Join this CPD training online at the specified time
2 hours verifiable CPD
Financial literacy is an increasingly valuable skill for legal professionals, helping them navigate client matters and internal firm discussions with greater confidence. This course provides an accessible introduction to core financial concepts, specifically tailored for those in the legal sector.
Through an interactive and practical approach, participants will learn to demystify financial jargon, interpret key financial statements, and explore financial risk in a legal and business context. The session aims to build confidence in understanding financial principles relevant to law firms, enhancing participants' ability to engage in informed discussions and contribute effectively to financial decision-making.
By the end of this course, participants will be able to:
- Decode financial jargon, identifying and understanding key financial terms commonly encountered in legal practice, dispelling myths and misconceptions.
- Interpret financial statements by grasping the fundamentals of income statements and balance sheets, recognising their significance in assessing financial health.
- Apply financial concepts through practical examples to reinforce understanding of financial statements and their real-world applications.
- Recognise financial risks in the modern world and understand their implications for businesses, including law firms.
- Engage confidently in financial discussions, developing the ability to contribute meaningfully within their firm and beyond.