Evidence your approach to financial stability and viability.
Sound financial management is the beating heart of any leagl practice.
Monitoring financial stability and business viability is a regulatoy obligation placed upon legal practices regulated by the SRA. (Code of Conduct for Firms, 2.4)
The Financial Stability Scorecard is designed to assess your cultural approach to finance in 3 keys areas:
- Financial Management
- Cash Management
The Financial Stability Scorecard Report offers a unique opportunity to improve your policies, processes, and procedures which will enable the firm to create a long term stategy to strenghten its approach to finance.