Strategy

Strategic drift – a risk for partnerships

In most of the courses I teach and the coaching provided to senior lawyers, accountants and surveyors I talk about the importance of having a firm-wide strategy. Even if it is merely an “umbrella strategy” of overall parameters about how the equity partners hope that the firm will develop and Read More

2021-04-10T16:15:13+01:00December 29, 2011|Accountants, Kim's Blog, Lawyers, Management Skills, Property, Strategy|

PricewaterhouseCoopers’ Law Firms Financial Survey 2011

The executive summary of the 20th PWC survey  http://www.pwc.co.uk/eng/publications/pwc_annual_law_firms_survey.html  talks about the deteriorating profitability of all but the most successful firms since 2008 with the 2011 financial results painting a broadly flat picture compared to last year. The key findings are as follows: Variation in net margins - UK net margins range from Read More

2013-08-01T13:33:53+01:00November 21, 2011|Kim's Blog, Lawyers, Strategy|
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