Professional Practices

The world of professional practice finances has become increasingly complex in recent years. Changes to industry regulation and best practice, intensifying competition, an increasing number of mergers, and a focus on limiting your liability – all call for specialist advice beyond the traditional accounting remit.

Our specialist team has vast experience working with a varied portfolio of professional practice clients, amongst them solicitors, structural engineers, quantity surveyors, architects and estate agents.

How we work

We offer a bespoke service that can be finely tuned to suit the particular financial and commercial challenges you face. This understanding, coupled with our proactive and innovative approach to managing our clients’ affairs, means that you can be confident that we can make a real difference to your bottom line.

Some of the ways we can help boost your practice finances include:

  • Guidance on Partnership structuring/restructuring and Partnership Agreements
  • The implications of Limited Liability Partnerships (LLPs)
  • The implication of incorporations vs. unincorporations
  • Managing mergers, acquisitions and de-mergers
  • Compliance with Solicitors’ Accounts Rules and Law Society’s Accounting Regulations
  • Costs and fee structuring
  • Partnership tax returns
  • WIP valuations
  • Wealth management
  • Partner and employee remuneration planning
  • Succession planning

Find out what we can do for you

Give us a call on 01582 540800 and speak with a member of our team about Professional Practices or fill in our contact form to book a free appointment.

Contact us