News

Running out of ideas to free up your time and improve profits?

26/04/2010

If you have considered having a Practice Manager but discounted one because it would be too expensive - then think again. Nick Ellin, who provides freelance practice management support (www.nickellin.com), advises that it can cost you nothing at all.
If your firm has never had a Practice Manager then even employing a proficient one fulltime should cost you absolutely nothing in the first year.
The savings that a Practice Manager can achieve from reorganising a few key work processes, rationalising and renegotiating the office supply contracts often more than compensate for any employment costs.

What is more, you know that expending your valuable fee-earning time on tedious but necessary office management chores is not cost effective.

Unloading your unpaid bills, staff, compliance, IT issues etc etc will mean that you will have more time in the day to do the things you really know you should be doing... recording chargeable time or attracting business!

This is all very well but taking on a new employee is a worrying prospect in these difficult times.

However senior partners agree with Nick that the idea of providing support on a flexible consultancy basis is a very attractive alternative.

The value of engaging a professional for so long and as often as you need with no ties is considerable. Everybody wins.The practice saves time and money and isn't lumbered with unnecessary employment restraints and support costs.
Nick Ellin is a qualified solicitor but now runs his own Practice Management Consultancy and can be reached on 01273 921821 or www.nickellin.com