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Understanding the revised Recovery Loan Scheme (RLS)
As the UK economy continues to face uncertainty from the COVID pandemic many UK legal practices may find continued pressures on cashflow...

Paul McCluskey
3 min read


Method in the madness of law firm finance
Albert Einstein, the famous theoretical physicist, is attributed to saying, “the definition of insanity is " doing the same thing over...

Paul McCluskey
4 min read


Understanding the Recovery Loan Scheme (RLS)
Businesses which have previously received support under the existing schemes will still be eligiblss facilities under this new scheme...

Paul McCluskey
3 min read


FINANCIAL BENCHMARKING SCORECARD - What Good Financial Performance Really Looks Like
Sound financial management must be the beating heart of any legal practice. Law firm leaders should complete a regular benchmarking...

Paul McCluskey
2 min read


Financial Health To Kickstart A New Year
For many people, the practice of making New Year resolutions is something that is attempted and failed within a few weeks of a new year. ...

Paul McCluskey
4 min read


Three Wise Kings of Law Firm Finance
As we look to welcome in a new year, the UK economy waits with anticipation over the prospect of an effective COVID-19 vaccination and...

Paul McCluskey
3 min read


Law firm banking - a decade of change
Heraclitus, the Greek philosopher and pioneer of wisdom, is quoted as saying "change is the only constant in life”. Never has this been more

Paul McCluskey
4 min read


8 Ways to Meet Your Lexcel Commitments
Law firms face an unprecedented challenge brought about by the COVID-19 crisis. With a prolonged period of ‘lock-down’ and social...

Paul McCluskey
3 min read


Preserving cash during the COVID-19 lockdown and beyond
Law firm failures due to a lack of cash is not a new concept, however, I think we all appreciate the problem is amplified during the...

Paul McCluskey
1 min read


Residual Balances – no longer an unavoidable problem
A long standing cause for action within law firms is the ability to effectively deal with Residual Client Balances. Whether these have...

Paul McCluskey
2 min read


TPMAs offer a new way of working to gain operational efficiencies
Technology is having a profound impact at all levels of our society. Nowhere is this truer than in the UK legal sector, where this is a...

Paul McCluskey
2 min read


I Demand You Show Me The Money
The Solicitors Regulation Authority recently confirmed, that effective from 25th November 2019 the new rules will come into effect. These...

Paul McCluskey
2 min read