Outsourcing seems to be a hot topic with Scottish legal firms, and The Law Society of Scotland. The following series of articles outlines points for consideration if you are thinking of outsourcing your cashroom.
- Could outsourcing your legal cashroom be the answer?
- Outsourced Cashroom – How can it work?
- Outsourced Cashroom – What to Expect
- Outsourced Cashroom – What not to Expect
Outsourcing your Cashroom
Part 1 of 4 – Could outsourcing your legal cashroom be the answer?
If outsourcing your cashroom is the answer, what is the question?
> My cashier is retiring soon, how will I replace her/him?
It is extremely difficult, nigh on impossible, to find a reliable legal cashier who aces accountancy and the accounts rules.
> My paralegal is also my cashier, we could take on more legal work – but where will we find the time?
You could increase your turnover, but cannot find the time out from other duties.
> If fear of running my own accounts did not stop me from opening my own law firm, how successful could I be?
You aspire to run your own successful law firm, but do not know where to start with Accounts Rules compliance and systems.
> I am out of the office a LOT, how can I have access to my firm’s financial information wherever I am?
By taking advantage of industry-leading software – you WILL have access to the information you need, wherever you are.
The answer? – OUTSOURCE YOUR CASHROOM!