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8 Guaranteed Profit Drivers for WA Legal firms – Part 3

8 Guaranteed Profit Drivers for WA Legal firms Over the last 2 weeks we have explored these 4 Profit Drivers; Keeping Costs as Low as Possible Highly Structured and Efficient Billing and Debt Collection Marketing and Business Development Activities Strong Cashflow Management This week – let’s look at; Retaining Quality Staff Strong Financial Management RETAINING […]

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8 Guaranteed Profit Drivers for WA Legal firms – Part 2

Last week we explored Keeping Costs as Low as Possible Highly Structured and Efficient Billing and Debt Collection This week let’s look at Marketing and Business Development Activities Strong Cashflow Management MARKETING AND BUSINESS DEVELOPMENT ACTIVITIES Generally, this function is considered a soft skill – and not something you may consider a “finance” area of […]

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8  Guaranteed Profit Drivers for WA Legal firms

8  Guaranteed Profit Drivers for WA Legal firms Overall, WA legal firms have had a slow and disappointing recovery from our mining boom days.  Legal practices Australia wide have shown signs of industry pressure in areas such as automation, outsourcing and the continual client pressure to adjust billing models, while still maintaining revenues and the […]

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What to Expect from a Part-Time CFO

What to Expect from a Part-Time CFO The idea of hiring even a part-time CFO may seem to some SMEs a bit OTT—like paying Quentin Tarantino to make a 90-second home page video or booking Wembley Stadium for the company’s five-a-side friendly football match. But for companies whose ambition is to get into and survive […]

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What A Finance Director Can Do for Your Company

What A Finance Director Can Do for Your Company You might think a Finance Director’s role is confined to traditional finance activities, but today’s CFO can do so much more than count beans. In the past, an CFO’s responsibilities might have been confined to high-level accounting such as providing timely financial statements and monthly management […]

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The Rising Power of AI in Financial Services

The Rising Power of AI in Financial Services Artificial Intelligence (AI) is already transforming the way in which financial service companies are doing business. More and more of them are using AI to process information on their customers, cut costs, save time, monitor behaviour patterns, assess credit quality, automate client interactions, analyse markets, assess data […]

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