Managing Partner’s Business Planning for Law Firms report is a unique, no-nonsense guide. The report is written specifically to help you develop a business strategy that will not only sustain your law firm through tough economic times but make changes that will improve cost efficiency, productivity and client relationships.

This highly-valuable report, written by Paul Gilbert, examines the now significant challenges to operating a successful, competitive law firm and highlights important opportunities afforded by the changing legal landscape.

By analysing successful business strategies in a variety of firms the report will help you establish new best practice and develop the right response for your firm.

Subjects covered include:

• Resource planning, particularly people resources/human capital;
• Trainees…deferment, cancellation or business as usual?
• Preserving talent in recessionary times;
• Ensuring that your business plan is aligned with the needs of clients;
• Engaging heads of practice group and other relevant people in business planning;
• Threats and opportunities from the Legal Services Act;
• Procurement and differentiating your firm in a panel review;
• Refocusing/restructuring areas which have been affected by the downturn;
• Cost/fee models;
• Reviewing expenditure – what to consider when making cut backs;
• Emerging from the downturn with a strong and competitive market position;
• Ensuring support functions are adding maximum value. Is it wise to make cut backs on CSR, marketing, diversity, IT, etc.?
• Looking at short, medium and long term plans.

This report provides a significant insight into the client point of view, with particular feedback as to what represents high quality, value added service from the client perspective.