Finance

Articles

Seesaw staffing: The optimal leverage ratio in law firms

Leverage has an inverted U-shaped relationship with performance in diversified law firms, reveal Amit Karna, Ansgar Richter and Monika Schommer

Growth metrics: How scale and geographic spread affect law firm profitability

Do scale and geographic spread dilute economic performance in law firms? Rob Millard reveals his research findings

Partnership accounts: The new LLP SORP accounting rules

Steve Gale outlines how the accounting rules for UK limited liability partnerships will change from 1 January 2015

Risk maturity: Adapting risk management systems to new threats

Peter Bennett reveals how he is evolving the risk management system which saved his firm £3m in PII premiums

Legal pipeline: Lessons in pipeline management from accountancy firms

Accountancy firms have perfected the art ofpipeline management, say Sally Calverley and Simon White. They reveal the key learnings for law firms

Creating, communicating and managing billing expectations of lawyers

By Julious P. Smith Jr, Chair Emeritus, Williams Mullen

After the crisis: Should law firms self-impose capital adequacy standards?

William Arthur considers whether law firms should self-impose capital adequacy standards to ensure long-term financial stability

Jonathan Watmough: Why RPC's partners earn more for teamwork than billable hours

RPC's managing partner tells Manju Manglani why his partners ?are rewarded with a higher share of the firm's profits for ?teamwork than billable hours