Legal Profession
Westbury acts for a number of legal practices, for which it not only carries out client audits but also deals with the Partners' own accounts and tax affairs. The firm has an understanding of the way in which the legal professions operate and this extends to our large number of clients who are barristers, including a number of QCs and some judges.
The Brief
- Start up advice - Converting ideas into a business plan (Skeleton Business Plan)
- Setting up accounting systems,computerisation,client accounts,treatment of disbursements,banking arrangements
- Partnership protection,partnership/members' agreements,profit sharing structures
- Raising finance - Consideration of practice funding
- Structure - Selecting the most appropriate strucure be it Partnership or Limited Liability Partnership (LLP)
Office account
- Monthly/Quarterly accounting - Production of up to date management accounts and specific Key Performance Indicators
- Annual Accounting and Auditing - Production of annual accounts and client audits where required -Reports to the Law Society
- Payroll services - Weekly/monthly payroll processing
- Operational Services - Client service quality - Cash control systems - Budgets and forecasts
- Recruitment and Induction - Recruitment, interview, induction and training - Staff motivation
- Specialist management consultancy - Increasing revenue - Specialist marketing - Pricing - Bonus/incentive schemes
Legal Aid
- Practice development - Partnership changes; disputes; disposals/acquisitions
- Strategic advice - Strategic plans;
- Taxation - Full taxation compliance service
- PAYE and Investigations - Full service including quantifying and negotiating settlements
- VAT - VAT advice and assistance with investigations
Contact Keith Graham: keithg@westbury.co.uk, telephone number: 020 7553 7122
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Excellent service, competitively priced.
Lawrence Gould




