Finance for Lawyers 2 – Refresher

Live Online

Virtual classes –
tailored for your staff

Face-to-face

At your office –
tailored for your staff

E-learning

At your office –
tailored for your staff

Financial training for lawyers - commercial clients want lawyers who show commercial awareness. A practical introduction to key performance indicators - whether you love the numbers or not.

Finance for Lawyers 2 – financial training for lawyers that introduces the most common KPIs, tells you how they’re calculated and what they mean.
Financial analysis and interpretation website image

Course Content

Financial analysis and interpretation can be a difficult skill for lawyers to master. Whilst law firms have a tendency to market their lawyers as being ‘commercially aware’, few firms actually deliver on that claim.

You can gain a tangible competitive advantage if you can demonstrate to clients that you really understand their finances, performance indicators and what makes their business a success.

Financial training for lawyers to help you improve your commercial awareness and stand out from the crowd

The full course is delivered over three 90-minute modules. You will learn to deal with financial information with more confidence.

Dealing with unfamiliar information in simple terms is the key to the success of this course. The course complements the content covered in Finance for Lawyers 1 & 3.

Session 1 covers the basic components of a set of company accounts.

Session 2 introduces analysis and interpretation of the numbers.

Session 3 is a case study that gives you the chance to put new skills into practice.

Content

Finance for Lawyers 2: Key Performance Indicators
  • Going bust
    • Why do businesses fail?
    • How do you assess financial stability?
  • Analysis and interpretation – performance indicators explained
    • Profitability and efficiency
    • Gearing
    • Liquidity and solvency
    • Investor ratios
  • Case study – putting theory into practice
    • Provided with key performance indicators (KPIs) for 5 companies
    • Sector specifics – which is which?
    • Benchmarking and making comparisons
    • Analysis and interpretation of KPIs

Outcomes

As a result of attending the sessions you will:

  • Improve your ability to read and understand published accounting information
  • Know how to calculate the most common key performance indicators
  • Understand why the KPIs are important and what they tell you  
  • Appreciate the importance of developing your commercial awareness
  • Be encouraged to improve your knowledge of the economy, your clients’ businesses and financial reporting in a legal context

Format

Live online – an interactive session using quizzes, polls and breakout rooms

This session is not a pre-recorded webinar.

Timing

90 minutes

Delegates

Fee earners who want to improve their financial awareness

Maximum 16

Finance for Lawyers 2: Key Performance Indicators - Live Online

90 minutes

Fee earners

Face-to-Face

Covering the same content as the ‘live online’ course this session can be delivered as 90-minute modules or as a half-day course

Format

Delivered face-to-face onsite at your offices.

Delegates

Fee earners who want to improve their financial awareness Maximum 16

Finance for Lawyers 2: Key Performance Indicators - Face-to-Face

90 minutes - 3 hours

Fee earners

E-learning

Financial analysis and interpretation can be a difficult skill for lawyers to master. Whilst law firms have a tendency to market their lawyers as being ‘commercially aware’, few firms actually deliver on that claim.

You can gain a tangible competitive advantage if you can demonstrate to clients that you really understand their finances, performance indicators and what makes their business a success.

This e-learning course is designed to give lawyers a basic introduction to financial analysis and interpretation. It covers the most common key performance indicators (KPI), how to calculate them and what they mean.

Finance for Lawyers 1

Content

Our financial analysis and interpretation for Lawyers course provides an overview to the accounting concepts and terminology used by CFO’s, accountants and auditors when preparing financial statements.

The course covers:

  • The main categories of Key Performance Indicators (KPI)
    • Profitability
    • Liquidity
    • Solvency
    • Investor
  • Jargon busting explanations of the most common KPIs
    • The difference between gross profit %, operating profit % and net profit %
    • What are PBIT and EBIT?
    • What is gearing and why is it important?
  • Worked examples showing how to calculate each of the KPIs

Our KPI module is also useful as a quick reference tool, as you can search particular KPIs alphabetically or by category.

Outcomes

You will:

  • begin to overcome any fears you have of a company’s accounts
  • understand the most common KPIs and know how they are worked out
  • know what the most common KPIs tell you

develop your ability to analyse and interpret accounts at a basic level

Delegates

Trainees and fee earners who ‘know they should know this stuff’ but find it hard to get to grips with the numbers.  This course is the ideal starting point if they want to improve their commercial awareness.

Finance for Lawyers 2 - E-learning Course (An Introduction to Financial Analysis & Interpretation)

1 hour

Fee earners

£30 + VAT

Financial analysis and interpretation website image

Tutors

Doug Robinson website image
Doug Robinson
Rachael Davis-Stollar
Rachael Davis-Stollar
Tanya Gass website image
Tanya Gass

Testimonials

"The final section is excellent for a novice like myself. It demystifies the jargon as well as providing a very useful summary of how to calculate the various ratios as well as what they tell you about a company. The earlier sections build up to it but can be worked through pretty quickly."
Matthew
September 2018
"A well explained introduction to company accounts - thank you ”
CMS
"This course really helped me understand Company Accounts. In the past, I wouldn't have felt confident that my interpretation of accounts was correct. ”
CMS
"Very good online delivery – I found it engaging even though it was via Zoom and for quite a long length of time. I think it's difficult to be engaging for long periods of time via VC, but I found Doug very engaging and enthusiastic. ”
Fieldfisher
September 2020
"The quiz was fun and kept attendees engaged as everyone got a chance to attempt the questions. ”
Fieldfisher
September 2020
"Doug was a great trainer and the pace/level of detail was perfect. Thank you!”
Fieldfisher
September 2020

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