- Duration: 5 Hours
Course details
If your firm is built on a solid foundation of good decision-making, ethical and efficient processes and a balanced team of committed leaders, it can be confident about its long-term future.
Practice models and networks enables the learner to:
- Select the right practice model for their firm
- Consider the decision making process of their firm
- Understand the roles and agreements of partners
- Utilise their network to benefit their firm
Learning outcomes
Practice models
- What practice model is right for you?
- Sole practitioner
- Cost-sharing arrangement
- Partnership of equals
- Unequal partnership
- The consolidator model
- Multidisciplinary firms
Practice management
- Family members working in the firm
- Decision-making approaches
- Issues to consider when structuring or restructuring a firm
- Partnership agreements
- Remuneration and profit-sharing models
Using networks to add value
- Advantages and disadvantages of network alliances
- Referral network
- Professional network
- Management support network
Putting in to practice
This module helps you put the learning from this course in to practice in your firm.
Updated on 08 November, 2015
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