Practice review, retreat facilitation; strategy and management structures
Subsequent to the enactment of the Legal Services Act and the prospect of increased competition that it brings it is essential that partners:
- Undertake an objective assessment of their firms and their competitors; assess likely developments in each market; consider the implications of these on their firm
- Consider the merger and acquisition opportunities that may exist
- Develop a robust business strategy that is supported by all the partners or members and identifies realistic strategic goals
- Create appropriate team and departmental structures to help achieve the strategy
- Identify appropriate people to take on leadership roles
- Develop departmental and team marketing and business development plans that involve the lawyers in each area of work
Our assistance can include:
- Assistance in developing an appropriate business strategy; operational and management structures
- Away day and staff conference facilitation
- External surveys of clients and professional contacts
- Management team training and coaching
- Assistance with mergers - identification of target firms; due dilligence; assistance with integration and development of new management structures and strategy.
Business benefits of using our strategic services include:
- Greater resilience to respond to the challenges ahead and to take advantage of the opportunities that will arise
- Enhanced profitability
- Improved job satisfaction for staff and partners and better staff retention
- A more robust strategy through the input of external facilitators with a wide experience of the legal sector and the issues facing it
Contact:
Andrew Otterburn: +44 (0)1484 682928, andrew.otterburn@otterburn.co.uk or,
Fiona Westwood: +44 (0)1333 360777, faw@westwood-associates.com