In the third part of Armstrong Watson’s series on starting up your own firm, Andy Poole discusses the major tax considerations.
Under the new SRA Code of Conduct coming this November, all referrals to IFAs must be based on a written agreement if a fee-sharing agreement is in place. How can solicitors achieve this while protecting and evidencing clients’ best interests, asks Justin Rourke
Many firms don’t worry about cash until it’s too late, says Andy Poole. He explains why you should be constantly reviewing your cash requirements throughout the year, starting with your most important asset - your people.
With the majority of law firms in England and Wales having fewer than five partners, and with many of those partners being close to retirement age, how to achieve an exit is becoming ever more crucial. Tom Blandford considers how smaller firms can achieve the transition.
The 2019 Financial Benchmarking Survey is now open for contributions. Anthony Earl, solicitor-director at Earl & Crocker Solicitors and member of the Law Society’s small firms committee, explains why it’s good idea for small firms to take part.
Justin Rourke explains the SRA’s recent proposals surrounding solicitor referrals to an independent financial adviser, and the positive changes they could bring.
Sally Azarmi, director of Azarmi & Co and chair of the Law Society’s Small Firms Committee, recommends keeping close track of business expenses
Jon Whittle shares insights on the problems facing small firms today
Paul Bennett endorses the ‘art of the telephone call’
Jon Whittle reveals how small firms are viewing future business prospects
Andy Poole covers top considerations that individuals should take into account in starting a new law firm
Marcus Hayes, managing director of Mason Hayes, tells us how he runs his niche practice as a competitive business.
Having set up and expanded her sole practice, Melanie Craig, principal of Craig solicitors, says providing outstanding client care is the key to success.
A Q and A with Sally Azarmi, new chair of the small firms committee, reveals exciting plans for 2016 as she sets out her priorities and introduces the small firms division engagement programme.