3 hours SRA CPD

Speaker:  Kim Tasso

Some argue that with such volatility and uncertainty in the market there is no point in planning. Yet the need to understand the changes, decide on your course of action and focus your efforts has never been greater.

Those leading even small legal practices must get to grips with a variety of sophisticated management topics - finance, marketing, human resources, premises and technology. But where do they start?

This seminar offers a painless and pragmatic look at how to develop an effective plan for your practice that enables you to manage and monitor progress of your goals.

The following points will be covered:-

• Why do we need a business plan?
•  What goes into a business plan?
• A seven step guide to producing a plan
• Leading from the front

WHERE ARE WE NOW?

• Involving everyone in external and internal analysis
• What's going on in the legal market?
• Market mapping and service blueprinting
• Understanding client satisfaction
• Analysing your Strengths Weaknesses Opportunities and Threats

WHERE DO WE WANT TO BE?

• Creating vision and mission statements that inspire
•  Setting aims and SMART objectives
• Creating information systems that keep you in control

HOW WILL WE GET THERE?

• The ladder of growth
• Decisions, decisions - Value or volume? Make or buy?
• Where do we add value? - Matrices to select markets and services
• Finding your competitive advantage and differentiation
• Selecting strategies:
  • Financial
  • Operations and quality
  • Premises and facilities
  • Technology and knowledge
  • Human resources
  • Marketing and business development
  • Appointing a management team - Structure follows strategy
  • Communicating your plan and change programmes
  • Monitoring key drivers and the balanced scorecard approach
  • The use and abuse of plans