Solicitors

The legal sector has specialist requirements, requiring accounting and tax services from experienced advisers. We have therefore established a pool of expertise to focus on delivering these services.

Such professionals tend to be interested in a bespoke combination of our services:

Compliance Services

Outsourced Services

Advisory Services

  • Examining LLP status and other forms of litigation protection,
  • Practice funding and budgeting,
  • How best to own business premises.

Legal practices are facing increased competition from alternative business structures in a rapidly changing environment. This is the time to ensure that your practice is ready for the challenges ahead.  

Client Review

In the years that you and your colleagues have acted as my accountants, a professional service has developed into a valued friendship and source of financial advice and guidance,this has really been the extra mile.



 
Latest Blogs in Solicitors
 
Ernesta Petkeviciute
19th July 2019 New SRA accounting rules – what’s changing?

The current Accounts Rules are made up of over 40 detailed requirements, making it difficult for firms to fully understand what is required of them, as well as giving firms no flexibility to adapt them to their own practices and decide how best to look after client’s money.   The new rules coming into effect…

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Daniel Christopher
29th October 2018 Great audit expectations

No audit sets out to conclude with total confidence that a set of financial statements are 100% free from any misstatement. To do so would belie the technological reality and scale of modern business; auditors would likely become a permanent fixture at client premises to review every single business transaction and audit would become an…

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Daniel Christopher
23rd October 2018 A(i) for audit?

Technological advances in the ways that data is captured, processed, stored and communicated continually change the ways in which we do business. In the context of auditing, data analytics concerns the process of extracting, transforming, validating and analysing large volumes of data to make judgements and form conclusions. The way we approach auditing must change…

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Barbara Nicholas
27th October 2017 Tax Relief on pension contributions – Budget Day looms….

  At the moment, tax relief remains available on pension contributions at an individual’s top rate of tax, making pensions a very tax efficient form of investment. Especially when the new provisions for flexible access of pension funds is taken into account.   But we have yet another Budget approaching, on 22nd November, and it…

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Richard Meadows
1st November 2016 Client Money

Solicitors: New rules for handling client money. The consultation period has now closed on the proposed new rules for how solicitors handle their client money: Proposed Draft Solicitors Accounts Rules

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Ian Piper
18th October 2016 Asset Protection

Once clients have built up a successful business, their focus will naturally evolve from business development to protecting the valuable they have buily up from the risks associated with running a business.

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Keith Day
28th January 2016 Audit De-regulation

Audit Exemption Turnover Threshold: Raised to £10.2m. The Government is to raise the audit exemption threshold to the maximum allowed under EU law. In a statement read out in parliament, Anna Soubry, minister for small business, industry and enterprise, said the decision had been made after considering responses to its discussion paper. Companies will not be required to…

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Keith Day
20th October 2015 Risk Management

Export Insurance: Mitigating export risk. Whilst commercial banks and insurers will be your first source of support, if you can’t get export insurance from the private market, UK Export Finance may be able to help.  UK Export Finance is the UK’s export credit agency and is the operating name of the Export Credits Guarantee Department (ECGD)…

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Ernesta Petkeviciute
3rd February 2015 Pension Schemes

Despite the bad press that pension schemes have received over the last 20 years, there are still many appealing tax, protection and wealth creation features of setting up and running your own pension scheme. The legacy of Robert Maxwell lives on, in the form of the Pensions Act 1995, and all such pensions must now follow…

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Richard Meadows
26th November 2014 Solicitor Audits

Solicitors: Further consultation on proposed changes to Accountants’ Reports on client monies. Following a furore over plans to water down the rules for accountants’ reports on law firms’ financial accounts and safeguards for client monies, the Solicitors Regulation Authority (SRA) has launched a second consultation on accountants’ reports, which will be open until 28 January 2015.…

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