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Live Q&A: Critical Actions for Law Firms and other Professional Services Firms to Weather an Economic Downturn

How can your firm best protect its workforce and financial stability during the current crisis? What can your firm do from a partnership law, employment law and strategic perspective to prepare for the looming economic downturn? By now, you probably have most or all of your people working from home. You will likely have ironed out the initial IT obstacles and initial rounds of communication to get everybody operational within this new reality.

You will now likely be thinking about what needs to be done to get through the next few weeks with the minimum of further disruption to your firm. You might even be starting to think about how things might be different when ‘normality’ returns. Will there be a ‘next normal’, or have we seen the end of normal? How will your firm’s future, as viewed from mid-2020, be different from as viewed just a couple of months ago?

Our partners, Zulon Begum (partnership governance, structuring and M&A specialist) and Sarah Chilton (partnership and employment disputes expert) will join guest speaker Rob Millard of Cambridge Strategy Group (specialist business strategy consultant to professional services firms), to answer your questions and guide you on how your firm should:

1. Manage cash flow and working capital in practice and through the partnership agreement.

2. Get the most out of its technology and outsourcing to improve efficiency, reduce costs and open up new opportunities.

3. Optimise the partnership and workforce (including the entitlement to and legal risks of alternative working arrangements and managing partner exits).

4. Avoid discrimination and whistleblowing pitfalls.

If you are a Managing Partner, Senior Partner, CEO, General Counsel or HR Director or Equity Partner of a law firm or other professional services firm or an adviser to such professional services firms, please click the link below to register to attend and take part in this live online event.

Date: Monday 20th April, 2020

Time: 9.00am – 10.30am (BST)

Register to join the live Q&A here.