The Science and Art of Good Partnership Governance: Concentrated or Dispersed Governance – How Do You Strike a Balance?
November 7th, 2024 by Stuart Smith
We are delighted to introduce a two-part video series focusing on the science and art of good partnership governance, where Zulon Begum and Corinne Staves, Partners at CM Murray LLP, are joined by special guest David Patient, Senior Adviser at Travers Smith and strategic adviser to law firms, their management teams and boards. In this first video, Zulon, Corinne […]
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Autumn Budget 2024: Key Changes Impacting Professional Services Businesses and Their Partners
October 31st, 2024 by Stuart Smith
The much anticipated Autumn Budget 2024, delivered by the UK’s first female Chancellor, Rachel Reeves MP, brings significant changes that will impact professional services businesses across the UK. Here are the key highlights relevant to your firm and its partners: Increased Employers’ National Insurance Contributions (NICs): The planned increase in NICs by 1.2% to 15%, […]
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Future Proofing Partnerships: Equity, Governance & Growth – Join us on 20 November
October 24th, 2024 by Stuart Smith
Leadership Circle with CM Murray LLP & Lexington Consultants: Future Proofing Partnerships: Equity, Governance & Growth – November 20 2024 – 15:00-17:00
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How Do You Attract and Retain ‘High Flyer’ Partners? – PPA Webinar Recording
September 20th, 2024 by Stuart Smith
We are delighted to share with you the recording of our recent webinar, ‘How Do You Attract and Retain ‘High Flyer’ Partners?’, in which partnership specialists discuss navigating the recruitment process for high flyers and important issues facing such decision making within professional practice firms. In this recording, Chair Corinne Staves (Partner, CM Murray LLP), Dr Robert Millard (Cambridge […]
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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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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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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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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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