Karen Hain
  • Female
  • Lancashire & Cumbria
  • United Kingdom
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Karen Hain

Latest Activity

Karen Hain posted a video
Sep 25, 2013
Karen Hain posted a blog post

Financial stability for law firms: Considering a merger

In the fifth and final of a series of blogs examining the issue of financial stability for law firms, Karen Hain, head of the professional practices team at Moore and Smalley and MHA, looks at the issue of achieving stability and growth through mergers.Greater competition and major legislative changes mean law firms must ask some big questions – especially whether to consider a merger, or drive organic growth through more effective marketing activity.  Three key drivers of mergers are:…See More
Sep 20, 2013
Karen Hain posted blog posts
Sep 19, 2013
Karen Hain posted a status
"We are half way through our Financial stability series for law firms. Look out for our next posts!"
Sep 18, 2013
Karen Hain posted a video

Generating new business for legal practices

Karen Hain, head of Moore and Smalley's professional practices team, is joined by legal services marketing expert Dez Derry, owner of mmadigital, to discuss ...
Sep 12, 2013
A blog post by Karen Hain was featured

How to achieve affordable PII insurance for law firms

With professional indemnity insurance (PII) renewals due in October, many law firms will struggle to find affordable cover after a number of high profile failures among unrated insurers.The insolvencies of Lemma and Quinn, plus the administration of Bavla, who have insured many smaller or high risk practices, have created serious concerns that some practices may no longer be able to obtain PII at viable rates – and ultimately have to cease trading.Keeping in good shape to get insuredSo what…See More
Aug 18, 2013
Karen Hain posted a blog post

How to achieve affordable PII insurance for law firms

With professional indemnity insurance (PII) renewals due in October, many law firms will struggle to find affordable cover after a number of high profile failures among unrated insurers.The insolvencies of Lemma and Quinn, plus the administration of Bavla, who have insured many smaller or high risk practices, have created serious concerns that some practices may no longer be able to obtain PII at viable rates – and ultimately have to cease trading.Keeping in good shape to get insuredSo what…See More
Aug 15, 2013
Karen Hain is now a member of Defero Law
Feb 2, 2012

Profile Information

Law Firm or Company Name
Moore and Smalley LLP
Job Title
Professional Practices Partner
Type of Member
Other
Area(s) of Practice
Accountancy, taxation, audit, Solicitors Accounts Rules, Lexcel
Website
http://mooreandsmalley.co.uk

Karen Hain's Videos

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Karen Hain's Blog

Financial stability for law firms: Considering a merger

Posted on September 20, 2013 at 9:21 0 Comments

In the fifth and final of a series of blogs examining the issue of financial stability for law firms, Karen Hain, head of the professional practices team at Moore and Smalley and MHA, looks at the issue of achieving stability and growth through mergers.

Greater competition and major legislative changes mean law firms must ask some big questions – especially whether to consider a merger, or drive organic growth through more effective marketing activity.  

Three key…

Read More

Financial stability for law firms: is incorporation the way to go?

Posted on September 19, 2013 at 9:16 0 Comments

In the fourth of a series of articles examining the issue of financial stability for law firms, Karen Hain, head of the professional practices team at Moore and Smalley and MHA, looks at how incorporation can offer greater stability.

The personal tax and pension benefits available to partners and directors under an incorporated business structure are well documented.

However, for the purposes of this article I intend to look at other knock-on benefits for financial…

Read More

Financial stability for law firms: Cashflow profitability and financial reviews

Posted on September 18, 2013 at 9:45 0 Comments

In the third of a series of articles examining the issue of financial stability for law firms, Karen Hain, head of the professional practices team at Moore and Smalley and MHA, outlines how meticulous examination of financial information can improve profitability.

It has always been essential for any practice to strike a profitable balance between expenditure and fee income.

However, with competition from new legal services providers, it is even more important…

Read More

Financial stability for law firms: Strategy and business plans

Posted on September 18, 2013 at 9:39 0 Comments

In the second of a series of articles examining the issue of financial stability for law firms, Karen Hain, head of the professional practices team at Moore and Smalley and MHA, explains how risk management and strategic planning can put practices on a firmer financial footing.

With alternative business structures now a reality, forward-thinking firms are developing business plans and strategies aimed at securing their future success.

A business plan is a…

Read More

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