Accountancy & Taxation

Our Service | Client Testimonials

We have a dedicated team of trained professionals who provide practical solutions to help our solicitor clients manage their practices efficiently and successfully. This experienced team concentrate their efforts on the legal sector and understand the market's business needs and the day to day issues that arise and are therefore ideally placed to help solve your problems.

Our knowledge of the key performance indicators in the sector enable us to benchmark your practice against what we see in other practices of similar size whilst maintaining complete confidentiality. We are also able to help you improve your performance by passing on best practice and simple solutions that we have seen working in successful law firms.

Preparation of annual & management accounts

The preparation of meaningful annual and management accounts is the corner stone of our department. The key word being meaningful. It is important that partners, members or directors fully understand their financial performance and how to improve it.

Solicitors Accounts rules

Our team is keen to work with cashiers and fee-earners to improve their knowledge of solicitors accounts rules and the common mistakes that are made to ensure that Accountants Reports are as unqualified as possible.

Performance Improvement

We offer a service which helps practices improve the performance of individuals or teams. Supporting a large number of businesses in the legal profession we are able to benchmark your business against others within the industry and advise on best practice, quickly identifying areas of excess cost as well as revenue opportunities.

We are proactive in assisting practices with their strategic development, including attending board meetings to discuss acquisitions and mergers; partner remuneration; identifying and developing core strengths; and promoting and supporting business development opportunities.

Tax Planning & Self Assesement

Our tax department regularly deals with ad hoc queries from our solicitor clients from Capital Gains Tax issues through Inheritance Tax to VAT. We also work with practices to minimize tax on practice profits and have been involved in a significant number practice incorporations over the last few years, as well as advising on the valuation of work in progress and deferred income in the light of changes arising from UITF40.