Law Firm Strategy & Management

With Alternative Business Structures just around the corner, it is essential that successful legal businesses have a sound strategic plan. This must originate from the owners of the business and it must accord with their own agendas if it is to have any chance of succeeding. Cann Consultancy can facilitate the discussion to enable the owners of law firms settle upon a strategy that positions you in the market place to compete effectively with all of the legal business structures that will begin to emerge in 2011.

Future success will depend upon you extracting maximum performance from the owners of the business. This is achieved by ensuring that individual objectives are in line with business objectives, which align with the organisation’s strategic plan. Innovative reward structures linked to SMART objectives will bring the best out of people at all levels of your business but especially the owners. Cann Consultancy has experience of designing and implementing remuneration plans that improve profitability.

Sometimes it is lonely at the top. It helps to have someone outside of the ownership structure to bounce ideas off, and to keep senior management on-track. Cann Consultancy has experience of mentoring at the highest level and can help managing owners achieve personal and business success.

Sound financial management is key to any successful business. Cann Consultancy has experience of designing financial management information and reward structures so that it concentrates on cash collection rather than the more traditional time recording and billing (both of which are vital performance indicators) so that reducing ‘lock-up’ becomes a priority in the business and staff are rewarded for bringing in the ‘life blood’ of any organisation.

Nobody likes change, and yet a dynamic legal business wishing to compete after 2011 is going to have to change like they have never changed before. Cann Consultancy has many years of experience of managing change at all levels and can make the process as pain free as possible for your owners and staff.

Client satisfaction is the measurement of performance that drives all others. Without it a legal business cannot survive. So why do so few firms measure this? Cann Consultancy has experience of designing and implementing internal and external client satisfaction procedures to ensure that the owners of the business have a very good feel for what their clients think of them.

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