M02 - Time Management & Other Business Skills for Solicitors

Management & Professional Development Skills Courses (3 CPD Hours)

This module outlines the various management skills required to run a business. It provides basic knowledge on time management, project management, financial management and cashflow management.

The table of contents for this course is the following:

Time management Introduction to time management principles

  • Time management is self management
  • Know the value of your time
  • List the outcomes from your working day
  • Prioritise by value
  • Group administration activities
  • Manage people better
  • Manage interruptions
  • Talk is expensive
  • Get organised
  • Summary file
Time management exercises and records
  • Calculate your value
  • View your time productivity graph
  • Record your daily outputs
  • Establish your priorities
Project Management
  • What is a project?
  • What is project management?
  • Reading: Introduction to project management
  • The project manager
  • Project stage
  • Project team
  • Gantt chart
  • Gantt chart - example
  • Work breakdown structure
  • Project management game - get all items across the river
Financial management
  • What is financial accounting?
  • Accounting transactions
  • The accounting process
  • What is a trading, profit & loss a/c
  • Format of trading, profit & loss a/c
  • What is a balance sheet?
  • Format of balance sheet
Costs and revenue management
  • Fixed costs
  • Variable costs
  • Total costs
  • Reducing costs
  • Total revenue
  • Increasing revenue
  • Calculating breakeven point
  • Breakeven point example
  • Maximising profit
  • Cash flow management
  • Importance of cash flow management
  • Cash flow forecast
  • Cash flow forecast - format
  • Cash flow forecast format - expanded
  • Debtor and creditor management
  • Overhead payments file Stock control 
People management
  • Communication skills
  • Motivation skills file
From the course you can download relevant notes and documents for your own use, you can also link to other relevant websites and resources.

Course author:  Dr. John Wall, Head of School for Education and Professional Development, 3rd Level Institute

About the author: 
Dr. John Wall is Head of School for Education and Professional Development in a leading Irish Third Level Institution. He has vast experience in designing and delivering courses in business related subjects. John also has a particular interest in the delivery of continuing professional development through an elearning platform and has recently completed his doctoral thesis in this area.