CPD Seminar, Liverpool – Profitability Post-Jackson: Coping with Cost Cuts
Event on 2013-03-21 14:00:00
Profitability Post-Jackson: Coping with Cost Cuts
How will you cope with the impending reductions in fee income and profit margins? This CPD accredited seminar will discuss the set of proposals that will purportedly rebalance a system where claims and costs are out of control, and provide advice to help you maximise your cash flow.
Personal injury practitioners are facing extremely difficult times resulting in sleepless nights for many in the profession. Once the Jackson Reforms have been implemented the litigation world will be a radically different place to the one lawyers have been accustomed to for the last decade and a half. There will be a huge impact on the business model many law firms employ, which will require the development and maintenance of considerable skills when it comes to cost and case management. Although the profession has known about the cost-capping measures for some time the fixed cost regime has made many believe that costs are simply fixed too low to sustain a practice.
This professional seminar is a great opportunity to meet other professionals in the industry, gain required CPD points, and hear from experts about the new developments and how you can overcome the problems that these changes will bring.
The seminar will cover the following topics:
Surviving Cost Cuts
- Tactics for maximising your clients compensation
- Making the most out of your profit costs
- MOJ reductions & extension- where are we now?
- Knowing the stage exit points
- Oral or paper hearings?
Operational Pragmatism: How will Law Firms Flex, Adapt and Change to Remain Profitable?
- Taking stock- how will business re-model
- Valuing current & future WIP in personal injury caseloads
- Identifying “high risk WIP” and turning it into cash
- Providing reports on cash flow risk profiling, particularly in niche areas
- Identifying high value cases
- Maximising your return on investment in personal injury work
- Identifying ‘high risk’ fee earners
- Implementing systems to reduce the risk of negligence and underperformance
- The importance of a case management system that is fully utilized
- Gearing, training and up-skilling fee earners to perform higher value & niche work
Making Savings and Sourcing Cases from Online Marketing
- Reduce the cost of online marketing campaigns
- Improve the ROI and source more cases from your website
- Hints and tips for SEO & PPC in medical negligence
Daniel wood: Barrister at the Chambers Of David Steer, Q.C., 7, Harrington Street
Daniel joined the bar in 2000 after graduating from Law at the University of Leeds. While studying at Leeds he won a Ford and Warren Prize for ‘outstanding examination results’.
Before moving into a career in law, Daniel studied Anatomy and Human Biology with Environmental and Evolutionary Ecology at the University of Liverpool and had aspects of his research published in the ‘Journal of Human Nature’. He was also awarded the Paton Brown Scholarship for two consecutive years.
Daniel has a civil/common law-only practice after first practicing in crime for three years after joining the bar. His practice acts for both claimants and defendants and is predominantly personal injury based and deals with matters at all levels up to and including catastrophic injury, including clinical negligence cases. He also accepts instructions in residential landlord and tenant matters relating to possession matter including anti-social/nuisance behaviour.
Zoe Holland, Managing Direct Zebra LC
Zoe is a nationally recognised solicitor in serious injury litigation and clinical negligence. As a clinical negligence specialist, Zoe has lectured nationally, including for Manchester & Salford University on healthcare litigation issues, Walton Centre for Neurosciences on issues of clinical risk, and brain injury case management organisations. In her role as legal management consultant she has presented to national banks such as the RBS and NatWest and the national accountancy ICAEW Solicitors Group on issues of WIP valuation and injury litigation risk profiling.
As Managing Director of Zebra Legal Consulting, she works with law firms and their key stakeholders to implement operational and strategic processes to support law firms to profitably embrace injury litigation futures.
Andy Smith, Head of Online Marketing at Zoodle Media
With 12 years’ experience in Digital Marketing and having worked for some of the largest online marketing agencies in the UK, Andy supplies a wealth of knowledge, creativity and practical skills ready to enliven your internet marketing campaigns. An advocate of Online PR as opposed to traditional SEO and link building, as Head of Online Marketing with www.zoodlemedia.co.uk he is at the forefront of the new World of SEO believing “Links lie, Brand is better but Reputation is Ranking”.
Who should attend the Seminar?
This seminar is set at an introductory/intermediate level and is aimed at those who practise in the personal injury industry (Directors, Claims Handlers and those responsible for PR/Marketing)
Standard tickets: £210 + booking fee
Early bird tickets: £150 + booking fee (ends 8th March 2013 – 4pm)
Free place for any non-qualified individual with every paying Solicitor
The CPD event runs from 14:00 – 17:00 with networking and drinks from 17:00 – 19:00
at Hard Days Night Hotel
41 North John Street
Liverpool, United Kingdom