Accountancy for law firms

We advise over 120 law firms across the UK ranging from top 100 solicitor firms to successful boutique firms

As the legal market becomes ever more competitive, crowded and aggressive, it’s vital for solicitor firms to get the best advice and this is exactly what we provide. We deal with positives, giving advice that’s always proactive, knowledgeable and practical.

We have become leaders in our field because we provide experienced and skilled advice that reflects our involvement with the ICAEW Solicitors’ Special Interest Group, the Law Management Section of the Law Society, the Solicitors Regulatory Authority and other specialist legal groups at a national level.

Over 25 people work in our legal team across our firm on a day-to-day basis, some of whom previously worked for law firms.

Our involvement with these sector groups gives us close access to key regulators in the sector and ensures we remain at the forefront of issues affecting solicitors and the legal sector from a regulatory, taxation and accounting viewpoint. It also provides us with a helpful platform to identify commercial opportunities for some of our law firm businesses.

The legal sector has changed significantly over the last 15 years following both the changes from the Legal Services Act 2007 and in the change in regulatory approach to the sector. These have presented some massive challenges, but also opportunities for the legal sector and some of our most exciting work for law firms during this time has been helping them pursue these opportunities.

Our development and consultancy services

We’re pleased to be able to offer a wide range of consultancy services to the legal sector:

• Time recording – helping you capture, bill and recover more of your chargeable time
• Improved cash flow – assisting you to collect your cash quicker and reduce partner capital in the business
• Time management – supporting you and your fee earners to improve both productivity and their working lives
• People management – helping to attract, retain and motivate your key assets
• Pricing and project management – promoting confidence in your fee earners and providing pricing choice for your clients
• Profit sharing – giving advice, ideas and independent support on remuneration and profit arrangements
• Client money management – easing the burden of safeguarding you and your client’s money