Please select the most appropriate response to each statement by clicking anywhere in the response box.
1. Are all partners aligned and motivated to grow your practice?
Yes
No
Unsure
2. Can you attract and retain experienced fee earners with the necessary skills to support your practice growth objectives?
Yes
No
Unsure
3. Do you have a formal plan to generate strong repeat business from your existing client base?
Yes
No
Unsure
4. Has your practice developed a unique identity to differentiate itself to clients?
Yes
No
Unsure
5. Will your practice generate at least a 20% increase in profits over the next 12 months?
Yes
No
Unsure
6. Are you using contract lawyers and outsourcing of non-core activities to reduce your practice’s resource gap and fixed operating costs?
Yes
No
Unsure
7. Have you identified and implemented ways to minimise high risks to your practice? (e.g. cyber-attacks, data breaches, disputes, partners or staff taking clients)
Yes
No
Unsure
8. Does your practice have strong internal financial and business management systems and skills, supported by external advice?
Yes
No
Unsure
9. Have you conducted a recent technology audit to focus your IT spend and improve practice productivity?
Yes
No
Unsure
10. Are your practice operating model and growth prospects attractive to new and existing partners and associates?
Yes
No
Unsure