Optimising cash flow to ensure immediate improvements and long-term growth for your firm

Venue: London

Location: London, United Kingdom

Event Date/Time: Sep 24, 2009 End Date/Time: Sep 24, 2009
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Law firms are aware that their survival rests on optimising available cash. Howver beyond minimising lock-up and effective balance sheet management, what can you do to ensure effective cash flow management in your firm?

The potential impact of the Legal Services Act has overlaid short-term issues and the debate around the real value of Alternative Business Structures (ABS) has caused many law firms to review its capital management practices. Managing short-term working capital needs and investing in a capital structure to support the firm’s long-term growth and profitability are essential steps but this interactive one-day masterclass, you will take an in-depth look at today’s innovative and best practices in cash flow management.

Discover how to:
• Achieve an immediate impact on your firm’s cash requirements
• Establish the appropriate working capital profiles for your firm
• Permanently reduce your working capital requirements
• Gain maximum support for your programme by managing information flows
• Fulfil growing working capital needs versus maintaining control under financial pressure
• Utilise ABS as a succession planning tool to accommodate retiring baby booming partners
• Best practice tactics to mitigate foreign exchange risk

During the course of the day you will learn how you could to maximise your working capital with Alternative Business Structures and gain an understanding how your firm can position itself for a secure financial future and law firm valuation issues.