5-day seminar at Executive Campus HSG, St.Gallen or online
Accounting, Pricing and Finance
This module will make use of important controlling instruments to provide participants with the competence to make the essential developments and financial success factors in the environment of legal services visible and controllable. Participants will acquire the ability to read and interpret financial statements and balance sheets. The principles and methods of company valuation will also be addressed. Finally, this knowledge will be transferred to the legal service providers’ market, and their relevance to legal departments and law firms will be analysed. What turnover model is applied by legal firms, what compensation models are used by clients, and how can efficiency be improved?
The module is offered hybrid (on-site and online). Subject to change.
This module is intended exclusively for lawyers.
For more detailed information, please refer to our brochures.
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Contents
- Understanding and interpreting financial statements, balance sheets and profit and loss accounts
- Liquidity planning, cash flow calculation and cash flow statement
- Investment calculation, shareholder value
- Financial markets, profits and risks of shares and bonds
- Controlling in legal departments and law firms
- Sustainable budgeting and offsetting models for legal departments
- Pricing strategies and compensation models
- Golden formula for the optimisation of partner incomes in law firms, value drivers and growth
- Figure-oriented management in legal departments and law firms (KPI), balanced scorecard and other tools
- Partner models and compensation models for partners and associates, and general counsel and inhouse counsel, respectively
Fees
CHF 4,600
Course fees include materials, break refreshments and lunch. Participants must pay the additional costs for other meals, travel and accommodation.
Target Groups
Lawyers working in companies, public administration and law firms
Language
German
Certificate awarded
Certificate of attendance
ECTS credits
3
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