LAW FIRM ECONOMICS
A FRAHAN LEGAL ACADEMY COURSE
Understanding and optimising the financial business model of law firms
We will guide you through a comprehensive overview of law firm economics, covering key topics such as financial analysis, pricing and billing strategies, revenue management, budgets, cost management, and profitability.
You will learn how to measure key performance indicators and identify the most profitable areas of your practice. We will also explore the latest pricing and billing strategies that can help you increase revenue and profitability.
We are confident that this training will provide you with invaluable insights and takeaways that you can immediately apply. Don't miss out on this opportunity to improve your financial literacy and optimise your firm's profitability. Available in English, French and Dutch.
WHO SHOULD ATTEND?
Law Firm Economics is a must-attend course for anyone looking to gain a better understanding of the financial aspects of running a law firm. It is particularly suited for senior associates or junior partners who need a comprehensive understanding of the financial operation of a law firm.
WHAT PARTICIPANTS WILL LEARN:
A financial perspective on the business model of law firms
Financial analysis techniques to evaluate law firm performance
Pricing and billing strategies to increase revenue and profitability
Key performance indicators to measure and monitor financial performance
Revenue management best practices to optimize financial outcomes
Techniques to reduce costs and improve profitability
How to make informed financial decisions that positively impact your firm's performance
Key skills and insights to help you make informed financial decisions
Practical techniques to improve the financial performance of your practice
