As the legal services market evolves, we adapt to the changes. The introduction of Outcomes Regulation (OFR) has replaced the prescriptive and detailed rulebook that was previously followed by legal practices, and we are at the forefront of this transition.
The new Handbook, which came into effect on 6 October 2011, provides firms with flexibility in how they can achieve the high level of service provision expected by clients and meet SRA regulations, ethics and the code of conduct. We understand that this shift brings its own risks and challenges to our clients, and we are fully committed to assisting them in developing their internal systems and advising on best practice and practical solutions.
We work hard to develop long-term relationships with clients, listening carefully to their concerns, acting as a sounding board, being proactive and practical, and offering robust opinions and advice. We assist firms in focusing on meeting their regulatory and compliance requirements and achieving increased profitability, succession, and business growth.
We provide periodic briefings and ensure that our clients are aware of emerging sector issues and other legislation affecting a successful business’s performance.
Our legal services team offers bespoke services to our clients, whether they are sole traders, partnerships, LLPs, limited companies, or Alternative Business Structures.
These services include:
- SAR reviews
- Preparation of financial statements
- Advice on firm structure, vision and strategy
- Merger and acquisitions advice
- LLP conversions and LDP “passport” to ASB status
- Risk management
- Practice management/systems improvement
- Capital retention and financing
- Peer comparison benchmarking
- Cessation/full, partial retirement planning
- Tax planning
- VAT
- Payroll
- Practice management/systems improvement