How legal firms can improve their financial management information

Aimed at Partners in small-medium sized legal firms on how to improve their financial management information, Veronique Walkey, Head of the Professional Services sector at Westcotts and Patrick Tigwell, Partner at the Exeter office, discuss three common areas that frequently come up in conversation:

• Format of how the management information is presented
• Estimates, including that all important work in progress (WIP) valuation
• Benchmarking tools and Key Performance Indicators (KPIs) – what should firms be looking at?

Veronique explains how Westcotts are here to collaborate with legal firms, to guide on how to go about making improvements to their financial information and to help them grow and progress their business.