Clear Focus Consulting

Business Process Improvement for Law Firms

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Cost Control and Profitability

 

Falling demand, increasing acquisition costs, continuing movement towards fixed fee work and the growing cost of regulation are just a few of the issues negatively impacting law firm performance. With the threat of "Branded" corporates entering the market next year, understanding client and work type profitability and keeping tight control of costs is vital. We can provide help.

 

 

 

  • Conduct an analysis of profitability by client and work type
  • Evaluate controls over time recording and scope to optimise
  • Review time and disbursement write-off's and the effectiveness of controls
  • Appraise billing efficiency and credit control performance
  • Review case handling capacities, staffing and admin support
  • Criticallly examine overheads and non-fee earning costs
  • Review the effectiveness of management information