Legal Press Articles

Why being proactive helps tackle accounting challenges


Accounting tasks within your firm can be withdrawn and mundane, but taking a proactive approach allows you to build a ...

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Treasury releases latest technical consultation on money laundering


The Treasury has released its latest consultation notes, which looked at the draft Money Laundering and Terrorist Financing Regulations 2025. ...

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The importance of regular audits for law firms


As a solicitor, we know how busy things get, but your firm should be finding the time to complete regular ...

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Legal firms must prepare to manage without interest on client money


Last year, the Solicitors Regulation Authority (SRA) consulted on the topic of law firms holding on to interest accrued on ...

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Accrual vs cash accounting: Which is right for your law firm?


When it comes to managing your firm’s finances, choosing the right accounting method can make a world of difference. The ...

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Strategies for expanding your practice without financial stress


Many partners dream of expanding their law firms, but making that dream a reality can be challenging. Achieving sustainable growth ...

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Your payroll obligations when it comes to apprenticeship wages


Payroll is a complicated subject at the best of times, but when it comes to paying apprentices, maintaining compliance with ...

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Deadline for law firms to submit P11D and P11D(b) forms is fast approaching


The deadline for law firms to submit their P11D and P11D(b) forms is fast approaching. Partners are required to report ...

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The financial considerations of acquiring another law firm


Acquiring another law firm can be a great way to grow your practice – but there are a range of ...

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