Alongside the inevitable business concerns you will have in these uncertain times it remains vital that law firms maintain the integrity of their client money systems…
Welcome to our Summer newsletter focusing on topical issues affecting the legal sector.
In this edition we cover a range of subjects including the continuing debate around trading structures in law firms and revisiting the question around whether a Limited Company or an LLP might be the most appropriate vehicle for a law firm to operate within.
We also consider the factors associated with planning for the retirement of an owner from a law firm business, provide an update on the Reporting Accountants’ regime as well as exploring some of the signs of financial instability which appear to be creeping back into elements of the legal sector.
Within our own firm we are also pleased to welcome some new key members to the legal team across our firm reflecting the growth and investment we are making in our presence in the legal sector nationally.
We hope you find the newsletter helpful and informative. If you have any queries or want further details on any aspect then please get in touch with us.