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How your law firm can limit virus hit to bottom line

There is every chance that COVID-19 will mean a big hit to your firm’s revenue for the 2020-21 financial year. So, what levers are you using to limit the downside impact on profitability? Joel Barolsky of Barolsky Advisors looks at ways you can enhance your profitability.

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How to create a workplace that thrives on collaboration

The word “collaboration” is an easy one to bandy about. But many firms struggle to work out what it means for them – and how to do it- especially in an increasingly virtual workspace. Recent research from Harvard Law School’s Heidi Gardner shows a clear connection between a firm’s ability to collaborate and the profitability of its clients. Simon Dowling shares three ways to increase collaboration.

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Keeping your finances on track

As the impacts of the COVID-19 crisis ripple across society and the economy, strong financial management may be a crucial consideration for you over the next few months. Here are some suggestions for your consideration from Macquarie Banks that might help to keep your firm’s finances on track.

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