Grow Your Law Firm Webinars

 

Welcome to my Grow Your Law Firm webinar series.

My name is Matt Schlyder and I’m a Chartered Accountant specialising in law firms. Our webinars will cover a variety of topics that will help guide you to becoming Financially Well Organised. Our webinars are created to keep you informed, with the added convenience of not leaving your office. Our team is committed to guiding your Financially Well Organised future. We hope you will be able to join us for our upcoming monthly webinar series and that you find them beneficial. To view our previous webinars please click here

 

THE 3 STEP PROCESS TO CASH FLOW SUCCESS
Without positive cash flow, an otherwise profitable business can die. Your cash flow processes must be designed to suit your needs, not your clients. The key to great cash flow, apart from great profitability, is a simple 3 step process: engagement + billing + systems. In this month’s Grow your Law Firm webinar we’ll give you insights into what I have seen in firms that has resulted in their poor cash flow outcomes, but more importantly, I’ll give you a solution to turn it around.

Wednesday 19 April 2017 View the recording

 

STRATEGIES FOR PROFITABILITY IMPROVEMENT

Are you working hard but wondering where the profit is?
Your accountant is saying “you made a profit, but where’s all the cash?”
If so, then this webinar is for you.

In this month’s Grow Your Law Firm webinar, I am going to unlock the Top 5 strategies for profitability improvement that law firms are now implementing around Australia to generate more profit and cash flow. The good news is, you can do it without finding new clients and without any extra expenditure.

Wednesday 22 March 2017 View the recording

 

SUPERANNUATION CHANGES EXPLAINED
The superannuation changes are now law and commence on 1st of July 2017. Whilst on the surface they seem straight forward, like most things tax and super, the devil is in the detail, and depending on a whole range of variables, you may or may not need to take action before 30 June.

In this webinar, I will endeavour to highlight the key changes and issues that will effect you and outline what we need to do before 30 June 2017.

Tuesday 28 February 2017 View the recording

 

IS AN ILP RIGHT FOR YOUR FIRM?
Legal firms can now enjoy the same structuring advantages as most other businesses in Australia.  There are many advantages of incorporation, so how do you know whether incorporation is right for your firm.  Some of the feedback I’ve had from firms around incorporation is:

“If I was starting our in practice now, I’d do it in a heartbeat.”
“It all seems a bit too hard and time consuming.”
“I really don’t understand the benefits of incorporating.”
“It seems to expensive from a stamp duty and maybe a payroll tax perspective, but I’m concerned about capital gains tax.”

In this month’s Grow Your Law webinar I will demystify incorporating your practice and highlight for you what is usually the overwhelming net benefit that results in most cases.

Tuesday 29 Nov 2016 View the recording

 

CASH FLOW – GET IT RIGHT!
Cash flow is the lifeblood of any business. Without positive cash flow, an otherwise profitable business can die. Too often great businesses fail because they run out of money. Your cash flow processes must be designed to suit your needs, not your clients. The key to great cash flow, apart from great profitability, is a simple 3 step process: engagement + billing + systems.

In this month’s Grow Your Law Firm webinar we’ll give you insights into what I have seen in firms that has resulted in their poor cash flow outcomes, but more importantly, I’ll give you the solution to turn it around.

Tuesday 25th October 2016 View the recording
 

 

PROACTIVE REVENUE = MORE MATTERS + MORE FEES
Too many firms sit back and wait for the revenue to walk through the door.  They systemise nearly everything in their business to reduce the risk of wrong advice to their clients, but this is after you’ve won the work. Winning the work is another system that you must build in your firm for revenue to grow. After all, if you don’t win the work, you can’t do the work.  In this month’s webinar, I’ll show you the steps to ensuring the revenue keeps coming through the door. You’ll understand the key revenue growth equation that drives the growth of your firm and the actions to focus on to ensure you keep winning the work.
Wednesday 21st September 2016 View the recording
   

 

THE TOP 5 STRATEGIES TO MAKE MORE PROFIT AND CASH FLOW DOING THE SAME WORK
I’ve reviewed the financial performance of hundreds of 1-3 principal legal firms throughout Australia.  You know what, it’s the same story over and over again. “Everyone’s busy, but I don’t see it in the profit.” “The accountant said we made a profit but where’s the cash?”  “I need to win more work, but I don’t have time.”

In this month’s Grow Your Law Firm webinar, I am going to unlock the Top 5 Strategies that firms are now implementing around Australia to generate more profit and cash flow.  And the good news is, you can do it without finding new clients, and without any extra expenditure.

Wednesday 24th August 2016 View the recording
   

 

MY CHARGE RATE IS $500 PER HOUR, WHY DO I ONLY MAKE $90 PER HOUR?
There is a huge disconnect between your hourly charge rate and the actual revenue you make per hour.  The key number that you MUST measure in your firm is the average rate of revenue for the hours that you pay.  This is the Number 1 reason why firms struggle to improve their profitability.
In this month’s Grow Your Law Firm webinar, I’ll highlight the key actions to drive improvements in your profitability, but focusing on this key number, your average rate.  We’ll run through what you need to focus on to increase the average rate of revenue you make for each and every hour that you pay for.
 Thursday 28th July 2016    View the recording

 

 HOW TO INCREASE PROFITABILITY IN YOUR LAW FIRM
 Albert Einstein defined insanity as doing the same thing over and over again and expecting a different result. In this months Grow Your Law Firm webinar I’ll outline specific strategies a number of my legal firm clients have been implementing over the past 9 months to:

  • to increase billings from doing the same work
  • to increase cashflow without having to find new matters
  • engage their team to drive progress  

Register now to learn the simple strategies legal firms like yours are doing to make real changes in their practices.

 Wednesday 24th February 2016   View the recording
   
 
 FIX YOUR CASH FLOW BEFORE IT’S TOO LATE
 Cash flow is the lifeblood of your practice.  Most firms design their cash flow systems for the benefit of their clients.  Your cash flow system must be designed for the benefit of your practice, not your clients.  You must focus on reducing the Cash Gap.  This is the time between when you sign a costs agreement and when you receive the final payment for the matter. In this month’s Grow Your Law Firm webinar, I’ll show you that making a few simple changes to your systems can have a significant impact on your cash flow. There is at least $100,000 of cash flow improvement in most firms, from just a 10% improvement in their processes, and that’s before you grow new revenue.
 Wednesday 16th March 2016  View the recording