When invited to acquire the Practice from the former Partners, we approached Richard Gibson and his Glasgow legal sector/Corporate Finance team to assist us with the purchase.
Richard and his team quickly demonstrated an excellent knowledge of the taxation and regulatory issues surrounding the purchase, and helped structure the transaction to ensure the acquiring business was structured appropriately, and benefited from the most tax advantageous structure when completing the purchase.
Richard built an excellent working relationship with our corporate legal advisor, our funders and the in house finance team to make the purchase and takeover as seamless as possible, and his ongoing involvement has allowed us to focus on the development of our own Practice.
Graham Craik, Managing Partner, Levy & McRae
Following a recommendation made to us, we have engaged the specialist Legal Sector team at Armstrong Watson for our accounts, audit and SRA Accounts Rules compliance requirement. We have been impressed by the breadth of their specific knowledge of the sector and how that helps them to proactively advise us. We greatly appreciate the consistent use of staff, and their interaction with our accounts team works very well indeed. Their advance planning makes everything work seamlessly and they have already spotted and enacted improvements that have helped to simplify our accounts and save us money.
Philip Browell, Director, Browells Smith & Co Solicitors Ltd
We used Armstrong Watson for the first time this year to conduct our SRA Audit. I was impressed; not only with their thoroughness and professionalism, but also with the efficiency of the whole process. The audit is an essential element of our compliance processes, but it also has the potential to be a major distraction for the business. The Armstrong Watson team gave us very clear guidance from the outset and used technology well to deliver a highly effective audit with no unnecessary work for us. We will be returning to them next year.
Nick Benson, Managing Director, Ortolan Legal Limited
Despite being the largest independent claims management company in Ireland, when we made the decision to move into legal services in England, we knew the process of applying to become an ABS could well be a time consuming and daunting task.
We wanted to make the ABS application process as smooth and efficient as possible from our point of view, and so decided to instruct the specialist legal sector team at Armstrong Watson to assist us with our application.
From our initial enquiry, and right throughout the process, I was impressed with the level of professional input and advice from Rosy Rourke and the team working with us.
The result was that our ABS application was approved very quickly, and we were very happy with the service that we received. I would recommend the team at Armstrong Watson to anyone else considering applying to become an ABS.
Alan Bailie, Director, MIS Legal Services Limited
We moved to Armstrong Watson due to their specific legal sector expertise and knowledge. We have been very pleased with the quality and efficiency of the accountancy, tax and financial advisory services provided by Andy Poole, Graham Poles and the rest of the AW team. We value the fact they truly understand our business and the legal sector as this enables them to provide us with pro-active valued added advice and suggestions to make our business and strategic business planning even better.
Carl Newton, Managing Partner, Myerson
The specialist legal sector team at Armstrong Watson has been instructed by Burnetts Solicitors to prepare the firm’s financial statements, tax returns and SRA Accounts Rules reports as well as the partners’ personal tax returns since 2011. I have been in a joint managing partner position since 1 January 2014 and have worked particularly closely with them since becoming sole managing partner on 1 January 2015. In that time, I have been impressed with their speed of response. When we need something actioned, it is always done within the agreed timetable. That is in part due to their attention to ensure that we provide them with everything that they need in order to help us. Initiatives have been established to ensure that timetables are adhered to and all costs are agreed in advance.
We benefit from their pro-active advice and suggestions; particularly recently regarding our trading structure, law firm alliances and ways to reduce our costs. In addition, they have presented to our people on cross-selling initiatives and improving their understanding of their impact on the success of the firm. They have also offered one to one tax surgeries with each of our partners in order for them to plan their personal affairs, which we will benefit from this year. Their benchmarking analysis of the firm allows us to have strategic conversations with them, and also with my partners internally.
All in all, they help us to improve our business.
Nick Gutteridge, Managing Partner, Burnetts
Having faced a number of approaches from law firms and companies over the years to acquire Pryers, it was important for us to wait patiently for the right opportunity with the right company to forge ahead with. Pure Legal undoubtedly presents that opportunity and I am delighted to get this deal over the line and I look forward to working with Phil and his team.
Thanks to our Accountant, Andy Poole and his team from Armstrong Watson, for their diligent work. We were genuinely impressed with their advice and representation.
Ian Pryer, Managing Partner, Pryers LLP
Having appointed Armstrong Watson to prepare our SRA Accounts Rules reports, we have been extremely impressed with the manner in which they arranged the transfer of responsibilities from our previous accountants. Their specialist legal sector team has been very easy to deal with and they have provided practical solutions to issues, based on experience. The whole process has been unbelievably smooth and we are delighted with the decision that we have made.
Shru Morris, Finance Director, Napthens LLP
We engaged Andy Poole and his specialist legal sector team at Armstrong Watson as our accountants in 2012, only the second firm of accountants we have used in our 18 year history. We found that their management of the handover of responsibilities from our previous accountants was very smooth and constructive.
In the first year, we have been very satisfied with the level of specialisation which they bring to our sector. Our previous accountants were a top 10 UK firm, but we do not feel that they were able to offer the same depth of advice. Andy’s knowledge of the legal market shines through in his pro-active advice and they have been very keen to help to improve our business.
They have already suggested and implemented a change in our business structure to better suit our commercial needs. This should result in very significant tax efficiencies, even though we have not noticed any real changes to the way we run our practice on a day to day basis. We get on with running our practice and they get on with supporting us.
We are very happy with our decision to appoint Armstrong Watson and we are sure that they will bring on-going benefits to our business going forward.
John Gaunt, Senior Partner, John Gaunt & Partners
Andy's knowledge of the legal sector is phenomenal and his in-depth understanding of the issues being faced by lawyers at this time of unprecedented change is undoubtedly of huge help to his clients. He can identify ways of structuring a legal business so as to operate within the confines of a highly regulated environment but whilst making it more effective and more profitable. He is also personable and presents informative and engaging training sessions - which are not always qualities that can be attributed to accountants!
Natalie Saunders, Managing Director, Pharos Legal