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Profitability and Law Firm Management Andrew Otterburn

Profitability and Law Firm Management By Andrew Otterburn

Profitability and Law Firm Management by Andrew Otterburn


£23.49
New RRP £34.95
Condition - Very Good
Only 3 left

Summary

This text is designed to help managers identify new ways of making their practices more profitable. Rather than simply offer general suggestions, the book provides specific plans, which are practical, easy to implement and should help move businesses forward.

Profitability and Law Firm Management Summary

Profitability and Law Firm Management by Andrew Otterburn

This text is designed to help managers identify new ways of making their practices more profitable. Rather than simply offer general suggestions, the book provides specific plans, which are practical, easy to implement and should help move businesses forward. The book is divided into three parts. The first section demonstrates how management processes and strategic planning directly affect financial profitability. The second section looks at the key figures and updates the benchmarks, providing a way to measure performance against the competition. The final section covers important topics such as gearing, chargeable time and hourly rates, profitable and unprofitable work, and working capital. A free CD-ROM accompanies the text. It contains the following time-saving documents which can be modified as appropriate: pro formas for a series of financial reports; a questionnaire - "partner perceptions of their firm"; a business plan structure pro forma; and the Lexcel standard and self assessment checklist.

About Andrew Otterburn

Andrew Otterburn is a chartered accountant and management consultant. He has been advising solicitors since 1989 and runs his own firm, Otterburn Legal Consulting, a specialist management consultancy. He is a regular lecturer on behalf of the Law Society and other professional bodies and his previous publications include Profitability and Financial Management (Law Society, 1998) and Cash Flow and Improved Financial Management (Law Society, 1998).

Table of Contents

Part I The pre-requisites of good financial management: managing a law firm; the managing partner; the senior partner and other partners' roles in management; professional managers and chief executives. Part II Understanding the figures: understanding profitability; fees, gearing and salaries; overheads; working capital; management reporting (I); management reporting (II). Part III Improving long-term profitability: developing forward strategy; forward financial planning and budgets; aligning "cost" with the fees you can earn; implementing the plan and managing change.

Additional information

GOR004401575
9781853288203
1853288209
Profitability and Law Firm Management by Andrew Otterburn
Used - Very Good
Hardback
The Law Society
2002-11-22
224
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Profitability and Law Firm Management