Insights
News
The latest news and views from the Hazlewoods team.
Legal update: Changes to the Accounts Rules are on ice (for now)
Most readers will know that, following an SRA consultation in…
Legal update: Client account interest – a round-up of the key issues facing law firms
Client account interest has been a topic of debate for…
Legal update: Two other important year-end reminders
Change of tax basis periods This applies to sole practitioners…
Legal update: Law firm closures due to failure to get Indemnity Insurance falls to lowest level since 2018/19
Only 34 law firms closed compared to recent high of…
Legal update: The Law Society’s Leadership and Management Section Financial Benchmarking Survey 2024
The 2024 Law Society’s Leadership and Management Section Financial Benchmarking…
Legal update: Number of solicitors at ‘virtual’ law firms breaks through 2,000 level for the first time
More lawyers prioritise work-life balance as growing number of firms…
Legal update: Law Firm Breakfast and Learn 2024
On Tuesday 6 February, law firms attended our Law Firm…
Legal update: Operating as a limited company – a reminder of the key tax issues to be aware of
Whilst the partnership has been the common operating vehicle for…
Legal update: Economic Crime Levy – update on registration and payment
As readers may be aware, it was announced last year…
Legal update: Update on the world of SRA Accounts Rules compliance
In the March edition of our Legal Focus, we noted that…
Legal update: Law firm mergers jump 23% from 99 to 122 in past year
Law firms using mergers to shed excess office space as…
Legal update: Mergers and acquisitions in the legal sector
Mergers and acquisitions (M&A) activity was once a much more…
Legal update: An audience with… Luke Dickinson
People are the essence of the Hazlewoods Legal Team and,…
Legal update: Tax relief on employees’ personal expense
If you are an employee or a director and are…
Legal update: The Law Society’s Leadership and Management Section Financial Benchmarking Survey 2023
The Law Society’s Leadership and Management Section Financial Benchmarking Survey,…
Legal update: Number of lawyers at ‘virtual’ law firms continues to rise, reaching record high of 1,909
Now over 1,900 lawyers at decentralised legal practices Growth continues…
Legal update: An audience with… Mike Ingmire
People are the essence of the Hazlewoods Legal Team and,…
Legal update: Nine UK law firms close in recent months due to lack of Professional Indemnity Insurance cover
On top of 37 law firms which have closed in…
Legal update: US law firm partners in London generate an average of 25% more profit than UK law firm partners
US law firm partners generate £1.23m in profit per partner,…