Billing & Fees - Managing Financial Arrangements with Clients
- Podcast Location:
- Download it here [file size: 26.2 MB]
- Categories:
-
Practice Management, Marketing & Skills
- CPD Points:
- Up to 0.5 points. details »
Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:
Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)
Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)
Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)
- Cost:
- a) £65+VAT for this CPDcast only
- b) £299+VAT for unlimited access to all of our podcasts. details »
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- Length:
- 30 minutes of audio
- Plays on Computer:
- Yes Downloadable as MP3: Yes
- Contributor(s):
- Course Aims:
Considers how legal practitioners can ensure that they effectively manage fees with clients. Andrew provides practical advice on how to increase the turnover of a Law Firm through outlining how to avoid linkage and charging for key services that Lawyers can provide, such as Project Management. The podcasts also upon managing fees with clients to ensure that effective communication is maintained to avoid souring relationships arising with clients when approaching the issue of Client fees. Andrew discusses how Law Firms can provide clients with greater value and act as successful project managers in addition to offering carefully considered legal advice. Throughout the podcast, Andrew provides practical advice on managing clients fees throughout the project with the client.
- Outcomes:
- After completing the course you will:
- Understand how to increase profitability in a Law Firm through reducing the element of ‘linkage’ that exists in Law Firms.;
- Appreciate the biggest challenges facing Lawyers to maximise a Law Firm’s profitability and to ensure that a Law Firm continues to remain successful.;
- Allows the listener to gain a practical perspective on how to manage clients fees; including preparing a accurate fee estimate based on certain assumptions and ensuring effective communication throughout a project.;
- Comprehend how careful planning and ongoing and client-focused communication throughout a project can ensure that relationships with clients remain strong even after the final bill is provided to the client.
- Level:
- General Interest
- Classification:
-
Soft Skills
- Sources and References:
-
- There are no authorities mentioned in this podcast.
THIS CPDCAST IS NOT ACCREDITED BY THE BAR STANDARDS BOARD.
THERE IS NO QUIZ WITH THIS PODCAST.
In this CPDcast, Andrew Marshall, provides an insight into how to effectively manage financial arrangements with clients. The issues outlined include preparing a accurate bill estimate, managing the client's expectation of the bill and ensuring effective communication throughout the Litigation process.
Podcast last reviewed: 2011-09-26
