Succession planning is vital to maintain the stability and success of your legal firm – ensuring that your clients and the wider firm are taken care of should you decide to retire or if you are suddenly incapable of running the practice. Read More
More than 400 freelance solicitors are now regulated by the Solicitors Regulation Authority (SRA) following the introduction of new rules in 2019.
Moving to a new house before the Stamp Duty Land Tax (SDLT) holiday ends is now unlikely, the Law Society has warned conveyancers. Read More
Dubious investment schemes are resulting in a “huge number of claims” to the Solicitors Compensation Fund, it has been warned. Read More
Solicitors have been advised to inform clients about the “likelihood” of negative interest rates and the implications to money held in client accounts. Read More
Law firms who have used the Bounce Back Loan Scheme (BBLS) or Coronavirus Business Interruption Loan Scheme (CBILS) could extend the terms of their loan to ease cash flow worries, the Law Society for England and Wales has suggested. Read More
Following a series of decisions made to help alleviate the disruption caused by the COVID-19 pandemic, there is now the potential for a stamp duty land tax (SDLT) holiday in a bid to boost the property market. Read More
The Law Society for England and Wales has launched a business continuity survival kit for law firms affected by Covid-19. Read More
The Law Society has published brand new VAT guidance after a landmark case ruled that a solicitors firm had misinterpreted VAT legislation on disbursements. Read More
New figures have revealed that between the second and third quarters of 2019 property transactions have increased by 14 per cent. Read More