Professional Services Firms: If They Want To Buy Us, Should We Sell? Ten-Minute Talk
July 12th, 2024 by Stuart Smith
In this second of our two-part series of Ten-Minute Talks, special guest Andy Poole (COO and Legal Sector Partner at Armstrong Watson), Corinne Staves and Zulon Begum (Partners at CM Murray LLP) explore strategies for professional services firms in responding to an offer from an acquirer. How do you assess if the price offered is fair? Should you negotiate it, and if so, how? How […]
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What Do Next Generation Lawyers Want? We Asked Them: Ten-Minute Talk
July 10th, 2024 by Stuart Smith
Law firms want and need to attract and retain the best future talent. Law firm leaders rightly therefore devote time to considering how to do this, and how to appeal to those future lawyers. Firms often have to speculate about what the next generation of lawyers want. We have been lucky enough to be joined […]
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How Do You Attract and Retain ‘High Flyer’ Partners? – PPA Webinar – 11 September 2024
July 1st, 2024 by Stuart Smith
How Do You Attract and Retain ‘High Flyer’ Partners? – Professional Practices Alliance (PPA) Webinar – 11 September 2024 – 9.00am – 10.00am BST
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SRA Warning Notice on Law Firm Mergers, Sales and Acquisitions: Ten-Minute Talk
June 28th, 2024 by Stuart Smith
In June 2024, the SRA issued a warning notice on law firm mergers, sales and acquisitions, seemingly in response to the fallout from the collapses of Axiom Ince and SSB. In this Ten-Minute Talk, Partners Corinne Staves, Zulon Begum and Andrew Pavlovic discuss the content and implications of this SRA Warning Notice, with a particular focus on how […]
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Cash, Remuneration & Economic Uncertainty: Professional Practices Alliance (PPA) Webinar – 23 May 2024 – 9.00am – 10.00am BST
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Professional Services Firms: Will They Buy Us, and How Much Will They Pay? Ten-Minute Talk
April 26th, 2024 by Stuart Smith
In this first in a two-part series of Ten-Minute Talks, special guest Andy Poole (COO and Legal Sector Partner at Armstrong Watson), Corinne Staves and Zulon Begum (Partners at CM Murray LLP) explore strategies for mergers and acquisitions in professional services firms. This discussion will be of particular interest to professional services firms, including founder led businesses, considering merger or sale as a means of […]
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Economic Crime and Corporate Transparency Act 2023: Changes from 4 March 2024 and the Implications for LLPs and Professional Firms
April 23rd, 2024 by Mitchell Blythe
The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) aims to improve the prevent fraud and enhance the UK’s reputation for businesses, according to Business Minister, Kevin Hollinrake. As part of this reform, Companies House will transform many of its processes to help tackle economic crime and improve transparency of the Companies House register. […]
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HMRC guidance on salaried member tax rules: What are the implications of these changes? Ten-Minute Talk
March 25th, 2024 by Stuart Smith
At the end of February HMRC updated its guidance on the salaried member tax rules. The changes focus on Condition C, in connection with which many firms have asked their fixed share partners to make substantial capital contributions. Many are worried that there may need to be a significant change in approach, particularly for fixed […]
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Significant shift by HMRC will force LLPs to review their partner compensation
March 5th, 2024 by Mitchell Blythe
HMRC has recently updated its guidance on the salaried member tax rules. The key consequence is that LLPs which rely on the contribution of capital to be confident that members are not taxed as employees need to review, and potentially change, their approach. In the simplest terms, the salaried member rules required LLP members to […]
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Effective Integration of Lateral Hires in Law Firms: Ten-Minute Talk
January 29th, 2024 by Stuart Smith
In this Ten-Minute Talk, Partners Corinne Staves and Zulon Begum speak with legal recruitment expert Stephen Rodney, founder of IntoGreat Coaching, about how to ensure the effective integration of lateral partner hires in law firms. Key discussion points from this Ten-Minute Talk: How effective are lateral hires within law firms overall? Are firms and individuals getting it right and what improvements […]
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