Finance Resources

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Downloadable and online resources about finance from LSN and our networkpartners.

Forecast: Law firms will be cloud ready by 2021

23/07/19
finance

Law firms have long talked about the attractiveness of migrating their IT infrastructure to the cloud, but they have not made appreciable steps to date. This is due in large part to an understandable fear of negative client reaction, especially in regulated markets such as finance. In truth, restrictive outside counsel guidelines of even a few large clients often were enough to put the brakes on cloud initiatives.
Law department analytics survey reports

14/05/19
finance

The rise of data analytics has in the past decade substantially impacted how businesses operate and provide services. The legal industry, on the other hand, has been much slower to adopt analytics than other verticals. That is beginning to change, as interest and investment grows in legal organizations.
Balance Recruitment – Market analysis: Revenue control 2018-2019

11/02/19
finance

Revenue Control has been by far and away the busiest area for hiring across the legal accounts function in recent years for our team, with significant change and evolution of teams across the legal sector.
Suppliers in the spotlight: A look at procurement priorities for law firms in 2019

04/02/19
finance

Procurement plays an essential role in law firms’ ability to reduce and contain costs, manage risks and improve the level of supplier service delivery.
The edge effect of the legal ecosystem

31/01/19
finance

In ecology, the term “edge effect” refers to the boundary of two or more habitats. At the edge of two intersecting habitats scientists find greater diversity of life, including unique species that are specially adapted to the conditions of the zone where the two habitats come together.
HBR Consulting: LegalXchange 2018 executive summary

22/01/19
finance

Yes, we may still be discussing some of the same challenges that surfaced years ago in the legal ecosystem, but now we have a sense of “vuja dé” – seeing something familiar with a fresh perspective – a viewpoint that allows us to gain new insight from old problems.
MHA MacIntyre Hudson's year end tax planning guide

22/01/19
practice management

MHA’s Year End Tax Planning Guide summarises some key tax and financial planning tips which should be considered prior to the end of the tax year on 5 April 2019 or for companies, the end of the financial year on 31 March 2019.
HBR Consulting: Three reasons to get a second opinion on IT lifecycle management

19/12/18
finance

Senior IT executives carry the burden of making the final decisions on hardware and technology support options needed to run the applications that drive their corporate or law firm business functions.
LPM December 2018/January 2019 – Legal watch

10/12/18
practice management

What should SME law firms be on the lookout for when the clocks strike midnight?
LPM November 2018 – Boxing clever

07/11/18
practice management

What's stopping law firms from creating more products from their services?
LPM October – Make the cuts

02/10/18
practice management

This month LPM magazine investigates what SME law firms do to make high volume, low margin practice areas more efficient.
Partnership agreements: MHA MacIntyre Hudson explains everything you need to know

01/10/18
practice management

A partnership agreement sets out the relationship between the individual partners and their obligations and contributions. But does everyone involved know what they are signing?
Partners' financial roadmap: Understanding the funding of partners' capital

24/09/18
finance

Your capital contribution is a significant investment in your professional future, which should be treated as any other investment; you need to believe in the strategy and ethos you are buying in to and expect a return on your investment.
Understanding partnerships: Employment status for partners – employed v self-employed

17/09/18
finance

Depending on the structure of the firm, employment status can be a contentious issue, especially for junior partners who do not always have a guaranteed profit share and may have minimal voting rights.
Becoming a partner: understand legal partnership better with MHA MacIntyre Hudson's explainer

12/09/18
finance

Are you fully prepared for the additional responsibilities, liabilities and reduced statutory rights? The potential for reward is far greater, but so are the risks and it is important you are fully prepared.

Finance Resources

Forecast: Law firms will be cloud ready by 2021

Law department analytics survey reports

Balance Recruitment – Market analysis: Revenue control 2018-2019

Suppliers in the spotlight: A look at procurement priorities for law firms in 2019

The edge effect of the legal ecosystem

HBR Consulting: LegalXchange 2018 executive summary

MHA MacIntyre Hudson's year end tax planning guide

HBR Consulting: Three reasons to get a second opinion on IT lifecycle management

LPM December 2018/January 2019 – Legal watch

LPM November 2018 – Boxing clever

LPM October – Make the cuts

Partnership agreements: MHA MacIntyre Hudson explains everything you need to know

Partners' financial roadmap: Understanding the funding of partners' capital

Understanding partnerships: Employment status for partners – employed v self-employed

Becoming a partner: understand legal partnership better with MHA MacIntyre Hudson's explainer

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