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Recorded Webinars

Recorded Webinar: Dollars and Sense - Financial Literacy for Lawyers (professional skills)

Being financially literate is an important skill for lawyers. This session will explore why an understanding of financial and accounting basics is an integral part of a lawyer’s toolkit, and provide a guide to important financial concepts, including: How financial literacy cont

Date/Time

About the Webinar

Being financially literate is an important skill for lawyers. This session will explore why an understanding of financial and accounting basics is an integral part of a lawyer’s toolkit, and provide a guide to important financial concepts, including:

  • How financial literacy contributes to your service provision
  • Basic financial concepts and language and what every lawyer should know
  • Understanding your client’s business and financial position through financial literacy
  • Building credibility: communicating with your client on a financial level
  • Drafting documents to present financial information
  • Provision of financial details and conditions in contracts – understanding the big picture
  • Identifying fraud and other anomalies
  • Making informed practice decisions on the basis of financial information – budgets, billing and productivity
  • Guides and resources for improving financial understanding.

Presented By

David Bailey
Barrister, Victorian Bar Melbourne, Vic

David is a member of the Victorian Bar, and has been in legal practice for over 40 years. He has a strong interest in dispute resolution including arbitration and mediation. He was a founding member of the Australian Centre for International Commercial Arbitration board and served on it from 1985 to 2010; he is a fellow of ACICA and a fellow of the Resolution Institute and the first Chair of the International Law Section of the Law Council of Australia. David is also an Adjunct Professor of Law at Victoria University where he teaches Commercial Arbitration. He regularly presents papers on civil litigation and dispute resolution for the Law Institute, Leo Cussen Institute, Legalwise and other bodies. He is the senior author of Civil Procedure Victoria and the author of Discovery and Interrogatories, Australia published by Lexis Nexis.

A former solicitor for over 25 years heading up a banking practice in a major law firm he now practises primarily in commercial litigation concerning banker/customer disputes, distribution and franchising disputes, cross border trade and commercial disputes and international transactions. He was counsel for Castel Electronics Pty Ltd in the key cases concerning international commercial arbitration in the Federal Court of Australia, the Full Federal Court of Australia and the High Court, TCL Air Conditioner (Zhongshan) Co Ltd v Castel Electronics Pty Ltd [2014] FCAFC 83; Castel Electronics Pty Ltd v TCL Air Conditioner (Zhongshan) Co Ltd [2014] FCA 1214 and TCL Air Conditioner (Zhongshan) Co Ltd v The Judges of the Federal Court of Australia (2013) 295 ALR 596.

Who Should Attend?

This webinar is suitable for lawyers - Australia wide and it has been designed to deliver the the professional skills compulsory subject unit for th

CPD Information

unit for the CPD year ending 31st March 2022. CPD Lawyers can claim 1 CPD unit – professional skills. WA lawyers – From April 1 st 2021, due to the new requirements we are unable to verify your completion of recorded webinars to the Legal Practice Board of WA.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

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