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
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.