Legal Back Office’s Post

What are my large law firms doing with BigHand? quite a lot these days 👇 My UK top 200 clients are using our solutions to: 💡 Bid, win, and track new business, then easily submit directory entries 💡 Quickly produce legal and firm documents that are always on-brand 💡 Correctly price matters, then track budgets to improve client communication 💡 Allocate work to the best legal team, and develop and retain their talent 💡 Flow support tasks, not emails, to the right team for great internal service 💡 Serve up user-friendly data to drive action on KPI's and finance metrics Sounds a great place to work in one of these firms doesn't it - to find out how we might be able to help you just send me a message and I'll connect you with the right person for your firm at BigHand. #legalIT #lawfirmstrategy

🔵 Introducing FinLaw: Your Trusted Legal and Financial Consulting Partner ⚖️ At FinLaw, we pride ourselves on delivering top-tier legal and financial consulting services to businesses of all sizes. Our commitment is simple: high-quality service, delivered quickly, with your satisfaction as our priority. 🌟 Mission: At FinLaw, our mission is to deliver exceptional legal and financial consulting services that combine top-tier quality, rapid delivery, and unwavering client satisfaction. We provide tailored solutions to clients across industries, ensuring superior service is accessible at a reasonable price. 🚀 Vision: Our vision is to become the trusted partner for businesses worldwide, renowned for our ability to consistently deliver high-quality legal and financial solutions with speed and precision. We aim to set the industry standard in client satisfaction by building long-lasting relationships and driving success for our clients through innovative and cost-effective strategies. At FinLaw, we don’t just offer solutions—we partner with you to achieve success. #FinLaw | #LegalConsulting | #FinancialConsulting | #ClientSatisfaction | #Innovation #legal #consulting #corporate #baku #azerbaijan

𝗖𝗼𝗺𝗽𝗹𝗲𝘅 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗹𝗲𝗴𝗮𝗹 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀 𝗱𝗼𝗻'𝘁 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗯𝗲 𝗮 𝗺𝗮𝘇𝗲. 𝗛𝗲𝗿𝗲'𝘀 𝘆𝗼𝘂𝗿 𝗺𝗮𝗽. 𝘕𝘢𝘷𝘪𝘨𝘢𝘵𝘦 𝘊𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘭𝘦𝘨𝘢𝘭 𝘤𝘰𝘮𝘱𝘭𝘦𝘹𝘪𝘵𝘪𝘦𝘴 𝘭𝘪𝘬𝘦 𝘢 𝘱𝘳𝘰: 𝟭. 𝗣𝗿𝗲𝗽𝗮𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗸𝗲𝘆 • Understand transaction goals • Identify potential roadblocks • Gather all relevant documents 𝟮. 𝗔𝘀𝘀𝗲𝗺𝗯𝗹𝗲 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝘁𝗲𝗮𝗺 • Company Secretaries • Chartered Accountants • Corporate Lawyers and Industry experts 𝟯. 𝗖𝗼𝗻𝗱𝘂𝗰𝘁 𝘁𝗵𝗼𝗿𝗼𝘂𝗴𝗵 𝗱𝘂𝗲 𝗱𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲 • Leave no stone unturned • Document findings meticulously 𝟰. 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝘁𝗵𝗲 𝗱𝗲𝗮𝗹 𝗰𝗮𝗿𝗲𝗳𝘂𝗹𝗹𝘆 • Consider tax implications • Plan for regulatory approvals • Address potential liabilities 𝟱. 𝗗𝗿𝗮𝗳𝘁 𝗰𝗹𝗲𝗮𝗿 𝗮𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀 • Use plain language • Define terms precisely • Include all key provisions 𝟲. 𝗠𝗮𝗻𝗮𝗴𝗲 𝘁𝗶𝗺𝗲𝗹𝗶𝗻𝗲𝘀 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲𝗹𝘆 • Create a detailed schedule • Set realistic deadlines • Build in buffer time 𝟳. 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝗰𝗮𝘁𝗲 𝗰𝗹𝗲𝗮𝗿𝗹𝘆 • Keep all parties informed • Address concerns promptly • Document all discussions 𝟴. 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝗽𝗼𝘀𝘁-𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 • Consider operational impacts • Prepare for cultural changes • Set up monitoring mechanisms In complex transactions, details matter. Stay organized and vigilant. 𝘍𝘢𝘤𝘪𝘯𝘨 𝘢 𝘤𝘰𝘮𝘱𝘭𝘦𝘹 𝘵𝘳𝘢𝘯𝘴𝘢𝘤𝘵𝘪𝘰𝘯? 𝘓𝘦𝘵'𝘴 𝘴𝘢𝘪𝘭 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘪𝘵 𝘵𝘰𝘨𝘦𝘵𝘩𝘦𝘳. #VentureCapitalist #CompanySecretary #Consultant

𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗖𝗼𝘀𝘁𝘀 𝗼𝗳 𝗮 𝗟𝗮𝘅 𝗟𝗮𝘄 𝗙𝗶𝗿𝗺 𝗖𝘂𝗹𝘁𝘂𝗿𝗲 Law firm culture is usually discussed in positive terms of competitive advantage, collegiality, empathy, mutual trust and support. I could retire comfortably if I had a £ for every time I have been told that, “this is a nice place to work, everyone gets on, that is the most important thing, we don’t tamper with the firm’s culture”. Law firms, like any other business, thrive on financial discipline and operational efficiency. Yet, the legal industry is notorious for its diverse approaches to financial management, particularly when it comes to the conduct of partners. Some firms impose stringent rules and closely monitor partners' performance metrics, while others adopt a more laissez-faire approach, allowing partners considerable autonomy in their business practices. The latter, however, can lead to significant financial and operational challenges that can ultimately cost the firm dearly. Read more - https://buff.ly/3BcdW5k

𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗖𝗼𝘀𝘁𝘀 𝗼𝗳 𝗮 𝗟𝗮𝘅 𝗟𝗮𝘄 𝗙𝗶𝗿𝗺 𝗖𝘂𝗹𝘁𝘂𝗿𝗲 Law firm culture is usually discussed in positive terms of competitive advantage, collegiality, empathy, mutual trust and support. I could retire comfortably if I had a £ for every time I have been told that, “this is a nice place to work, everyone gets on, that is the most important thing, we don’t tamper with the firm’s culture”. Law firms, like any other business, thrive on financial discipline and operational efficiency. Yet, the legal industry is notorious for its diverse approaches to financial management, particularly when it comes to the conduct of partners. Some firms impose stringent rules and closely monitor partners' performance metrics, while others adopt a more laissez-faire approach, allowing partners considerable autonomy in their business practices. The latter, however, can lead to significant financial and operational challenges that can ultimately cost the firm dearly. Read more - https://buff.ly/3BcdW5k

While it’s a lot to ask of legal departments already juggling day-to-day operations and invoices, we STILL encourage you to attend our webinar tomorrow, Feb 27thm 12pm ET with Robin Snasdell and Mitratech Carve some time out to get serious about legal spend management (and legal spend savings). We'll help you uncover ways you can streamline and simplify what you get out of work — both internally and externally. Sign-up now, limited space. #morae #inhousecounsel #legal #legalspendmanagement #legaltech #legalops #elm #generalcounsel #legaldepartment

New week, new Humans of Axess Law feature. Meet Mahima Saini, a member of our accounting team here at #AxessLaw. 📣 Keep reading to learn about not only Mahima's background in law and financial management, but perhaps more interestingly, her love for the simple things in life - like waking up to catch a gorgeous early morning sunrise.☀️ #HumansOfAxessLaw #MeetTheTeam

Economic pressures, restraints on budgets, business expectations to deliver savings - what opportunities are there to explore for inhouse legal teams? Morae Legal Spend Management has delivered significant savings to our Corporate legal clients - what impact would, as a guide, a 10% saving deliver for your budget? Simon Meiklejohn is Morae's Subject Matter Expert on Legal Spend Management, for a confidential discussion on how Morae blends technology, knowledge and expertise to deliver significant savings, DM me and I'll tee up the conversation. #legalspendmanagement #legalspend #inhouselegal #generalcounsel

An update from me on the Senior Legal Finance Market... Lets get ready for a busy September!!👩💻 #seniorlegalfinanceroles #jobmarketupdate #currentliveroles