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.
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.
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.
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.
"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."