Professional services solicitors
Our professional services solicitors support firms in their creation, development and progression, and, should the need arise, during more difficult times.
At Ramsdens Solicitors, we believe that there are unique characteristics within professional services firms which must be highlighted and understood when advice is sought or given.
Our team of senior lawyers and advisers support businesses operating as partnerships, LLPs and limited companies across a wide range of service offerings, including legal, finance, architects, surveyors, estate agents, engineers, medical, and dental. Wherever professional talent is deployed by a business to generate revenue, we are here to underpin your work.
Tailored advice
Our professional services solicitors tailor advice to each particular circumstance of a situation or issue, most commonly including one or more of the following:
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Change management
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Core documentation and governance
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Firm performance
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Mergers and acquisitions
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Performance management and talent development
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Pre-dispute and dispute resolution support and litigation
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Regulatory issues and liaison with governing bodies
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Reward and progression structures
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Sensitive investigations
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Succession planning and implementation
Our specialist Partner led team comprises a number of current and former Managing Partners, combining management and business experience with legal expertise.
Examples of our Work
Case example 1
Acting for and advising a law firm operating as a limited company dealing with the departure of a key Partner and team. Issues of governance, plus director and shareholder duties and rights, were combined with an ongoing requirement to maintain firm-wide performance. We worked alongside specialist accountants, valuing the business as a whole, and looked at department files and work in progress with a view to creating an orderly exit, whilst protecting the practice for the benefit of the remaining owners and officers.
Our key processes included:
- Planning and overseeing material change to the remuneration, professional development and governance structures of a leading professional services firm.
- Taking the business from design and planning, through key stakeholder consultation to a formal vote to endorse the programme of change.
Case example 2
Acting for a legal practice in the protection of its business under threat from a departing Partner intent on acting in breach of restrictive covenants. A proprietary interest in a body of clients was established, protecting them from solicitation by the departing Partner.
