Tag Results
Don’t use external investment to strip value from firms, partners warned
Thursday, 20 January 2011Partners in law firms that receive external investment after October will alienate younger colleagues if they appear to be stripping the firm of value for future generations, a report has warned.
Tags: ABS, Alternative business structures, external investment, partnerships
Posted in Alternative business structures, hrtraining, News
Spiralling partnership disputes and “partner-exiting climate” encouraging specialist ADR
Wednesday, 5 January 2011A spiralling number of partnership disputes is encouraging the development of specialist alternative dispute resolution, experts have said. It has led to the Association of Partnership Practitioners launching a Directory of Partnership Dispute Arbitrators and Mediators.
Tags: ADR, partnerships
Posted in hrtraining, News
The salaried partner is dead. Long live the fixed-share partner
Tuesday, 21 December 2010In the wake of the recent ruling that a fixed-share partner is a partner, not an employee, Mark Briegal of Legal Futures Associate Ralli looks at the advantages to both law firm and lawyer of a fixed share over a salary
Tags: fixed-share partner, limited liability partnership, LLP, partnerships
Posted in hrtraining, News, Uncategorized
EAT: fixed-share partner not an employee
Friday, 26 November 2010A former fixed-share partner at south-coast law firm Lester Aldridge has lost his appeal against a ruling that he was a partner and not an employee in the limited liability partnership and so unable to claim unfair dismissal.
Tags: LLP, partnerships
Posted in hrtraining, News
Float like a butterfly?
Tuesday, 16 November 2010The latest in our series of extracts from Climate Change, a report on the impact of the Legal Services Act published by accountants Baker Tilly, considers what kinds of law firms might float and the impact it could have on the practice and staff
Tags: ABS, Alternative business structures, partnerships
Posted in Alternative business structures, Latest news, Market monitor, News
Tax savings “outweigh complexity” of moving from partnership to limited company
Thursday, 21 October 2010Solicitors’ firms put off becoming limited companies by the complexity of conversion from partnerships are missing out on “very substantial” tax savings, according to one former firm that incorporated successfully three years ago.
Tags: LLP, partnerships, tax
Posted in Finance, News, Solicitors
Doing the business
Friday, 26 March 2010Most of what private equity firms know about the law is that it is an old-fashioned industry that does not look very investor friendly. Law firms need to adopt a corporate structure if they want to impress them, experts tell Patricia Wheatley-Burt.
Tags: corporate structure, external investment, partnerships, private equity
Posted in Alternative business structures, Legal Services Act
Blog
Keeping the conversation going beyond Pride Month
As I reflect on all the celebrations of Pride Month 2024, I ask myself why there remains hesitancy amongst LGBTQ+ staff members about when it comes to being open about their identity in the workplace.
Third-party managed accounts: Your key questions answered
The Solicitors Regulation Authority has given strong indications that it is headed towards greater restrictions on law firms when it comes to handling client money.
Understanding vicarious trauma in the legal workplace
Vicarious trauma can happen to anyone who works with clients who have experienced trauma such as domestic or other violence, child abuse, sexual assault, torture or being a refugee.
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