Articles covering 'reducing overheads'

Fighting the (financial) flab – costs that creep up (almost) unnoticed

on 1 April, 2013 No comments yet -

 When you’re running a business the costs can creep up when we’re not looking… (a little bit like putting on weight)… the next thing we know, we’re tied into contracts and weighed down by large overheads and we wonder how we got there?!

Lisa Newton (CoreLegal founder member and founder of Boogles Ltd, the London-based specialist bookkeeping service for solicitors and barristers) offers her latest perspective on what can be the difference between profit and loss for  law firms.

Article Categories: bookkeeping,Law firm management,outsourcing,Professional opinion,reducing overheads,smaller law firms
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Where do you REALLY make and lose money?

on 15 January, 2013 No comments yet -

One of the benefits of keeping good financial records, is that you can really analyse your data and understand what is making your business tick. Periodically – it might be quarterly, or annually – at the calendar year end, or financial year end… it would benefit you to spend an afternoon to look at what is actually happening in your business.

Lisa Newton (CoreLegal founder member and founder of Boogles Ltd, the London-based specialist bookkeeping service for solicitors and barristers) offers her perspective on what can be the difference between profit and loss for  law firms.

Article Categories: bookkeeping,outsourcing,Professional opinion,reducing overheads,Uncategorized
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Cloud computing for solicitors – key points of the latest ICO Guide

on 10 January, 2013 No comments yet -

“Excuse me, but I really would like to know how and where exactly you are storing, protecting and handling the personal data belonging to my clients!” 

Seems a simple enough and sensible Date Protection Act question for Solicitors and Barristers to ask, but be surprised by the number of IT companies, outsource IT service providers and cloud service providers who will try to side-step the question or convince you it is unnecessary to even ask.

CoreLegal member company Parachute IT take a look at one of the hot IT topics – Cloud computing. Following the publication of a recent guide on this subject they provide expert insights that solicitors and barristers should be aware of.

Article Categories: Cloud computing,Hot Topics,Law firm management,Legal IT,Legal software,reducing overheads,SRA compliance
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Outsourcing for Smaller Law Firms: Core Legal White Paper – Part 1 of 4

on 15 September, 2011 No comments yet -

Outsourcing some or all of your non-legal activities and tasks sounds great in theory – it can save you money and allows you to focus on the thing you do best, i.e. being a good lawyer. But is it really that simple? Find out below in Part 1 of the CoreLegal White Paper about ‘Outsourcing for Smaller Law Firms’.

Article Categories: outsourcing,reducing overheads,smaller law firms
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One Missed Day Makes Merger Costs Soar – Broker Claims

on 22 February, 2011 No comments yet -

Law practice merger costs are frequently far higher than they should because of avoidable poor planning, claims broker Jason Cobine of Cobine Carmelson, the legal insurance brokers.

Article Categories: Hot Topics,Legal Insurance,reducing overheads,Solicitors insurance
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FINDING A LEGAL BOOKKEEPER

on 20 October, 2010 No comments yet -

It can be a hard decision – how do I choose a legal bookkeeper? Questions to consider include:

  • What experience they should have? Can it just be an accounts clerk?
  • Or should it be someone with an accountancy qualification?
  • Or someone who claims to have legal bookkeeping experience?
  • Will I be OK with a friend or a family member?
  • Can bookkeeping be outsourced or should the bookkeeper be full time in house?
  • What sort of accounts packages experience do they need?

These are things that need to be taking into consideration when finding a legal bookkeeper.

Article Categories: bookkeeping,outsourcing,reducing overheads
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