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How CPD can be more valuable to law firms than billable hours

By Manju Manglani, Editor, Managing Partner

26 March 2015

Many lawyers place high value on the quality of their client services, but view continuing professional development (CPD) as a regulatory burden. Meanwhile, clients' needs and expectations
are continually evolving
in response to internal
and external pressures
and innovations.

To remain competitive, lawyers need to take the initiative and direct their own learning and development. This is at the heart of the Solicitors Regulation Authority's new CPD regime, which firms
in England and Wales can opt in to from 1 April 2015.

But, are lawyers prepared to do this and, more importantly, will their firms allow them to take whatever time is necessary to ensure their own continuing competence? Pressure to bill a high number of hours continues to prevail in many law firms, despite claims of moving towards more enlightened and client-focused business practices.

A side 'benefit' of the old CPD regime w...

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