
The most successful lawyers are those who combine excellent technical skills with an insight into how clients' businesses operate. This programme will help junior lawyers avoid being perceived as commercially naοve by enabling them to understand the language of business and how to contextualise their advice.
PROGRAMME INCLUDES
What is commercial awareness and why do lawyers need it?
The fundamentals of business strategy, including popular strategic models
Finance recap: P&L accounts, balance sheets and cashflow statements
The different types of businesses by sector: their characteristics & illustrative metrics
The concepts of break even, economies of scale, return on investment and barriers to entry
What clients want from their lawyers and how you can become a valued adviser