Strategic business review and report by department to improve efficiency and profitability

Whilst some law firms are starting to return to profitability following the recent recession, it is very much a polarised position with many continuing to struggle.  

Whatever your position, there are always profitability improvements that can be made. This review assesses the current procedures and what is happening in practice (often two different things), and then makes detailed suggestions, department by department, on specific improvements that need to be made in order to improve efficiency and profitability.

This is not a lean legal project management service, but may outline certain ways to reduce waste and could recommend bespoke lean reviews for certain departments.

Contact our Legal Sector Partner, Andy Poole, on 07828 857830 or andy.poole@armstrongwatson.co.uk to discuss how we can help you.

  Read more about the benefits of appointing Armstrong Watson

What is it?

A department by department report on current procedures and practices affecting efficiency and profitability with detailed suggestions of improvements.

Who is it for?

All law firms of all sizes in all locations.

What are the benefits for your firm?

  1. You will manage your costs appropriately
  2. You will create shared employee responsibility
  3. You will communicate operational goals to employees
  4. You will boost productivity and profitability

What do I have to do?

Compile required information. Pre-agreed partners and staff to be available for interviews. Partners and head of finance to attend the closing meeting.

What are the deliverables?

On-site interviews with selected Partners and staff. Presentation of draft report. Issue of final report.

What is the cost?

£3,100 plus VAT for law firms of up to 50 people. Bespoke costs agreed for larger firms.

How long will it take?

One month.

CASE STUDY

One recent review involved a two partner practice where both partners are looking to exit the business within the next five years. Although currently a successful practice as it stands, the report we issued included suggestions as to how they could begin to prepare their business for sale, and ultimately increase its value upon their exit.

Your Key Contacts

Andy Poole

Legal Sector Partner

07828 857830

Email Andy

Rosy Rourke

Legal Sector Director

07557 951148

Email Rosy

Tom Blandford

Legal Sector Director

07793 621951

Email Tom

Get in touch

To find out more about how we can help you or your business, contact one of our Legal Sector Specialists above.

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