The finance team at Parklane Plowden Chambers has been shortlisted for ‘In-House Finance Team of the Year’ at the 2019 Yorkshire Accountancy Awards. The team, led by accountant Jenny Hatfield, was established in 2015 as part of a revolutionary restructure to modernise how a barrister’s chambers operates.
Their impact on the way chambers functions has far outreached the expectations of the board that appointed them; influencing everything from recruitment strategy to debt management. This has all been achieved against the backdrop of working in a sector that is heavily regulated, highly traditional and complex in its service delivery.
During the past four years the chambers finance function has been revolutionised. The team have delivered a variety of improvements to streamline financial processes, use financial data to drive business decisions and add value to chambers. Financial Key Performance Indicators (KPI’s) have been established to enable the Board to monitor the performance of Barristers as individuals and across their markets. This is used to determine the strategy for growth and quickly identify any performance concerns. This system prompted a significant recruitment drive and investment into Junior barristers.
The winners will be announced at an awards dinner on 8th May at New Dock Hall in Leeds.