Sherwood Newsletter Spring 2007

Welcome to the latest issue of the Sherwood newsletter, which we publish whenever we think we have anything useful to say. In this issue:

How to manage profitability when coping with fixed fees. Law firms are finding that the traditional levers of profitability fail them as more of their work is done on a fixed-fee basis. This article, the first of two, provides alternative levers.

The selection process to promote barristers to silks has changed. Sherwood's Bar Group has been coaching candidates for the new Competition. This article provides some tips.

Many leaders lack a framework for making decisions. This decision model may help.

The best leaders are said to be “resonant”. What does this mean in the context of partners? Here a guest contributor reviews the most recent literature.

Digital dictation is the latest technological change to affect the secretarial role. Sherwood has conducted some first-hand research. This article provides the details.

Concerned about your business development focus? Here's a checklist to keep by your elbow that provides 10 top tips for building client relationships.

Finally, the next in our series of half-day Sherwood Workshops will be held in London on Tuesday 5 June at 0900. Learning to Improve Financial Performance is on the use of computer simulation in both training and performance improvement initiatives in law firms. You will have the opportunity to try out one of the Sherwood simulators during the workshop.