Kate Arnott at MHA on how firms can significantly reduce their lockup rates

Resource - 14/10/2019 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Practice Management, Practice Management

Cash remains king in professional services firms, with poor cashflow being the largest contributor to the failure of law firms in recent times.

Lockup therefore continues to be a hot topic, as the amount of cash tied up in either work-...

Seminar: SRA Accounts Rules

Event - 13/08/2019 : Audit and accounts for solicitors and law firms, Birmingham, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Practice Management, Practice Management, Webinars

Please join us at one of our upcoming working lunches on the new SRA Accounts Rules this September in London, Reading or Birmingham.

The new Solicitors Regulation Authority (SRA) Accounts Rules are due to come into effect from 25 November...

SEMINAR: SRA Accounts Rules

Event - 13/08/2019 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Practice Management, Practice Management, Webinars

Please join us at one of our upcoming working lunches on the new SRA Accounts Rules this September in London, Reading or Birmingham.

The new Solicitors Regulation Authority (SRA) Accounts Rules are due to come into effect from 25 November...

SEMINAR: SRA Accounts Rules

Event - 06/08/2019 : Audit and accounts for solicitors and law firms, Central London, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Practice Management, Practice Management, Webinars

Please join us at one of our upcoming working lunches on the new SRA Accounts Rules this September in London, Reading or Birmingham.

The new Solicitors Regulation Authority (SRA) Accounts Rules are due to come into effect from 25 November...

UK legal sector’s renewed focus on profitability counters sporadic fee income growth

News Article - 21/05/2019 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Practice Management

MHA’s Legal Benchmarking Report reveals how the changing legal landscape and a fall in fee income has had a positive impact on many practices, prompting them to scrutinise their profitability drivers and reduce expenditure, resulting in...

MHA UK and all member firms adopt global network branding

Video - 09/04/2019 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Practice Management

MHA MacIntyre Hudson have adopted the visual identity of our global network Baker Tilly International.

On 9 April 2019, MHA MacIntyre Hudson, along with all seven other MHA member firms took on the visual identity of our international...

MHA MacIntyre Hudson's year end tax planning guide

Resource - 22/01/2019 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Finance, Practice Management

 

 

MHA’s Year End Tax Planning Guide summarises some key tax and financial planning tips which should be considered prior to the end of the tax year on 5 April 2019 or for companies, the end of the financial year on...

What Future? - MHA MacIntrye Hudson's Kate Arnott on the future of the legal profession

Blog post - 11/10/2018 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Practice Management

With the fourth industrial revolution upon us, the legal profession is facing a period of rapid change. Competition is increasing, client expectations are higher and the downward pressure on fees continues – all while the sector braces...

Partners' roadmap: understanding legal responsibilities as a partner

Resource - 04/10/2018 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Risk & Compliance, Practice Management

You can delegate many of the responsibilities of a business owner that we have outlined, but the personal liability remains with you as a partner. Compliance with laws and regulations such as the General Data Protection Regulation (GDPR) (...

Partnership agreements: MHA MacIntyre Hudson explains everything you need to know

Resource - 01/10/2018 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Finance, Practice Management

Key considerations

  • How much will it cost you, both now and in the future?
  • What are the tiers of partnership and what are the steps to full equity?
  • Which covenants and policies are likely to affect you? e.g....

Partners' financial roadmap: Understanding the funding of partners' capital

Resource - 24/09/2018 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Finance, Practice Management

Traditional partnership or LLP

Your capital contribution is a significant investment in your professional future, which should be treated as any other investment; you need to believe in the strategy and ethos you are buying in to and...

Understanding partnerships: Employment status for partners – employed v self-employed

Resource - 17/09/2018 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Finance, Practice Management

Depending on the structure of the firm, employment status can be a contentious issue, especially for junior partners who do not always have a guaranteed profit share and may have minimal voting rights. Partners need to satisfy at least one...

Becoming a partner: understand legal partnership better with MHA MacIntyre Hudson's explainer

Resource - 12/09/2018 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Finance, Practice Management

Congratulations on your admission to partnership. If you have not already, get ready to receive your P45; it’s probably the only time in your career when promotion results in the termination of employment!

Becoming a partner shouldn...

The roadmap to your financial future: MHA MacIntyre Hudson's partners' financial planning guide

Resource - 06/09/2018 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant, Finance

Our guide to your financial future has been developed by leading specialists at MHA MacIntyre Hudson, for partners at all stages of their life as a business owner, concerned with understanding the financial and legal obligations of partnership,...

MHA MacIntyre Hudson

Network Partner - 14/08/2018 : Audit and accounts for solicitors and law firms, professional practice accountants, SAR accountant, specialist law firm accountants, SRA accountant

With 135 years’ experience supporting law firms, we provide specialist accounting, audit, compliance, tax and advisory services to help clients achieve a commercial edge now, whilst preparing for the future. 

We have...