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This report, targeted at senior and managing partners, managers with strategic responsibilities, financial directors and those involved in people management, provides an effective practical guide on law firm financial management and planning. Through real-life case studies and analysis of current trends, we discuss different practices among law firms of differing sizes, market positions and geographic spread.
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Chapter 1: Matching financial planning with the firm’s strategic aims
Chapter 2: The implications of AFAs on financial planning
Chapter 3: The implications of the changing legal landscape on the financial
planning process
Chapter 4: Financial planning for strategic change
Chapter 5: Banks – Are their expectations of law firms changing?
Chapter 6: The process of creating a strategic financial plan
Case study 1: The financial planning practices at a New-York based business law firm
Case study 2: Comparing the financial planning practices of two UK firms
Case study 3: Managing currency risk in international law firms
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