MBA with Professional Certificate in Law Firm Profitability

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MBA with Professional Certificate in Law Firm Profitability

Overview

Law Firm Profitability


Maximize profitability and growth in the competitive law firm market with our MBA with Professional Certificate in Law Firm Profitability.


This program is designed for ambitious law firm professionals and entrepreneurs who want to develop a deeper understanding of the business side of law.


Gain expertise in financial management, marketing, and operations to increase revenue and profitability, and stay ahead of the competition.

Learn from experienced instructors and industry experts who will share their knowledge and best practices.


Develop a comprehensive understanding of law firm management and profitability, and take your career to the next level.


Explore the program's curriculum and learn more about how it can help you achieve your goals.

MBA with Professional Certificate in Law Firm Profitability is a comprehensive program designed to equip aspiring professionals with the skills and knowledge required to drive law firm profitability. This program offers a unique blend of business acumen and legal expertise, providing participants with a competitive edge in the industry. By gaining a deeper understanding of law firm operations, participants can identify areas of improvement and implement strategies to increase revenue and profitability. With program completion, participants can expect career prospects in senior management positions, including Chief Financial Officers and Partners. (36)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
or
● 5 years or more of work experience in case you do not hold any formal qualification
and
● Learner must be 18 years or older at the beginning of the course.



International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content


Financial Analysis for Law Firm Profitability •
Law Firm Management and Organization •
Client Relationship Management and Retention •
Marketing Strategies for Law Firms •
Financial Planning and Budgeting for Law Firms •
Human Resources Management in Law Firms •
Law Firm Operations and Efficiency •
Strategic Partnerships and Collaborations •
Financial Reporting and Compliance for Law Firms •
Business Development and Growth Strategies

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by LSIB):
This stage leads to award of Professional Certificate.

Stage 3 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 3 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now

Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Law Firm Profitability

The MBA with Professional Certificate in Law Firm Profitability is a specialized program designed to equip aspiring professionals with the knowledge and skills necessary to succeed in the legal industry.
This program focuses on the financial aspects of law firms, enabling students to understand the intricacies of profitability and its impact on the overall success of a law firm.
By studying law firm profitability, students can gain a deeper understanding of the business side of the law, including financial management, marketing, and human resources.
The learning outcomes of this program include the ability to analyze financial data, develop business strategies, and make informed decisions that drive profitability.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is designed to be flexible, allowing students to balance their studies with their existing work commitments.
The industry relevance of this program is high, as law firms are increasingly looking for professionals who can contribute to their financial success.
By completing this program, graduates can expect to secure senior roles in law firms, such as financial managers or business development directors.
The program is also relevant to those looking to start their own law firms, as it provides the necessary skills and knowledge to create a profitable business.
Overall, the MBA with Professional Certificate in Law Firm Profitability is a valuable program that can help students achieve their career goals in the legal industry.

Why this course?

The significance of an MBA with a Professional Certificate in Law Firm Profitability cannot be overstated in today's market. According to a recent survey by the Law Society of England and Wales, the average annual profit per partner in UK law firms has increased by 10% over the past five years, with the top 10% of firms generating over £1 million in profit per partner.
Rank Average Annual Profit per Partner (£)
1-3 £500,000 - £750,000
4-6 £750,000 - £1,000,000
7-10 £1,000,000 - £1,500,000

Who should enrol in MBA with Professional Certificate in Law Firm Profitability?

Ideal Audience for MBA with Professional Certificate in Law Firm Profitability Law firm owners, managers, and professionals seeking to enhance their business acumen and profitability, particularly in the UK where the legal services market is highly competitive, with 70% of law firms reporting a decline in profitability in 2020 (Law Society of England and Wales).
Key Characteristics Typically have 2-10 years of experience in the legal industry, with a strong understanding of the law and business principles, and are looking to upskill and reskill to stay ahead of the competition, with 60% of law firms investing in employee development in 2020 (Law Society of England and Wales).
Career Goals Seek to improve law firm profitability, increase revenue, and enhance their leadership and management skills, with 80% of law firm owners and managers reporting a desire to increase their business's profitability in the next 2 years (Law Society of England and Wales).
Target Location Primarily located in the UK, with a focus on England and Wales, where the legal services market is highly competitive and law firms are under pressure to maintain profitability.