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Client Money Interest Scorecard.

Maximise the returns on your client monies...

Are you ready to earn more interest on your client monies?

The primary objective of a law firm is not to focus on income from client monies, but you can’t ignore an opportunity to generate significant income with very little effort.

 

With the rising costs of doing business, an uncertain economic outlook and the difficulty of recruiting fee earners to help generate income, means law firm leaders must explore opportunities to protect profit levels.

 

The 'Client Money Interest Scorecard' is the first step to creating a sustainable strategy which will deliver valuable recurring income for your law firm.

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It takes only 2 minutes to complete, but will help to uncover how your firm could generate additional income. You’ll be presented with twelve multiple choice questions, and won’t be asked to provide any sensitive financial information. 

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You will receive immediate results and an opportunity to discuss how much extra you could be earning.

How can we help?

According the  LMS Financial Benchmarking exercise, the average fee earner bills £134k with a breakeven point of £121k.”

That is a ‘super profit’ of just over £13k for an entire year’s work.   

 

Understanding this fact means we can see why the finance function could generate more income than the average fee earner.

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​We are specialists at helping law firms to improve interest income from client monies.  Our knowledge of legal sector regulations and our deep understanding of banking practices helps us to source SRA compliant banking options which not only provide enhanced levels of interest but will also provide a contingent banking relationship that is ready to step in should your primary bank experience a prolonged systems outage.

 

This is why we developed our Client Monies Interest Scorecard.

paul mccluskey

"The Client Money Interest Scorecard is a free resource helping law firms to consider how to earn income from client monies.  Our understanding of law firm operations and our banking experience means that we are the leaders in this area,  helping law firms to generate valued recurring income."

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Paul McCluskey, Managing Director

CONTACT US:

Registered Address:

Gemstone Legal Ltd

Abbey House, 51 High Street,

Saffron Walden, CB10 1AF

 

Telephone: 01799 610 844

Email:  info@gemstonelegal.co.uk

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Gemstone Legal is a trading style of Gemstone Legal Ltd, registered at Abbey House, 51 High Street, Saffron Walden, Essex, United Kingdom, CB10 1AF. Company Register number is 12016461. We are registered with the ICO, ZA791611 and you can check via www.ico.org.uk. We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency our commission model is based on a percentage of the amount you borrow (this is based on the amount borrowed and the risk profile of the business). Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.

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