How Law Firms Make Money

Posted Friday, 17th February 2012

Ever wondered just how exactly law firms make money?  Or more importantly, how they make a profit?  Are busy lawyers a good indication of how profitable a firm is?  Ever wondered how gearing/leverage affect profitability, or what the difference between WIP lock-up and debt lock-up is?

CLIG is delighted to welcome Chris Billington, UK Finance Director at Bird & Bird, who will aim to explain the mysteries of law firm finance for non-finance professionals.  Areas to be covered include:

  • An overview of how a law firm makes money
  • Factors which affect the level of profitability
  • Why collecting cash is so important and what firms can do to get paid sooner

There will be an opportunity to network over a glass of wine after the seminar.

Date:  Monday 26th March 2012
Time: 6.15pm
Venue: Bird & Bird LLP, 15 Fetter Lane, London, EC4A 1JP
Cost: £10 for members, £20 for non-members

To register for the event, please use the booking form below.