News

CORONAVIRUS WEBINAR RECORDING: Managing Your Firm's Cash Flow

The Surrey Law Society was delighted to offer members the opportunity to attend a webinar on 'Managing your Firm's cashflow during this period of uncertainty', which was presented by Co-Author of the Law Society's Financial Stability Toolkit, Peter Scott.  

  • To view of a recording of the Webinar, please click here.
  • To view Peter's slides, please click here .

About the Webinar:

The COVID-19 pandemic was in no-one’s plans for 2020 and, as most law firms are now working well below capacity, this presents an unprecedented challenge to both their short-term survival and their longer term futures. Firms will need to not only urgently implement contingency plans to safeguard staff and continue to look after clients but at the same time they will need to ensure they have sufficient cash flow for the foreseeable future.
Peter Scott, co-author of the The Law Society’s Financial Stability Toolkit, will provide advice and guidance on how to manage cash-flow during this period of unprecedented change, including:

  • Prioritising the collection and conservation of cash
  • Stress-testing cash flow forecasts against different scenarios
  • Monitoring financial stability and business viability

About the Speaker: 

Peter Scott is a solicitor and former Managing Partner of Eversheds London and European offices. He acts as an advisor, trainer and coach to law firms in relation to their financial, strategic, performance, reward and risk and compliance issues, with a particular focus on helping them to improve their competitiveness through effective performance management. He also acts as a 'discreet mentor' to many managing partners and CEOs.

Publications
Co-author of Financial Stability Toolkit (The Law Society)
Co-author of Measuring and Reporting for Law Firm Success (Ark Group)
Editor of Practice Management Handbook 2nd Edition (The Law Society

Peter is also a member of the Editorial Advisory Board of Legal Compliance magazine (Law Society), the Examination Moderator of The Institute of Legal Finance & Management and a frequent contributor of articles to professional journals on a range of topicsimpacting on professional service firms.

www.peterscottconsult.co.uk

Thursday, 23rd April, 2020