Legal Sector

Our specialist team advises law firms of all sizes and provides fully compliant, quality reports on time, every year – giving total peace of mind to legal practitioners.

The team, headed by Ian Smith, previously Chairman of the Solicitors Special Interest Group at the Institute of Chartered Accountants in England and Wales, has over 30 year’s experience of handling the affairs of law firms.  We are able to deal with all the traditional accounting needs of law firms and the specialised SRA Reporting while providing a consistently high quality service, creating trusted relationships with all our legal clients.

In addition to the traditional accounting compliance services, we can also advise on:  

• how different corporate and partnership structures impact tax liabilities;
• succession planning;
• work-in-progress valuation and profit recognition;
• Mergers and acquisitions.

We also offer complimentary SRA Accounts Rules services such as:

• assisting COFAs in monitoring compliance;
• training your personnel;
• providing benchmarking data to let you see how you compare to other firms.

We have over 40 years’ experience of advising barristers. We have a dedicated team acting for barristers at all stages of their careers from those starting out in pupillage to QCs and judges including a late Lord Chief Justice of England.

We appreciate that the extreme demands on your time can sometimes result in financial administration taking a back seat. We also understand the need for an accounting partner who can proactively manage all aspects of your annual accounts and tax return.

We do more than simply help you with your compliance obligations; we can provide advice on any aspect of your financial affairs from pension and wealth planning through to inheritance tax exposure and mitigation.