Legal sector group
Whatever issues your firm may face, our Legal Sector Group will have the experience to assist …
Law firms are facing unprecedented pressures. A changing regulatory regime, uncertain market and major civil litigation reforms have been accompanied by an influx of new competition, new management structures and new, non-lawyer investors.
Weightmans' Legal Sector Group has the expertise and experience to help law firms survive - and thrive - in this new environment, where high quality, client-focused services must be underpinned by a sound business model and a stable financial and regulatory profile.
Our expert team works with clients across the UK, helping them to deal with trading and financial issues effectively, stabilise performance and restore them to full financial fitness.
The Group provides support on day-to-day issues that can crop up in legal services work, such as conflicts of interest, applying the SRA Code of Conduct, and partnership disputes and succession issues. We also offer outsourcing options for complaints, claims, training, and a range of HR issues.
What's more, law firms can tap into the expertise of Compli, our bespoke consultancy service for lawyers. Developed in response to the increasing regulation and changes brought about by the Legal Services Act 2007, Compli delivers an innovative and flexible package of tailored support, including expert advice and assistance on:
- business management
Members of the Group regularly advise on ABS applications, structural and operational changes, strategies for external investment and procuring on-going support from funders, and we maintain close links with the SRA, lenders and funders.
The in-depth sector expertise of our Legal Sector Group is delivered by a spectrum of specialist support from across the firm, from corporate advice on structure and insolvency issues, to employment and HR advice, all delivered in flexible, cost effective manner, potentially including fixed fee and other funding options.
At the heart of our services for law firms is our focus on reducing risk and increasing efficiency and profitability. Our aim is not only to ensure that your firm does not fall foul of the regulator or the bank, but to provide it with the support it needs to flourish.