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Category Archives: Financial management

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Edge International Communiqué May 2013 – Firm Core Competencies, Budgeting as a Strategic Issue & Lateral Partner Integration

Posted in Financial management, Legal Profession, Management, Partners, Strategy
Nick Jarrett-Kerr on the core competence of firms (Sean Larkan, Edge International)

In the May edition of Edge International Communiqué Edge partners highlight three key focal points for legal leaders: Nick Jarrett-Kerr in ‘Core Competence and the Competitive Edge‘  considers three vital attributes that make up the core competence of a law firm,which he argues goes way beyond mere ‘competence’ – it: must imply sustainable value, in… Continue Reading

Ignore your law firm capital structure at your peril

Posted in Financial management, Leadership, Legal Profession
Goldman Sachs meltdown

Law firms seldom pay much attention to their capital structures. This has certainly been the case traditionally. Management of this important area was and still is often delegated to ‘the partner who seems to have the best handle on the financial stuff‘, sometimes the banking partner as he or she works with financial institutions! Given… Continue Reading