Law Management Section: Finance and Business Forum

Price: Non-Practising Certificate Holders (incl. VAT) - £474
Practising Certificate Holders (incl. VAT) - £354
Members of Law Management Section (incl. VAT) - £300
Members of TLS working for NFP (incl. VAT) - £234
Start Date: 10-11-2011
CPD hours: 5.50
Event type: CPD Seminars
Location: The Law Society
113 Chancery Lane, London
Region: Greater London
United Kingdom

Principal sponsor

Associate sponsor

Why attend?

Understand the business and finance implications of the full implementation of the Legal Services Act through this Forum. The speakers will address key issues including alternative business structures and fixed pricing, the impact of regulatory and other changes on law firms' finances, and alternative pricing structures including 'value billing'.

The programme has been developed by the Law Society's Law Management Section - a specialist Section of the Law Society providing best practice information and support on the full range of practice management disciplines. For further details visit www.lawmanagementsection.org.uk.

Programme

9.00        Registration and refreshments

9.30        Setting the scene – preparing for 2012 and the post LSA world

  • What might the legal world look like in 12 months?
  • Preparing now
  • The key ingredients for success

Andrew Otterburn, Otterburn Legal Consulting LLP

10.00     New Zealand/Australian experience of ABS and the resulting move to fixed pricing

  • ABS as the catalyst for change
  • Fixed pricing; great for the client but what's in it for me?
  • Common fixed pricing mistakes

Richard Burcher, Managing Director, Validatum Ltd, New Zealand

10.45     Refreshments and networking

11.05     After the LSA, what changes and trends will emerge?

  • Drivers of change
  • The Vanguard of Firms
  • The perfect storm

    John Llewellyn-Lloyd, Head of Professional Services, Espirito Santo Investment Bank

11.45      Law firm finances – performance, assurance and compliance

  • Performance – Our view of the financial issues and performance in law firms during 2010/11
  • Assurance - An evaluation of the implications for and responsibilities of the COFA in law firms
  • Compliance – A high level review of the recent SRA Accounts Rule changes from an FD’s perspective

    Andrew Allen, Francis Clark with Winter Rule

12.30     Lunch and networking

13.30 Panel discussion

Chaired by Andrew Otterburn, Otterburn Legal Consulting LLP

14.00 Thoughts from the front line

Richard Wyatt, Law Firm Finance Director, Cambridge Blue Square Management Ltd. 

14:30 How to implement profitable alternative pricing strategies (APSs)

  • Someone, please tell me what value billing is supposed to be!
  • The good, the bad and the ugly of APAs – examples.
  • Implementing APAs - eight simple steps to getting it right.

    Richard Burcher, Managing Director, Validatum Ltd, New Zealand

15.00     Refreshments and networking

15.20     Managing your escape

  • The sales process - maximising value
  • Managing capital ownership
  • Managing & maximising retirement income through the new SIPP rules

Howard Hackney, Partner, Howard Hackney LLP

15.50     Implementing a merger - the detail of putting it all together

Getting through the financial arrangements
Implementation work programme - how to deal with it all in an organised way
The importance of appropriate structure and integration

Jon Cartwright, Partner, Hazlewoods LLP

16.20     Closing Remarks

16.35    Conference Close

Who should attend?

- Finance Managers, Directors and Partners
- Managing partners / Chief Executives

- Lexcel-accredited firms/departments who want to keep up to date on financial management and ensure they meet re-accreditation requirements in this area

 

 

 

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LMS Finance and Business Forum 10 Nov flyer final.pdf142.85 KB

For more information about Law Society events e-mail: events@lawsociety.org.uk