• Manchester: 0161 703 2500
• Chester: 01244 404 420
• Preston: 01772 735 000
• Blackpool: 01253 768 718

Although this has resulted in serious challenges for legal firms in respect of firm structure, financial strategy and business planning, it has also brought with it a number of new opportunities.

We understand that all too often, legal firms focus their efforts on delivering excellent client service and the planning and development of their own business can take a back seat. Our expert legal team ensures sufficient focus remains on the business itself and that these new opportunities are taken full advantage of.

We work with individual practitioner’s right up to multi-partner law firms, across LLP’s, Limited Companies, Partnerships and Sole Traders. We assist clients with:

• Annual audit and accounting systems, including full compliance with Solicitors Accounts Rules and recommendations for improvement
• Business plans, budgeting, cash flow and financial forecasts
• Business structure advice – incorporating as a limited company, becoming an LLP or an Alternative Business Structure. This can be a slow process, requiring sufficient forward planning.
• Mergers and acquisitions – valuation, obtaining the best deal, tax efficient planning
• Trusts and estates – capital gains tax and inheritance tax returns
• Rewarding and retaining key employees through Enterprise Management Incentives (EMI’s)
• Probate and trust advice
• Succession planning and exit strategies for Partner’s retirement
• Pensions and wealth planning

We also work closely with solicitors in providing services on behalf of their clients including probate taxation, trust accounting and taxation and Court reports relating to divorce cases.