OVERVIEW
Personal injury firms face a unique set of financial challenges, from managing long timelines for case resolution under contingency fee structures, to absorbing large upfront disbursements and navigating complex overhead costs. Without strategic financial management, even successful firms can struggle with cash flow, profitability, and long-term growth.
This practical webinar will provide guidance on how to strengthen the financial foundation of your practice. We’ll explore key strategies for managing case costs, staffing expenses, and disbursements, and we’ll share tips for making smart choices around case selection, firm structure, and long-term planning.
themes + agenda
Key themes
- Understanding personal injury case costs: Strategies for managing the unique nature of contingency fee-based practices and firm cashflow
- Managing costs associated with disbursements including expert reports and expert witnesses
- Navigating billing and payroll challenges in the firm
- Financial planning: Best practices for case selection and expense tracking
- Redefining firm structure to maximise financial potential