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18 January 2007 / Simon Young
Issue: 7256 / Categories: Features , Risk management
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Risk Management Focus

business plan—update annually
legal aid review—strategic choices
legal services bill—alternative business structures

Simon Young MBA is a solicitor and a legal management and training consultant. E-mail: simon@syoung.co.uk

 Q So, what was your New Year resolution this year?

 A To help you put a decent business plan
together. It’s not long now before the end of your financial year, so now is a good time to be getting down to it.

 Q We did a business plan two years ago. It was a three-year plan. Why do we want another one so soon?

 A I don’t care how long you said it was for at the time: the truth is that any business plan starts to degrade as soon as the ink is dry on the page. By the end of the first year it will be starting to look outdated, and by the end of the second—where you are now—it will be very tired.

 Q But surely the point of a business plan is to be looking forwards for a fairly lengthy period?

 A That’s right, as far as

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MOVERS & SHAKERS

Osbornes Law—Alex McMahon, Andrew Middlehurst & Harriet McMorrin

Osbornes Law—Alex McMahon, Andrew Middlehurst & Harriet McMorrin

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mfg Solicitors—Sarah Bradford

mfg Solicitors—Sarah Bradford

Partner arrival boosts law firm’s growing real estate team

Freeths—David Smith

Freeths—David Smith

Freeths secures major tax hire with appointment of David Smith

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Richard Lloyd’s independent review of the Legal Services Board (LSB) has delivered a devastating verdict, accusing the super-regulator of having ‘lost its way in recent years’
The House of Commons has passed the Hillsborough Law, in a historic achievement for campaigners, survivors and families of those who died in the 1989 stadium collapse
Judicial statistics show a steady rise in the number of female judges and Asian and mixed ethnicity judges in the past ten years—however, progress in terms of representation has stalled for both Black lawyers and for solicitors
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