One in four businesses fail in the first year; and over a half don’t get past 5 years due to poor cash flow management. So why does such an everyday concept of managing cash have such a significant impact on a business’ ability to make a profit and in many cases survive and, what’s more, […]
Cash v Profit – Why lawyers must understand the impact for clients Read More »
As reported in Legal Futures, the much delayed Quality Assurance Scheme for Advocates (QASA) – originally scheduled for implementation in December 2011 – is still showing no sign of movement. QASA has been described as “the only way” to protect all members of the public involved in criminal proceedings “at an upper level” but has
Why the legal industry shouldn’t wait for QASA Read More »
There is a lot written about how the job of a lawyer is a constant juggling act with the need to balance complex client requirements (where everything is urgent) to upwardly managing your supervisors; and then to add to this there is the potential of having to manage subordinates and having to effectively manage yourself
A day in the life of an effective manager Read More »
Law is widely acknowledged as one of the most demanding and challenging careers to gain and maintain a healthy work/life balance. Whilst it’s doubtful that choosing to work as a lawyer will result in a nine-to-five job with no out-of-hours commitment, in order to remain on top of your game and fit for practice it
Top tips on how legal professionals can improve their work/life balance Read More »
Congratulations! You’ve finally made it through the endless university assignments, the LPC and the never-ending applications to secure a much sought after training contract. Despite law firm training contracts nose-diving by nearly 12.5% over the last decade, you’ve beaten hundreds, if not thousands, of law graduates to the position. But what happens next? Is that
Hooray! You have a training contract! So what comes next? Read More »
Altior has had a long working relationship with Mishcon de Reya delivering in-house professional skills courses (PSC) to the firm’s trainee solicitors. The relationship has developed through Altior’s long-standing rapport with Tracy Clegg whilst she was involved in the Inn Group PSC Consortium. Altior secured the opportunity to pitch in a formal tender process
The Altior secret to increasing your trainee retention Read More »
According to a joint report (2016) published by Experian, PKJ Littlejohn and the University of Portsmouth fraud in the UK could be costing as much as £193bn; nearly four times the last government estimate of £50bn (2013). The estimated loss is largely borne by the private sector at £144bn; which as a cost per adult
Fraud is knocking on your door, are you prepared? Read More »
It is very sobering that in fraud prevention month a new survey has shown identity fraud has reached record levels. The report from respected fraud prevention organisation Cifas, using statistics from 277 banks and businesses, show the problem in Britain has hit a peak since figures started being compiled 13 years ago. In 2016 there
Record identity fraud needs new levels of education Read More »
Just over sixty years ago Devon Loch, a horse owned by the Queen Mother, was set to win the Grand National. For over four miles Devon Loch had soared over thirty fences and was clear of the field. With 50 yards to go victory was assured. But as hats were being thrown in the air
‘Doing a Devon Loch’ or why so many of us fall at the last hurdle Read More »
How to stay focused and beat stress With employees remit broadening, individual responsibilities ballooning, and a wider set of stakeholders demands it’s easy to let stress get the better of you – even in your dream job. The secret is knowing how to manage your time, prioritise your work, and communicate your goals clearly. As