs Schedules.
