Finance for Lawyers 3 – Refresher

Live Online

Virtual classes –
tailored for your staff


At your office –
tailored for your staff


At your office –
tailored for your staff

Financial training for lawyers - FFL 3. Deal with financial information with more confidence. Using case study data you’ll calculate some key accounting ratios then interpret the results.

Financial training for lawyers – Part 3. How to value a business, the pros and cons of debt and equity finance, and how to assess financial stability.
Financial analysis and interpretation website image

Course Content

This course is a practical session designed to develop your commercial awareness and understanding of company accounts.  

Using exercises and a short case study you will advise on investment options for an expanding tech company.

You’ll learn to deal with financial information with more confidence. The session will revise the most common key performance indicators. Using case study data you will be challenged to calculate some key accounting ratios and interpret the results.

The session looks at how to value a business, the pros and cons of debt and equity finance, and key areas to help you assess financial stability.

Dealing with unfamiliar information in simple terms is the key to the success of this course. The course builds on the content covered in Finance for Lawyers 1 & 2.

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.


  • Finding your way around
    • The format and key elements of the primary statements – a quick reminder
  • Valuation Exercise
    • Using a sample P&L and Balance Sheet can you value a company
    • Submit ‘sealed bids’
  • Introduce the case study
    • Expanding company needs funding
    • One team advise the company
    • One team advise the investors
  • Using analysis and interpretation of performance indicators to assess
    • Profitability and efficiency
    • Gearing
    • Liquidity and solvency
  • Company pitch
    • What makes them an attractive investment opportunity?
  • Investor’s response
    • Assessment of risk
    • Additional information required
    • Areas of concern
  • Wrap up – what form should the investment take?
    • Debt or equity?
    • Company’s preference
    • Investor’s preference


As a result of attending the sessions you will:

  • Improve your ability to read and understand published accounting information
  • Practise using financial interpretation techniques to develop understanding
  • Explore different approaches to valuing a company
  • Identify key areas to help you form a view of a company’s prospects
  • 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


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

This session is not a pre-recorded webinar.


90 minutes


Fee earners who want to improve their financial awareness. 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 Maximum 16

Finance for Lawyers 3: Analysis and Interpretation - Live Online

90 minutes

Fee earners


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


Delivered face-to-face onsite at your offices.


Fee earners who want to improve their financial awareness Maximum 16

Finance for Lawyers 3: Analysis and Interpretation - Face-to-Face

90 minutes

Fee earners


This short 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.

The module complements Part 2 and 3 of our live Financial Training for Lawyers courses. It can be used as a post-course reference tool.

Understanding Company Accounts e-learning

Finance for Lawyers 1


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.


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

Finance for Lawyers 3 - E-learning Course (An introduction to financial analysis and interpretation)

1 hour

Fee earners

£30 + VAT

Financial analysis and interpretation website image


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


"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."
September 2018
"A well explained introduction to company accounts - thank you ”
"This course really helped me understand Company Accounts. In the past, I wouldn't have felt confident that my interpretation of accounts was correct. ”
"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. ”
September 2020
"The quiz was fun and kept attendees engaged as everyone got a chance to attempt the questions. ”
September 2020
"Doug was a great trainer and the pace/level of detail was perfect. Thank you!”
September 2020

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Outstanding. Everyone should go on this course. Great speaker. Really useful and practical.
Stephen Ross
30 April 2013
A very helpful session. Peter was an engaging speaker and I will definitely put his advice into practice. Although it felt like hard word to read articles/submit articles beforehand, it was very useful on the day.
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Good course length. I feel I have learnt things I can use straight away (not just in writing articles but writing generally). Very good idea to have specific articles to work on.
Julian McFall
30 April 2013
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