10 Key Fundamentals of Law Firm Economics - New & Updated for 2026

Introduction

The more profitable firms do not necessarily work more hours, but they do make sure those hours are spent wisely and with the right clients.

Updated for 2026, this webinar will guide you through how law firms generate profit, where opportunities for growth lie, and the practical levers you can use to improve both profitability and cash flow.

You will learn how to analyse your own firm’s financial performance and develop a clear, actionable strategy to drive profits without working a single extra hour.

This webinar is designed for everyone in a law firm, whether you work directly with clients or play a role in managing the business. It offers an essential foundation for those new to law firm economics and a valuable update for experienced professionals.

What You Will Learn

This webinar will cover the following:

• Cash flow management for law firms
• Managing your working capital
• How the kind of clients you work for effects profitability
• How you price your work
• How you manage your work
• How much of your available time you spend on client work
• How much of that time you invoice to clients
• Developing cash generation plans
• Maximising the efficient use of your people
• Controlling your other overheads

This pre-recorded webinar will be available to view from Friday 13th March 2026

Alternatively, you can gain access to this webinar and 1,900+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.