Professional Practices Alliance (PPA)

ALT In this recording, Chair Corinne Staves (Partner, CM Murray LLP), Dr Robert Millard (Cambridge Strategy Group), David Shufflebotham (PepUp Consulting), and Zulon Begum (Partner, CM Murray LLP), are joined by guest speaker Siobhán Lewington, Partner at transatlantic legal recruiting firm, Macrae. The panel explore the key challenges involved in attracting and retaining ‘high flyer’ partners, who are often at the very heart of the engine room of many firms.

ALT Join us for the next Professional Practices Alliance (PPA) webinar, ‘How Do You Attract and Retain ‘High Flyer’ Partners?‘ on Wednesday 11 September at 9.00am BST. See below for full details and register your place here. This discussion will explore the challenges involved in attracting (whether by recruitment or internal promotion) and retaining the ‘high flyer’ partners that can be at the very heart of the engine room of many firms.

ALT Managing Partner Performance in Professional Services Firms, Evaluating Contribution and Using Partner Processes to Drive Your Firm’s Strategy: PPA Webinar Recording: https://www.cm-murray.com/knowledge/managing-partner-performance-in-professional-services-firms/

ALT Making decisions on partner remuneration and promotion can be hard - and this is the time of year when it all happens! Join Join us for the next Professional Practices Alliance (PPA) webinar, 'Managing Partner Performance in Professional Services Firms, Evaluating Contribution and Using Partner Processes to Drive Your Firm’s Strategy', on Thursday 11 July 2024 at 9.00am BST. Register your place here: https://us02web.zoom.us/meeting/register/tZwkd-6pqDgpG9xPHDOaCY4FtlzbF5r-xEeQ#/registration Our panel brings together expertise in remuneration structures and their implementation and application, managing partner performance – both over and under performance, fair and lawful decision making and discrimination law. They will share their experience and insights on these issues, which affect all professional services businesses on a regular basis.

ALT Join our panel for the forthcoming PPA webinar Cash, Remuneration & Economic Uncertainty, where our panel will explore: Navigating cash pressures: The financial challenges facing modern law firms, including escalating costs, high interest and basis period reform. Strategies for success: How can these pressures be managed? From more robust time recording practices to optimising remuneration systems and KPIs, we will discuss the key elements for financial resilience. Technology and AI: How can these be used to drive change and how do you ensure they are adopted fully and used effectively? The future of law firms: What does the future hold? We look at long term vs short term investment models, PE in law firms, succession planning and related SRA implications. Date: Thursday 23 May 2024 Time: 9.00am-10.00am BST

ALT The Sixth Generation Law Firm: Law firm business models in the age of digitally-enabled legal services

ALT 🚨 Calling all #lawfirm managing and senior partners, CEOs, FDs/CFOs and law firm board/executive committee members 🚨 Join us during the afternoon of 29 November as the Professional Practices Alliance gather law firm leaders for a workshop on law firm mergers. The event will include: 🟡 Key-note address on the findings of an extensive, cutting-edge PhD research project into the drivers of success across 73 large law firm mergers that took place between 2004 and 2017. 🟡 Fireside chat between expert merger advisers, including how to achieve a successful merger and why potential mergers fail. 🟡 Interactive group discussion on handling common issues which arise during the merger process, and the challenges of managing and communicating with the wider partner group. Places are limited to ensure the group is small enough to generate meaningful discussion among peers. Register your place at www.professionalpracticesalliance.com

ALT 🎧 Listen to the recording of the recent Professional Practices Alliance webinar, 'Moving The ESG Needle For Law Firms – Deciding What Matters And What Can Be Achieved': https://www.cm-murray.com/knowledge/moving-the-esg-needle-for-law-firms-deciding-what-matters-and-what-can-be-achieved-ppa-webinar-recording/

ALT 🤑 Show Me The Money! Shaping a dynamic and flexible profit sharing system to smooth the bumpy road of succession 🤑 Listen to the webinar recording here: https://www.professionalpracticesalliance.com/2023/07/show-me-the-money-shaping-a-dynamic-and-flexible-profit-sharing-system-to-smooth-the-bumpy-road-of-succession/ #ProfessionalServices #PartnershipLaw #ProfessionalPractices #LawFirmManagement #ProfitSharing

ALT Join our panel of experts at the next Professional Practices Alliance webinar, ‘Moving the ESG needle for law firms: deciding what matters and what can be achieved’, taking place on Tuesday 18 July. In this session, we will consider: Materiality – What is important and hence needs to be managed, and what is not (hence can lead to accusations of ‘greenwashing’?) Stakeholders – How do firms decide who their stakeholders are when determining their policies and approaches to ESG? Client acceptance – To what extent should ESG be a factor when considering whether to accept instructions? How much ESG due diligence should firms be doing on prospective clients? Governance – Can firms instil culture/good practice through effective governance? What can be done if partners/employees make statements or act in a way which challenges that culture? Regulation – Should regulators be providing rules or guidance as to when it is or it isn’t appropriate for firms to act for certain clients?