Professional Practices

Supporting professional practices

Professional practices operate in highly regulated environments where financial, regulatory and commercial decisions are closely connected. Whether you’re managing compliance requirements, reviewing your business structure, planning for succession or considering a merger, taking advice early can help you understand the options available and avoid unnecessary risks.

We work with a wide range of professional practices, including solicitors, architects, surveyors, engineers and consultants, providing accountancy, audit, tax and business advice that reflects the requirements of regulated businesses.

How we can help

We advise professional practices on a range of financial, tax and commercial matters, including:

  • Accounts, audit and financial reporting
  • Tax planning and compliance
  • Business structures, including LLPs and Alternative Business Structures (ABS)
  • COLP and COFA compliance for solicitors
  • Strategic planning, mergers and succession
  • HR support and organisational change
  • Corporate finance and business valuations

Frequently Asked Questions

Yes. We advise solicitors on financial management, legal accounting systems and regulatory responsibilities, including supporting firms with their COLP and COFA obligations.

Yes. We advise professional practices on the financial and tax implications of different business structures, including limited companies, LLPs and Alternative Business Structures.

Yes. We support professional practices throughout merger projects, advising on business structures, financial considerations, integration planning and transaction support.

Yes. Whether you’re planning for retirement or introducing new partners, we can advise on succession planning, business valuations and the tax implications of ownership changes.

Yes. Major change often brings people challenges as well as financial ones. Our HR team can advise on organisational change, employment matters and workforce planning.

No. While we have extensive experience working with law firms, we also advise a wide range of regulated professional practices, including architects, surveyors, engineers, consultants and financial advisers.

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Let’s discuss how we can support you

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