Today solicitors run a business. Solicitors sell their knowledge as time – Time is a valuable commodity but only if you value it correctly.
Businesses need to make a profit but they must also comply with mandatory outcomes and "sound financial management," so effective client fee management is essential to ensure both increased turnover and profitability.
During the course, experienced lecturer Sue Edwards will offer viewers with practical guidance on how to determine the correct fees to charge and how to approach the billing of clients, as a well drafted bill that fully focuses on what the client wants and needs to understand will reduce the likelihood of a complaint about the bill.
Whilst this course will be of particular relevance to the private client, with changes to legal funding this will become increasingly applicable to all client dealings and will discuss the pros and cons of quotes versus estimates and fixed costs versus no fixed costs
On completion of this course you will:
Do you want to continue your session?