Law Firm Management CPD – Overview
Given the wide variety of CPD training courses available on the various practice areas of law and how many clients that lawyers represent in their various capacities, it helps to remember that law firms themselves have to survive in a commercial world and remain profitable.
Issues such as billing, marketing and debt collection are real considerations for law firms who still have to keep their legal knowledge at a high level. In fact, the new Solicitors Regulation Authority code introduced in October 2011 stipulates specific financial outcomes for law practices that could affect compliance if not met.
Thankfully, there are accredited law firm management CPD training courses available that can help practitioners get the most out of their practice whilst also building up the compulsory CPD hourly requirements.
CPD Training Courses – Law Firm Management
Achieving the Mandatory Financial Outcomes under the New SRA Code – Seminar – CPD hours 6
This Law Firm Management CPD seminar addresses the new SRA code, which came into effect on the 6 October 2011 and requires that law practices maintain systems and controls to constantly gauge the financial stability and health of the firm. The SRA also requires that any cases of severe financial problems should be reported to them immediately and could be grounds for non-compliance in the future.
It therefore transpires that maintaining a healthy firm of solicitors does not just make good business sense but is essential to their professional accreditation. This seminar takes a close look at many of the important management issues that are facing law firms today and which, if handled correctly, can improve profitability and cash flow.
This Law Firm Management CPD seminar discusses how effective financial management can be integrated as part of a law firm’s compliance obligations. This can serve a dual purpose of improving a firm’s profits and using this improvement to demonstrate the attainment of financial outcomes stipulated as necessary by the new SRA code.
The course will highlight how one can identify and prioritise financial challenges, as well as providing the essential information needed to manage the financial well-being of a law firm and increase profits whilst consistently maintaining compliance. It will look at how to maximise cash flow using the latest cash management techniques and how to build achievable profit improvement and cash generation plans.
Business Development For Lawyers – Seminar – CPD hours 6
This course is designed to help provide you as a lawyer with the necessary skill sets to run on-going strategic and tactical business development processes. It examines a number of marketing tools and selling techniques to generate new business and develop new revenue streams from existing clients.
You will receive instruction on the latest techniques used to build lasting relationships and generate referrals as well as revealing the needs of new and potential clients. The proactive approach is discussed in terms of the selection of strategy, taking action, identifying targets and setting goals.
Understanding the changing market will help law firms develop niche practices and raise the profile of their firms while developing sales processes and effectively converting enquires into sales. The use of social media will be covered as a way of generating leads and producing results.
Generating and Retaining Conveyancing Clients – Webinar – CPD hours 1.5
This Law Firm Management CPD webinar is aimed at providing practitioners with new and innovative ways to generate new and retain existing conveyancing clients. It will also examine and explore possible solutions to the everyday issues experienced by those involved in the management of conveyancing files.
The webinar looks at:
• how to attract new and repeat business by using both direct and indirect marketing techniques by incentivising fee earners, and
• effectively utilising the internet through social media and the use of blogging and web site platforms
The webinar will also look at how to avoid the most common types of client complaints and maintain compliancy at all times.
With all of the different formats of CPD training available, it will not be difficult to find the right choice of continuing professional development for your annual requirements and to provide you with the necessary knowledge and skills updates.
All you need to do is to find a reputable CPD course provider who offers a wide range and type of continuing professional development courses.