Table of Contents

1. The Lexcel requirements for business planning and strategy;
2. Why plan? How to plan?;
3. Strategy post recession;
4. The Lexcel requirements for financial management;
5. Responsibility for financial management;
6. Budgets;
7. Variance analysis A monthly or quarterly management accounts;
8. Cash flow forecasts;
9. Other financial requirements: Annual accounts; Time recording; Procedures for billing clients and Procedures for handling
financial transactions; Appendices.

About the Author

Andrew Otterburn is a leading law firm management consultant who has advised around 250 firms of solicitors and barristers chambers in the UK and Ireland. He has undertaken extensive consultancy work for the Law Society of England & Wales, the Legal Services Commission and the Ministry of Justice. He is vice chair of the Executive Committee of the Law Management Section and a founding member of the Law Consultancy Network.