Chartered Accountants and Insolvency Practitioners London & Wales

Services for the Legal Sector

More and more legal firms are looking for a dedicated accountancy service to enable them to deal with the day-to-day financial matters while ensuring they remain compliant with regulatory requirements.

At Harris Lipman, we understand the issues and pressures that legal practices face on a daily business, and appreciate that when they are focused on providing their own clients with the best possible service, it is easy for them to overlook planning for the growth and development of their firm.

Our services to the legal profession are tailored to help plan and manage growth whilst focusing on the goals of both individuals and partners as necessary. We can provide added value through the provision of dedicated tax advice, while ensuring full compliance with the Solicitors’ Accounts Rules.

Such tax advice is particularly important when you are conducting any transaction. For example, if you are considering a merger, we can assist with valuing the practice and achieving the best deal, as well as ensuring that the process is carried out as tax-efficiently as possible.

We can also provide accounting assistance for any trusts or estates within your portfolio. This includes preparing tax returns, capital gains tax computations and inheritance tax returns, as well as estate accounts and accounts for the Court of Protection or in enduring power of attorney cases.

Whether you are a sole practitioner or a multi-partner practice, our team of experienced professionals is here to help you achieve your financial objectives.

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