We have extensive professional firm advisory experience, which has enabled us to work with a large number of law firms and with the individual partners. Legal practices face a number of compliance challenges including the management of client money in accordance with the rules of the Solicitors Regulation Authority (SRA).
Our partner-led approach fits particularly well with legal practices, where we can offer a dedicated relationship partner who has access to a wider team that can be drawn on as necessary to provide additional expert advice on partnership taxation, financial reporting, audit, LLP formation and conversion.
Importantly, to complete the offering for the partnership’s needs, we are experienced in reporting on the SRA’s client money rules and advising on a legal practice’s financial systems and controls.
At a more personal level, we can also offer individual partners assistance with personal tax planning, professional self-employment issues and tax advice on incoming and retiring partners.
We believe these services in combination offer legal practices a complete package of advice and support which can help relieve partners of some of the burdens of running a practice, in order to get on with winning clients.
We provide the following services to our legal services clients:
- Statutory audit
- Financial accounts preparation
- Reporting on Solicitors Accounts Rules
- Firm tax compliance
- Partner tax services
- Registered office services