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04 December 2008 / Chris Parr
Issue: 7348 / Categories: Features , Profession
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Client care

Should keeping clients happy be a  law firm’s highest priority? Without a  doubt, says Chris Parr

How much of a law firm’s activity  is actually dedicated to, or  orientated primarily around, its  clients?

If partners are honest about the  answer to that question, they may find  that they are in the 40–50% range.  Consider that. Essentially, all of a firm’s  income comes from its clients; so why  would a firm not have those clients in  mind in everything it does?

The CEO of one organisation for  which I used to work (not a law firm)  once made a statement: “Do not hold  any meeting unless the primary purpose of that meeting is to add value to a  client or to the clients in general.” Th e  organisation met this with incredulity.  What about all the “administration”  meetings that are required in the life  of a company? What about budget  meetings and meetings to discuss HR  and location issues? There seem to be  many reasons to meet which do not  relate to the clients of the

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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