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News and Articles
Want to Stand Out Post-Legal Services Act?: A Focus on Service Delivery
The recent implementation of the Legal Services Act and the dawn of Alternative Business Structures (ABS) are set to introduce a new generation of legal firms to the industry.
DPS Software
A TIME FOR CHANGE
The challenge for traditional law firms fast approaches with the implementation of the Legal Services Act and Alternative Business Structures.
For certain, the new generation of businesses delivering legal services will bring to the market place a greater commercial awareness and more aggressive marketing concepts.
Having to compete with ABS’s driven to commoditise and industrialise legal procedure will add increasing pressure for law firms to improve efficiency and reduce costs, whilst endeavouring to maintain the deep rooted notion that a client is not merely a file reference, but a person upon whose life the law is about to impact upon.
C.L.D Business Support has been advising traditional law firms for many years, providing advice and support in the following areas:
restructuring and creation of financial systemsmonitoring key performance indicators such as WIP, Cashflow, Chargeable and Non-chargeable timedeveloping new marketing and networking conceptspractice management supportbuilding and maintaining solid banking relationshipsmergers and acquisitions of other practicesproject management of acquisition and logistics of practice relocation, procurement and installation of new IT systemson site compliance officers for legal practice and finance and administration (COLP and COFA)
The skills of our team at C.L.D Business Support were developed within the commercial sectors. Therefore, we have the attributes and insight to translate and more importantly apply commercial concepts successfully to the legal profession.
Ask yourself ....can you do without us?
Training and Events
Management Training for Law Firm Professionals
As a result of the Legal Services Bill just being a good lawyer or a great fee earner is not going to be enough to survive. If firms are to maximise their potential and maintain their competitive edge, they must adapt....
"For me, CLD has provided both accurate and timely financial information, both in terms of past performance, and also budgeting and planning ahead – both critical in allowing the Bank to assess and understand what will be needed to help the firm grow. CLD has been happy to work with the Bank, and understand what is realistic in what can be achieved by the firm, but also what is available from a borrowing stance."
Chris Chalk, Relationship Director - Barclays Corporate
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