Helping to professionalise company management
As well as helping to run the finance function, a Secantor FD brings business expertise to identify and advise on other areas that might benefit from investment or professional development.
CS2 Lawyers was a leading consumer law firm, ranked in the top 100 legal practices in the UK. They specialised in the efficient processing of high volume motor claims and associated services.
Their rapid growth was achieved by a radical approach – delivering legal services electronically and telephonically, using strong IT input to reduce costs.
The Secantor finance director created a revised cost model for the firm. This enabled CS2 to assess the impact of regulatory changes on its income stream and helped maintain profitable growth. CS2 Lawyers continued to be a major success story, and the firm was sold for a substantial (undisclosed) sum in 2011.
“Our Secantor FD was a significant contributor in helping CS2 Lawyers maintain profitable growth in its continually changing market. He was a major influence on the sophistication of our strategic planning. The partners and managers have benefited immensely from the forthright and positive approach.
Our finance director provides an invaluable sounding board and has been hugely instrumental in educating the management team to adopt a more focused, commercial approach to the delivery of our services in a highly competitive market.”
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