IBA Annual Conference Sydney 2017
8 Oct - 13 Oct 2017
Parkside Ballroom 2, Convention Centre, Level 2
Session information
Law firm management profit-increasing café: how to remain valuable, cost-effective and successful
Tuesday 10 October (0930 - 1230)
Committee(s)
Law Firm Management Committee
(Lead)
Description
We will look into the question of how to grow the firm profitably and successfully in today’s competitive and difficult markets. We expect that participants in the café will discuss critical issues and current challenges in areas such as: • Is there any chance for the best law firms, to sustain their leadership by offering such high-quality services that will overcome budget restrictions? • Who and what are those premium law firms, that manage to remain valuable and expensive, notwithstanding the growing price pressure and other market challenges? Who are their clients, and what their clients want and expect? • How do law firms overcome pricing challenges from clients and keep legal work cost-effective? • How do law firms focus on valuable work at higher profit margins? • How do law firms increase profit margins despite competitive pressures? • How do law firms make commodity work more profitable if there is less premium work? • How do law firms maintain profits by achieving higher efficiency? • How can cashflow challenges be overcome? • How do law firms invest in technology so that profitability will increase? The café format will also allow the table to discuss these issues and explore real situations faced by participants, as well as insights and solutions.
Session / Workshop Chair(s)
Nick Carter-Pegg | BDO, London, England; Member, Law Firm Management Committee Advisory Board |
Speakers
Babatunde Ajibade SAN | SPA Ajibade & Co, Lagos, Nigeria; Member, Law Firm Management Committee Advisory Board |
Robert Bata | WarwickPlace Legal, Paradise Valley, Arizona, USA; Secretary-Treasurer, Senior Lawyers' Committee |
Bryan Bourke | |
Yong-Jae Chang | Lee & Ko, Seoul, South Korea; Membership Officer, Water Law Committee |
Stuart Clark AM | Clayton Utz, Sydney, New South Wales, Australia; Asia Pacific Regional Forum Liaison Officer, Regulation of Lawyers Committee |
Dragan Dameski | Debarliev, Dameski & Kelesoska Attorneys at law, Skopje, North Macedonia; Conference Quality Officer, European Regional Forum |
John Kettle | Gadens, Brisbane, Queensland, Australia |
Hermann Knott | Kunz Lawyers, Köln, Germany; Member, Law Firm Management Committee Advisory Board |
Michael Lund | Mindstretch, Belo Horizonte, Brazil; Vice Chair, Law Firm Management - Strategy and Finance Subcommittee |
Moray McLaren | Lexington Consultants, Madrid, Spain |
Abhijit Mukhopadhyay | Hinduja Group, London, England |
Irina Paliashvili | RULG Ukrainian Legal Group, Kyiv, Ukraine |
Abe Schear | Arnall Golden Gregory, Atlanta, Georgia, USA |
Tshepo Shabangu | Law Society of South Africa, Pretoria, South Africa; IBA Council Member, Member Organisations |
Aku Sorainen | Sorainen, Tallinn, Estonia; Member, Law Firm Management Committee Advisory Board |
Gerard Tanja | Venturis Consulting Group, Wasenaar, Netherlands; Chair, Law Firm Management - Knowledge Management and IT Subcommittee |