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Increasing numbers of businesses in the UK are experiencing some form of financial fraud.
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The majority of an average working day is dealing with requests and queries relating to our reporting information and environments. These normally come directly from Finance but we work with a variety of departments across the firm. Marketing / Pricing / Business Development / Public Relations / Compliance and direct to senior management.
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Having worked through a number of roles over many years you tend to take elements of old jobs through to new ones, and so day to day my role is very wide ranging, with much of my time business facing, tackling issues or looking to improve on the impact of my teams work within the firm.
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Lots! It really can be varied which is what makes it interesting. This can range from business review meetings, analysing current performance vs. budget, pricing, profitability analysis, review of potential lateral hires, project work, and trend analysis. There is always something going on!
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The Balance Secret Series provides an insider view on the realities of working within the different specialist roles that occupy a law firm finance department.
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Annual accounting and SRA Accounts Rules inspections are a routine part of law firms’ calendars. Accurate, secure accounts management is a tremendous responsibility and preparing for these yearly events is often a stressful and worrying time.
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When Bana Vaid & Associates’ previous software supplier announced it was phasing out its legal accounts system and pushing clients to migrate to a more expensive replacement, the practice took a contemplative look at its options.
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With over 2500 lawyers on six continents, Hogan Lovells needed a highly configurable PMS platform that would allow the firm to effectively manage the global business. To enable this, the firm embarked upon the “Single Finance System” project with the Thomson Reuters Elite 3E platform at the very core of this global implementation.
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When Jane Lodeto and Jane Elgar formed their new legal practice, Browns Solicitors, a year ago, they immediately set about requesting quotes from suppliers of legal accounts software.
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National law firm Clarke Willmott LLP saw the benefits of leasing IT equipment, but they had some previous bad experiences, and had been stung by hidden costs. These generally affected their plans to replace equipment, with awkward extensions that damaged the value of leasing.
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Collections management is a cornerstone of a firm’s growth – and with an upgrade from Minisoft, DLA Piper can make some big differences, explains Ashley Hamblin writing in Briefing.
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A consolidated approach to business intelligence, planning and reporting at Addleshaw Goddard.
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Since implementing Qlik from business intelligence expert Informance, regional law firm Taylor Walton now has a comprehensive financial management platform that has enabled it to automate and streamline its reporting processes and improve the quality of its financial information
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Because employees worldwide had a strong desire to be able to enter and submit expense reports while on the road, Huron leapt at the opportunity to be part of the Mercury pilot group.
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Setting up a law firm is an exciting time for anyone branching out alone in business. But there’s a lot to consider and paperwork galore.
