At Howard Worth we have a dedicated Solicitors team that support law firms of various sizes, from one director firms with a niche specialisation to long established Cheshire based firms that are involved in various different services; conveyancing, crime, civil, probate and matrimonial.
Andrew Hague’s specialism is Solicitors and he acts as lead partner for a number of law firms. Andrew has sat on the UK200 Solicitor committee.
For legal practices to operate effectively, day-to-day financial matters need to be in the best possible shape, so we can assist you with accounts, audit, bookkeeping, payroll and VAT services, tailoring our support for compliance with the specialist reporting requirements of the Solicitors’ Accounts Rules.
For fee-based businesses, stability when the going gets tough and income fluctuates is essential. We can assist with setting appropriate fee levels, financial forecasting and managing and improving cash flow to help you weather economic storms.
Our advice is designed to help the practice and the individuals who lead it to achieve their goals, so we’ll work with you to identify and implement steps to move the practice forward. We can assist in the formation of limited liability partnerships and limited companies and with the valuations of practices for mergers, acquisitions and sales, as well as advising throughout these transactions.
We can also advise on issues including partnership agreements, profit-sharing agreements and the key issue of succession planning and offer expertise in all aspects of personal and business tax compliance and planning.
Our services for solicitors include:
- business finance
- business strategy
- business structures
- corporate tax compliance and planning
- financial outsourcing
- partnership agreements
- regulatory requirements, including Solicitors’ Accounts Rules
- personal tax compliance and planning
- succession and retirement planning.
- COFA services
As a specialists in the legal sector, we can provide offer additional services to you firm; such as;
- Outcomes-Focused Regulation (OFR) advice for COLPs and COFAs and of course any of the firms employees required to comply with the SRA Handbook.
- Regular Newsletters and Blogs giving hands-on advice on how to deal with compliance issues and other important issues affecting the sector.
For more information on how Howard Worth accountants and financial advisers in Nantwich, Northwich and throughout Cheshire can help you, please contact us.