Strategic and financial planning for law firm
Strategic and financial planning for law firm
Stout was retained by one of the largest non-profit law firms in the country to create a strategic plan. This plan was designed to create a culture of innovation, achieve transformative change for clients and communities, and maintain financial sustainability. The engagement included developing a variety of assessment tools and business processes and procedures to improve internal culture and collaboration; identify opportunities for efficiency or synergies; refine management roles and responsibilities to align with strategic objectives; create workflow optimization; and develop unique strategies for long-term transformative change in the delivery of legal services to its clients.
Stout also provided guidance related to the development of standardized reports, key performance indicator dashboards, and new methodologies for the assessment of financial sustainability.