Professional Practice

Helping professional practice firms change and grow to meet the challenges and opportunities presented during different phases of the economic cycle is the bedrock of our service provision in this sector.

Through planning, profit improvement exercises and providing our clients with access to the right management information, we help them to improve profitability and to focus on strategy.

Our in-depth experience of accounting for regulated professionals and knowledge of partnership taxation ensures we assist our clients in meeting their financial objectives whilst minimising the cost of compliance.

Working in partnership with our clients we help them tackle changing market conditions while effectively managing increasing regulatory obligations.

Looking specifically at the legal sector, with consolidation in the sector, partnership succession challenges and increasing competition with the entry of alternative business structures, we have assisted in deal structuring, match-making and financial due diligence.

Our professional practice team continues to help law firms tackle such challenges in a way which secures their future financial health.

David Smith is head of our Professional Practice sector group.