Legal Practice Management – Partners and Sole Practitioners March ‘25
Legal Practice Management – Partners and Sole Practitioners March ‘25
This Legal Practice Management Course will be conducted entirely online.
If you have any questions, please contact our Customer and Student Engagement team on Tel 02 9965 7111 or email cpd@collaw.edu.au
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Making the transition from solicitor to principal, or partner of a law practice, requires greater skills and understanding of managing the legal practice as a business.
Our Legal Practice Management Course (LPMC) is designed to provide you with everything you need and meets the Law Society requirements for removing condition 3 from your practising certificate.
During this course, you will:
- Learn the challenges and pitfalls of running your practice
- Understand the financial mechanics of your practice
- Learn about developing a business plan
- Apply professional responsibility and ethical practice requirements
- Manage legal practice risk and avoid negligence
- Learn marketing and business development strategies
- Incorporate practice management systems and new technologies
- Implement effective people management techniques
- Learn about trust accounts and Lawcover
- Understand how to better manage and supervise staff
- Understand stress and how to balance personal and professional objectives
Workshop Dates and Times (all workshops are delivered virtually via videoconference):
- Monday 10 March 2025, 9.00am-5.15pm AEDT
- Wednesday 12 March 2025, 9.00am-5.15pm AEDT
- Friday 14 March 2025, 9.00am-5.15pm AEDT
Please note that:
- there will be regular breaks in the program, including 1 hour for lunch each day; and
- the end time of 5.15pm is approximate; some sessions may end earlier or later.
All components of the course, as set forth below, must be undertaken for satisfactory completion. The Law Society of NSW is notified of satisfactory completion approximately 4 weeks after the workshop.
Please read below for course requirements.
Alumni Discount
College alumni are entitled to save 10% off the fee for this course. Use ALUMNI10 at the checkout.
Course Outline
Topics include:
- Business planning and development
- Work and people management
- Financial management and profitability
- Financing your practice – taxation strategies
- Ethics and professional responsibility
- Trust money and trust records
- Setting up the trust account
- Trust account pitfalls and problems
- Lawcover and risk management
- Practice management systems
- Managing technology and innovation
- Stress management
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Component |
Activity Name |
Format |
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Pre-workshop online interactive activities |
Preliminary participation |
Online, short answer and multiple-choice quizzes (self-test) plus trust accounting software activity |
|
Attendance and participation
|
Workshop |
A series of online workshops held over three days - attendance and satisfactory participation |
|
Assessment |
Online post workshop assessment |
Short answer questions - 50% pass mark in each section |
All three components must be undertaken for satisfactory completion. The Law Society of NSW is notified of satisfactory completion approximately 4 weeks after the workshop.
This course has been specifically designed for legal practitioners who want to practise as a sole practitioner or partner.
AEDT: Australian Eastern Daylight Time
If you intend to claim CPD units for this educational activity, please note that CPD activities are not accredited by the Law Society of NSW or any other equivalent local authority, with the exception of Western Australia. If you hold a practising certificate in a state or territory other than Western Australia and this educational activity extends your knowledge and skills in areas that are relevant to your practice needs or professional development, then you should claim one (1) "unit” for each hour of attendance, refreshment breaks not included. The annual requirement is ten (10) CPD units each year from 1 April to 31 March. Some practitioners, such as accredited specialists are required to complete more than ten (10) units each CPD year.
On successful completion of the LPMC, you can claim up to 10 CPD units.
The program covers the mandatory requirements of Ethics and Professional Responsibility, Practice Management and Business Skills and Professional Skills.