Professional Practices
Spanning the full spectrum of services for practices, partnerships and LLPs.
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Partners in professional firms
Ensure that your tax affairs are in hand.
Partners in professional firms
Ensure that your tax affairs are in hand.
Law Firm Benchmarking
- Almost 70% of firms have increased headcount.
- Two thirds saw an increase in profit per equity partner.
- Aggregate growth rate across all participants was reasonable at almost 7%.
- Lock up on the rise for regions but still fare better than City.
- City fears threat of non-legal firms; regions see it as less of an immediate concern.
- Regional firms becoming increasingly nervous about Brexit.
- Industry united in the potential for harnessing Artificial Intelligence to streamline less technical operational areas of the firm.
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Download Tax Facts Autumn Budget 2018 [pdf]
Autumn Budget 2018
There was no specific announcement by the Chancellor regarding professional firms and their partners. Though changes were made which will have an impact.
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