Commercial Awareness (Ten hours)

This module is based on a case study of a law firm and requires you to consider a number of problems facing the firm, including financial and business matters, inter-partner tensions and a formal complaint.

This module will help you develop:

  • Your skills in handling the inter-personal dynamics of partners and associates
  • Your commercial awareness
  • Your commercial and business skills in the context of running a law firm, including:
    • planning
    • risk management
    • responding to changes in the way legal services are delivered

The module four training day equates to seven hours of authorised TCPD. The remaining three hours for this module consist of one and a half hours of preparation work ahead of the training day and one and a half hours of independent work to be submitted online following attendance at the training day.

Module 4 training days run twice a year, in November and May. We suggest that you complete module 3 during the last six months of your traineeship but it can be completed outwith that timeframe if necessary. Please note that rescheduled dates will be offered first to those who were due to attend an event that has been postponed due to Covid-19.