Professional Services

Professional Services

The UK professional services market is undergoing a period of liberalisation and change, driven by new regulations and Government policy which demands greater industry transparency. Value for money and new initiatives are driving changes in the delivery of legal services resulting in new thinking, innovation, and a focus on infrastructure, assets and people.

KPMG has many years' experience in the legal and professional services sector, and an established track record in delivering results for our clients. We provide this by applying the ingenuity of our people, the understanding and insights that come from our knowledge of the sector and the commitment shared by everyone in the team.

 

Many professional service firms now accept that their finance functions will have to improve their game in the wake of the credit crisis.  So how can your finance department be the best?

The need to control costs can range from businesses looking to maximise productivity and revenue per fee earner to organisations experiencing financial stress that need to take costs out rapidly to survive.  Read the KPMG survival guide to managing cost.

If so, you are the one in five organisations producing reliable forecasts . The effect of poor forecasting has a deeper effect through its impact on strategic and operational choices. Plus, accurate forecasts have a critical role to play in managing partner expectations and their performance.  So what are the latest insights, trends and challenges in this field?

Contact

KPMG-UK-Bernard-Brown

Bernard Brown

Partner
KPMG LLP (UK)

020 7311 6605 | bernard.brown@kpmg.co.uk

Partnership Advisory Team Newsletter

This regular newsletter aimed at Partnerships covers flexible working; forecasting; creating value in a downturn; managing your brand; 10 to-dos for Audit Committees and an update of the Legal Services Act

Impact of the 2007 UK Legal Services Act - Survey of major companies 2008

The majority of large companies in the UK are happy to work with law firms adopting the various new structures possible under the 2007 Legal Services Act, a KPMG survey has found.

Establishing the Facts

Do you need to collect, review and disclose large volumes of disparate evidence to a Court, regulator or other legal forum?  Read how we have helped other legal firms and how we can support you.