LPM magazine, Slaying the discount dragon 2017 supplement

Resource - 07/06/2017 : DW reporting, General, law firm discounts, law firm practice management, law firm profitability, legal finance, Legal Practice Management magazine, LPM magazine, SME law firms, wilson legal, Finance, Human Resources, Knowledge Management, Marketing & BD, Risk & Compliance, Technology, Practice Management

This month, LPM magazine's Slaying the discout dragon supplement looks at how SME firms can drive profitability by using better data analysis and client communications to stop discounting, with insight from issue sponsors DW Reporting...

Industry analysis from DW Reporting: Practise your profitability

Resource - 16/04/2017 : AI, briefing magazine, contextual analytics, law firm profitability, legal it, top 200 law firms, Technology

The article was originally featured as an industry analysis in the April 2017 issue of Briefing magazine, ...

Profitability plummets at growing number of UK firms

News Article - 29/07/2013 : General, law firm profitability, pep, Finance

Average profit per equity partner (PEP) has fallen at nearly half of the UK200 firms to have provided figures for 2012/13 so far, The Lawyer research has revealed.

Of the 86 firms that have provided PEP figures for both the...

City firms foresee slow growth but Q3 revenues rise 7% at top 100

News Article - 09/03/2012 : city law firms, law firm profitability, revenue, Finance, Finance

The UK’s top 100 law firms saw fee income increase by 7.2% year-on-year during the third quarter of 2011-12 according to new research, which shows firms are predicting slower growth for the coming financial year due to the ongoing...

Riddle of the brands: the secret formula of kudos

News Article - 05/03/2012 : branding, law firm profitability, Finance, Finance, Marketing & BD

The value of a firm’s brand is tough to put a figure on, but a system used by other industries claims to be able to do just that.

Now, get out your calculators. Punch in the revenue you expect your firm to bring in next year. Press...

PI firms need scale to survive, says firm pumping £3m into its business

News Article - 22/02/2012 : law firm profitability, Finance, Finance, Marketing & BD, Practice Management

Personal injury firms need scale to survive in future, a Manchester law firm has warned as it gears up for a £3m investment into growing its practice.

Robin Patey, a partner at Express Solicitors, said the combination of alternative...

Turnover and PEP both up at Latham & Watkins

News Article - 16/02/2012 : latham & watkins, law firm profitability, pep, Finance, Finance, Practice Management

Latham & Watkins has posted an 11.6 per cent rise in total turnover along with a 14.1 per cent increase in average profit per equity partner (PEP) for the 2011 financial year.

Turnover reached $2.152bn last year while PEP hit $...

SNR Denton UK LLPs highlight falling profits and Turkey restructuring

News Article - 08/02/2012 : law firm profitability, SNR Denton, Finance, Finance, Practice Management

SNR Denton saw profit before tax shrink by around 40% last year across its operations outside the US, with the firm's latest limited liability partnership (LLP) accounts showing a fall in profit from £37.9m to £22.5m.

The...

SNR Denton partners question one-off £500k payout for former chairman

News Article - 27/01/2012 : law firm profitability, SNR Denton, Finance, Finance, Human Resources, Practice Management

SNR Denton partners have criticised a payout to former Denton Wilde Sapte chairman James Dallas of around £500,000 last year, despite profits per equity partner (PEP) falling by 36% in 
the UK partnership.

City energy partner Dallas, who...

Law firms in a recession

Resource - 19/01/2012 : feature article, law firm profitability, recession

Compared to the domestic economies of our EU neighbours, the UK economy has been disproportionately reliant upon housing and construction and this, coupled with the wider issues affecting the world economy, has resulted in a powerful...

Is your firm leaving money on the table? (Can it afford to?)

Resource - 19/01/2012 : budgeting and forecasting, fact sheet, law firm profitability, time capture, time recording, Finance, Finance, Technology

Is your firm doing everything it can to capture every slice of billable time? If your firm is like most, some may be slipping through the cracks. A few minutes here and there may not feel like a big loss to an individual lawyer, but in...

Briefing on: Competitiveness and the Legal Services Act

Resource - 19/01/2012 : briefing, budgeting and forecasting, business intelligence, business process management, claims handling, cloud computing, compliance, conflict checking, CRM, data management, debt recovery, digital dictation, document management, dwf, e-mail management, eDiscovery, education and training, employer branding, feature article, In-house training, law firm profitability, lexisnexis, Matter Management, nabarro, network and data services, online legal service, outsourcing, profitability, regulation, revenue, software solutions, transcription, workflow, Finance, Finance, Human Resources, Knowledge Management, Marketing & BD, Risk & Compliance, Technology, Practice Management

Briefing on the LSN cover

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Briefing on: Outsourcing | How the top 100 is changing as it adopts a new way of working

Resource - 19/01/2012 : bevan brittan, briefing, business process management, compliance, farrer & co, feature article, In-house training, law firm profitability, linklaters, mcgrigors, offshoring, online legal service, outsourcing, profitability, recruitment services, regulation, SNR Denton, solicitor account rules, transcription, workflow, Finance, Finance, Human Resources, Knowledge Management, Marketing & BD, Risk & Compliance, Technology, Practice Management

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Briefing on: Knowledge management | Information superheroes: how KM is creating tomorrow’s firm

Resource - 19/01/2012 : briefing, business intelligence, business process management, case management, compliance, document management, feature article, In-house training, law firm profitability, Matter Management, online legal service, phoenix business solutions, reed smith, regulation, sj berwin, workflow, Knowledge Management, Knowledge Management, Marketing & BD, Technology, Practice Management

Briefing on KM 2011 cover

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Briefing on: Strategy - how law firms use strategic vision to succeed

Resource - 19/01/2012 : briefing, budgeting and forecasting, business intelligence, business process management, case management, case studies, compliance, CRM, education and training, employer branding, feature article, ip telephony, law firm profitability, lexisnexis, Matter Management, network and data services, offshoring, online legal service, outsourcing, payments, profitability, regulation, Research In Motion, software solutions, telecommunications, workflow, Finance, Finance, Human Resources, Knowledge Management, Marketing & BD, Risk & Compliance, Technology, Practice Management

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Covering the key business issues facing law firms, Briefing talks to everyone in business services and support about what...