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MOORE EFFICIENCY

          (MAKING US MORE EFFICIENT AND


          PROFITABLE)




          The Premises & Facilities and Compliance teams are working
          hard to help our City office move to their new premises at 60
          Cheapside, which is an important milestone in MB’s history.















          The month of May is obviously an important one for the Finance     3.     Best financial performance for the Year
          team. The Year end results will soon be available.    The sought after best performance winners were, unsurprisingly
                                                                for those with their eyes on the results, Clinical Negligence
          In the meantime in March I set out a challenge to the firm for teams     Probate and Employment also did very well and deserve
          to improve financial performance towards the year end, together     congratulations.
          with recognition for those that had showed a consistently strong     This was based on a mix of performance indicators including
          performance during the year. There were three categories that we     Gross Margin, Cash and WIP Profitability.
          were looking at and I am delighted to announce the winners, as
          judged by the Finance Team, as follows:             The rewards of team outings will be specific to what the teams
                                                              want to do and subject to the available pot. Please discuss and
            1.     Most improved Lock Up from January to Year End  agree the outings with Chris.
            This focussed on the conversion of cash from our WIP and Debt
            position between January and the end of April.

            The winners are Commercial Property (London) with a
            strong performance worthy of merit by Real Estate Litigation and
            Indigo

            2.     Best financial hygiene for Year End
            This focussed on a mixture of measures, including chargeable
            time recorded, recovery rate, lockup, and billing performance
            against realistic targets.

            The winners were Family, with strong performances from
            Lymington Residential





          Finally, on behalf of all of the legal teams, I would also like to   through no fault of her own, by working long hours to help us
          acknowledge and offer huge thanks to the Business Support teams   all.
          who have worked so hard this year to support us; in Finance, HR,
          BD & Marketing, Premises & Facilities and Compliance.   I’m pleased to announce that Jackie Holmes from Dempster will be
                                                              joining Sue in the Compliance team shortly, which will provide Sue
          We are fortunate to have such professional and dedicated support   with the experienced support she needs in this function.
          from these teams, which are an essential component of our
          business.                                           Issue 2 of Moore Communication will follow at the beginning of
                                                              August.
          Special mention must go to Sue Hatton for her dedication and
          loyalty, coping on her own without support for much of last year
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