Latest Briefings

Growing up: how to achieve rapid growth without creating reputation risk

As businesses grow and change, so the expectations of their stakeholders and the type of risk they face change too. Here we will examine three of the different reputational threats issues faced by companies that are growing quickly and who will come under greater scrutiny as they succeed.

From lockdown to lockup

Williams Lea’s Phil Muller and legal billing expert Giulia Mijuca say that accurate billing and cash collection is one of the largest concerns facing law firms today – and the process behind them needs to change.

The journey of two senior lawyers – How leadership development changed everything

This is the first in a series of articles based on a panel discussion with Caroline Skinner, the General Counsel for G4S Europe Middle East, and Ingrid van Berkel, a former Eversheds Sutherland Partner and now a TPC Leadership executive coach and facilitator. Here they unpack how their experience of leadership development resulted in explosive personal growth.

One quantitative metric to rule them all

Although the Financial Conduct Authority (FCA) opened its consultation on ‘fair value for money’ in defined contribution pensions in June 2020, its update got me thinking about the proposed obligation on firms to deliver ‘fair value’ under the Consumer Duty.

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Chris Lowe & Lothar Wegener

WFW financials pick up after sluggish results last year

Watson Farley & Williams’ financials have rebounded after a sluggish 2017/18, with average profit per equity partner rising by 11 per cent to £562,000. The PEP increase comes after a £100,000 dip in the previous financial year, alongside a similar fall in net profit for 2017/18 and 2 per cent growth in global revenue. The […]

Edinburgh

Financials 2019: Profits rise at Brodies and Shepherd & Wedderburn

Two of Scotland’s largest independent law firms, Brodies and Shepherd & Wedderburn, have reported growth in both revenue and profitability for 2018/19. Brodies, which is Scotland’s largest firm, saw its turnover increase by 12 per cent from £68.6m to £76.9m, while profits before partner distributions also saw double-digit growth of 14 per cent from £32.9m […]

David Pollitt, DAC Beachcroft

Financials 2019: DACB turns net debt into net cash

DAC Beachcroft has posted a strong set of results for the 2018/19 financial year, consolidating on the previous year’s growth, as well as turning net debt into net cash for the first time since David Pollitt took over as managing partner. A 6 per cent increase in turnover from 2017/18 saw the firm rise from […]

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