Essential news for legal professionals.
Welcome to the third edition of the Brief. In this edition you will find some useful articles on how
to manage your firm during the recession. This includes how to manage cash and people.
Cash flow can be affected by the Legal Structure. Those that survive will no doubt move on to be very successful in the recovery. Having the right practice structure will assist that growth to be profitable and also assist cashflow.
The article “How should the Modern 21st Century Legal Practice be structured,” will I am sure help partners in their discussions on this increasingly important topic. If you need to downsize to take you through the recession then Roger Davies article on “3 options for Employee Cost Down” will no doubt be useful.
Enjoy this edition!
Wayne Williams - cpm21