There are a number of elephants in the room at present:
1) Alternative Business Structures
2) Mergers & Acquisitions
3) Jackson / LASPO
Law firms, whether you are a sole practitioner, small high street practice or even regional & national firm will be affected.
Solicitors and law firms, both traditional and modern will need to adapt and take any advantage or opportunity that may help them rise above the new entrants in the market and the storms rumbling on due to LASPO, and and adopt best possible working practices.
One of which would be to ensure your fee earners are employed in the most costs effective way – fee earning. The second thing would be to employ the services of experts in the field of costs and profitability – namely a costs lawyer.
Why would you do that?
The main one is that they are the most up to date on costs law, CFAs, ATE disputes, third party costs orders etc. But another point often overlooked is that the costs lawyer has the added benefit of comparing what other firms are doing with what you are doing and helping in an advisory capacity to improve best working practices.
Contact Carlisle Legal Costing on 01228 63 55 45 to discuss how we can help you further.
We will be happy to attend your offices to host costs seminars and training, or visit us for our next one coming next month.