Legal Press Articles

Financial considerations for law firms in mergers and acquisitions


Law firms tend to undertake mergers and acquisitions (M&A) to help their firms expand market presence, diversify their service offerings ...

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Common mistakes with SRA-compliant record-keeping and how to avoid them


The Solicitors Regulation Authority (SRA) has strict requirements for financial record-keeping within a law firm. If firms fail to meet ...

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Why you need to start succession planning before your partner retires


Retirement can feel like a long way off, particularly when you are focused on running a successful law firm and ...

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The heart and sole of a law firm: Inheritance tax law firm owners


Building a law firm from the ground up is hard with a quarter of new businesses in the legal industry ...

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Salary sacrifice pensions: How do these changes affect me?


When running a law firm, it is important when attracting and retaining talented solicitors and support staff to offer more ...

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Why law firms should be outsourcing their payroll


Time is money in the legal industry with clients to represent and cases to manage moving focus from law to ...

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All law firms face compliance risks from dramatic overhaul of SRA Accounts Rules


Following a number of high-profile law firms going insolvent and taking client money with them, a consultation was launched to ...

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Six most common SRA Accounts Rules breaches and how to avoid them


We know that running a law firm comes with constant responsibility and managing client money is one of the most ...

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The new Statutory Sick Pay reforms are here: Is your payroll compliant?


The new Statutory Sick Pay (SSP) reforms have finally arrived and they are bringing new challenges for employers and businesses. ...

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