Professions Finance

For the Scottish legal profession in general, October and November are notoriously expensive months for a few standout reasons. From practising certificate renewals, to VAT bills and, Professional Indemnity Insurance...

Renewing Professional Indemnity insurance (PII) cover is becoming more difficult for architects. Many are experiencing rising premiums and exclusions, with legacy projects now seen as high-risk by insurers.

Maintaining access to the funding you need to grow your practice is a crucial requirement for all legal firms, with ever-present demands for capital often resulting in a significant drain on cash flow.

With over 30 years’ experience of providing finance to the professional services sector, we’ve helped thousands of professional practices with short-term finance to cover recurring costs such as VAT, Corporation Tax,...

On Tuesday night (3^rd October), the 9th annual Leasing World Awards took place at London's Hilton Bankside.

The awards, one of the most respected in the leasing industry, recognise good management, innovation and...

Professional Indemnity Insurance (PII) is necessary to provide businesses with the relevant cover for damage costs, which may be incurred if a claim is made by their clients in the event of an error. The insurance...

Latest research reveals that law firms are now waiting 11 days longer for invoices to be paid, with the average time for payments hitting 15 weeks.

Recent figures released by the Financial Reporting Council, show that the number of accountancy firms has fallen from 6,962 to 6,622, a result of the increase in firm mergers.

Latest figures, based on HMRC tax returns, reveal that the total earnings of barristers as a profession have risen to £1.5 billion, up 5% on the year previous. The average income of an individual barrister has also...

Covering the cost of your annual Practising Certificates can be a costly expense, especially given it falls so soon after the recent PII deadline, making planning for this expense increasingly difficult for many...

Last night played host to the 7^th annual Leasing World Awards held at the White Hall Place in London. The awards acknowledged 19 strong winners for their outstanding contribution to the equipment leasing and asset...

Professional Indemnity Insurance (PII) can save firms millions of pounds, and for many it is often misunderstood. Ed Stace, our Head of Direct Business, has put together five key facts that every business needs to...

As the economic situation brightens and levels of work in high fee areas such as real estate, corporate finance and M&A return, UK law firms are looking to expand and they are increasing their borrowing to do so, our...

Professional Indemnity Insurance (PII) is one of the largest costs your practice may face and can often be a significant drain on your cash flow.

Research shows that there were 174 mergers between law firms in the UK in 2014. Whilst the total number of mergers has fallen by 11%, many are now being driven by plans for growth rather to cut costs, as the...