In our blog published on 3 March 2020, Coronavirus – the threat to business contract fulfilment and large public gatherings, we highlighted some of the emerging scenarios for example, a company which has booked a major conference venue but whose del…
The UK professional services market is undergoing a period of unprecedented change, driven by new regulations and Government policy pushing for greater industry transparency, quality and value for money. This in conjunction with a recessionary environment is creating new challenges and opportunities in the delivery of legal and accounting services focused on enhancing infrastructure, assets and people.
Across many professions, including accountancy, legal, IFA and health, there are significant drivers for consolidation in the market place, presenting challenges in terms of people, financial and system issues. We have worked with many management teams, guiding them through the process successfully and enhancing their business offering.
The Legal Services Act and alternative business structures (ABSs) will allow external ownership of legal businesses from 2011/12 and, as such, significantly change the legal landscape in the UK. Experts who fully understand the legal, financial and commercial impact of the legislative changes, together with the opportunities and challenges they represent, we can ensure you are fully prepared and benefit from the new regulation.
As some legal firms seek to focus on core competencies, we are often called upon as an outsourced partner for non-core activities, including cost drafting, IT and debt advisory services. We also work in partnership with many legal firms to provide specialist expertise in intellectual property (IP) and private client, the high quality of our niche teams offering advantageous ‘bolt on’ expertise and support for many professional services businesses.