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By Huw Nicholls

23rd October 2025

The Law Society issues Practice Note on residual client balances 

The Law Society has published a practice note setting out the requirements and practical guidance for dealing with residual client balances. Here are the steps law firms can take to ensure compliance. 

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By David Wilson

23rd October 2025

Is a management buy-out appropriate for your family business?

When it comes to planning the succession of your family business, a management buy-out (MBO) might be an appealing option that can help preserve the legacy you’ve built by keeping it in trusted hands.

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By Helen Robinson

16th October 2025

Staff Christmas parties and employee Christmas gifts

It’s almost the season to celebrate and give to those we value. From a business perspective, what are the best ways to reward staff at this time of year?

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By Lee Hayes

11th October 2025

Funding options for management buy-outs

Management buy-outs (MBOs) are a popular exit route for the owners of companies, whereby the senior management team purchases the assets and operations of the business. When it comes to sourcing funding to facilitate the MBO, this can come from a variety of sources, each with its own advantages and disadvantages. 

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By Hayley Deeming

9th October 2025

Will the 2025 Autumn Budget bring about a further shift in the tax landscape?

This year has already brought a string of changes to various tax measures that have sparked concern for many. We’ve seen increased employer National Insurance Contributions (NICs), planned reductions in Inheritance Tax reliefs and a continued freeze in income tax thresholds, to name but a few. But what could be next, and what scope for change will manifesto commitments allow?

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By Ed Connell

9th October 2025

Survey insights reflect high insolvency rates in construction industry

The construction sector experienced the highest number of insolvencies of any industry, according to the latest statistics from The Insolvency Service. The data, published in September, shows that in the 12 months to July 2025, there were 3,973 insolvencies in the construction industry, accounting for 17%.

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By Armstrong Watson

8th October 2025

How much is my law firm worth?

One of the biggest questions when you are looking to buy or sell a law firm is ‘what is it worth?’ Whether you are selling due to retirement or buying a firm to allow you to expand and grow, valuation is often the key point for consideration.

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By Emma Copley

2nd October 2025

Financial advice vs DIY: When should you pay an expert?

Financial advice should be used to add value to your overall circumstances. Whether you’re thinking of an early retirement set in the South of France, with warm weather and an endless supply of good wine, or want to take a step back in your own business, an adviser can help you with a financial plan to ensure a comfortable future and could mean the difference between retiring at 60 or 70!

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By Armstrong Watson

2nd October 2025

Report reveals impact of rising pressures and resilience in the face of increasing challenges

We are delighted to share our 2025 Family, Privately Owned and Owner-Managed Business Survey Report, which captures the voices of 858 businesses from across the UK, offering vital insights into the challenges, opportunities and aspirations of this vital sector.

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By Armstrong Watson

25th September 2025

An Interview with… Ben Hunt-Davis, Olympic Gold Medallist & Co-Founder of Will It Make The Boat Go Faster?

Ben Hunt-Davis helps executive and leadership teams align behind ambitious goals, focus on what really drives performance, and work better together. We caught up with him to explore three crucial questions business leaders should be asking right now.

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