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Law Society blog - finance

Here are all the posts tagged with "finance".

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Failing to plan is planning to fail: 5 steps for successful legal firm succession planning

26 March 2018

Legal practices of all sizes face a constant battle to retain and develop talent. Steve Deutsch, chief executive of Wesleyan Bank, outlines five key steps that law firms must take to achieve successful succession planning. 

Are cryptocurrencies really the wild west? An intro to Initial Coin Offerings

23 January 2018

With more than US $3 billion being raised by way of Initial Coin Offering (ICO) in 2017 and the price of Bitcoin breaking through the US $19,000 mark (and dramatically falling again), interest in ICOs and cryptocurrencies is at an all-time high. 

You and yours: 6 personal financial planning tips for solicitors

14 November 2017

Professionals from all walks of life tend to be so focused on helping their own clients that they often leave little time to plan for themselves. The journey to a career in law is as demanding as it is potentially rewarding, and it’s essential that sufficient time is allocated to financially plan for your future. The best plans are always started early.

Blockchain: How pizza can change the world

18 October 2017

On Saturday 22 May 2010 in Jacksonville, Florida, Laszlo Hanyecz made a revolutionary transaction: he bought two Domino's pizzas for the equivalent of $41. This was the first ever purchase made using the digital currency Bitcoin. 

How to make the best decisions for the financial future of your firm

25 April 2017

Data from the Law Management Section’s 2017 Financial Benchmarking Survey shows continued improvements for most participants, but there are warning signs that some practices are slipping back into bad habits, warns Andy Harris

8 tips for spring-cleaning your law firm

28 March 2017

Now that spring is officially here, you may be planning to spring-clean your home. But what about your business? Accountant Rosy Rourke highlights eight elements of your business to address.

Go with the flow: top five tips for managing your cashflow

30 November 2016

Steve Deutsch, chief executive of Wesleyan Bank, offers his top five tips to help law firms stay on top of their finances.

Close to home: spotting elder abuse

12 August 2016

Richard Roberts details the warning signs of financial abuse of the elderly, what practitioners should look out for, and the steps they can take where such abuse is exposed.

How do you compare - Financial Benchmarking Survey 2016

06 April 2016

Andy Harris looks at the results of this year's Financial Benchmarking Survey.

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