Starting a new law firm

Armstrong Watson has vast experience in supporting individuals, or groups of individuals, to set up their own law firm practices. 

We will help you decide if starting your own law firm is the right decision for you, and if you decide to proceed, we can manage the process from end-to-end, ensuring a smooth and seamless set-up.

We will provide and agree fee options for each stage of the process in advance of commencing any work for you.

Our costs do reflect value for money based upon our track record of delivering results, and ensure your law firm
is set-up correctly and compliantly from the outset.

We can support you with an initial face to face meeting to understand your plans to date, objectives and priorities.

Initial discussions include:

  • Structure considerations
  • Understanding the SRA authorisation process
  • Compliance and risk advice/requirements
  • Financial considerations
  • Suggestions for introductions to key contacts and suppliers in the legal sector

We can also support you with the following:

  • Provision of the SRA application forms for the practice to become a recognised or licensed body, with suggestions
  • on how to complete the forms.
  • Creation of trading vehicle
  • Review of the SRA forms prior to submission
  • Preparation, or review, of integrated financial forecasts prior to submission to the SRA
  • Review of business and continuity plans prior to submission to the SRA
  • Registration for the appropriate taxes
Contact our Legal Sector Partner, Andy Poole, on 07828 857830 or andy.poole@armstrongwatson.co.uk to discuss how we can help you.

  Read more about the benefits of appointing Armstrong Watson

What is it?

A managed service to set-up a new law firm.

Who is it for?

Individuals, or groups of individuals, who are considering setting up their own law firm.

What are the benefits for you?

1. You will understand the risks before embarking on the process. 2. Reduce your exposure to those risks 3. You will be compliant from the outset. 4. Your law firm will be set-up effectively from the outset.

What do I have to do?

Attendance at the initial face to face meeting. Action points as agreed from the initial meeting.

What are the deliverables?

SRA recognition.

What is the cost?

£875 plus VAT and disbursements for initial assessment and planning meeting. The above is the fixed fee payable in advance cost option. Additional fees to be agreed in advance following the initial meeting.

How long will it take?

Six months.

Your Key Contacts

Andy Poole

Legal Sector Partner

07828 857830

Email Andy

Rosy Rourke

Legal Sector Director

07557 951148

Email Rosy

Tom Blandford

Legal Sector Director

07793 621951

Email Tom

Get in touch

To find out more about how we can help you or your business, call us on 0808 144 5575 and speak to a member of our team. Alternatively use our contact form to send us a message or arrange a callback.

CALL 0808 144 5575

or

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