Guidance & Help on the SRA Transaprency Rules

Guidance & Help on the SRA Transaprency Rules

These rules came into effect as mandatory on 6th December 2018. They affect you if you are regulated by the SRA and carry out work in the following practice areas: Services for the public:  Domestic Conveyancing Probate Motoring Offences Employment Tribunal Work Immigration Services for Business: Debt Recovery up to £100,000 Employment Tribunal Work Licensing […]

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2 Business Models for a Legal Practice

I was working with a law firm a little while ago, helping it through some changes in it’s practice. The managing partner said to me “You know, were really just a collection of sole practitioners”. That summed up beautifully one of the business models have I come across many times when working with firms. I […]

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CGT Changes for Conveyancing 6th April 2020

From 6th April 2020 capital gains tax on the disposal of residential land is payable within 30 days of completion. Here’s a link to HMRC advice:

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HCL is Awarded "Best Law Firm Business Consultancy – Midlands" 2020

Delighted to share that we have been informed that HCL has been awarded: "Best Law Firm Business Consultancy – Midlands" in the SME News Legal Awards 2020.

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IR35 extension 6th April 2020 – Hiring Consultants & Contractors

Please note – we are not tax accountants – BUT this is something that businesses, including larger law firms, need to be aware of. Get appropriate tax advice. IR35 – a bear trap for companies hiring external help. Basically, the Inland Revenue wants to ensure that the state is not being done out of taxes […]

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How Good Staff Management Can Add to your Bottom Line

I expect most of you have experienced poor management in your career. It can leave you feeling bewildered, undervalued & demotivated. I have and I’ve seen others close to me undergoing it as well. I’ve had the privilege of coaching some people through it until they come out to the other side. So why does […]

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5th AML Directive came into force today

Today the 5th AML Directive comes into force. If you are a law firm we can help you update your AML policies & procedures. Here is a link to the guidance from the Law Society with a summary of the changes as well.

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Squeezing the Middle – how to make more profit

Top Line minus Middle Line equals Bottom Line. In simplistic terms this is the equation for Profit. Top Line is the exciting stuff: new sales. Everyone loves a new sale. The risk arises when people focus on new sales alone. Of course, if you don’t get sales there is no business. Driving up turnover is […]

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SRA write to firms asking for declaration you have an AML Policy in place

They said they would do this. Now they have. This week they have written to all firms caprtured by the 2017 Money Laundering Regulations requiring the COLP to sign a declaration confirming that your practice has a firm-wide money laundering risk assessment in place. The deadline for responding is 31 January 2020. Firms outside the […]

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How HCL can help you with your Compliance obligations

There seems to be a constant stream of compliance requirements that a busy practice owner or compliance officer needs to keep up with. That ontop of trying to win work, do the work, manage staff and spin all the other plates required! We recognise that and want to offer help. We have therefore developed a […]

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"We at Spires Legal wholeheartedly recommend Ingemar and his team at Hunnings Consultancy Ltd. Ingemar has supported us throughout our journey from new start up to established firm. It is refreshing to have a consultant that takes the time to understand your business and its priorities, stands by your side as it develops and is flexible in approach as your needs change.
The feedback we have from our team, and which we regularly hear from others is that Ingemar is an insightful and knowledgeable trainer who is comprehensive yet engaging in his approach. Still unsure? Five minutes on the phone with Ingemar and you will be sold on how much value he can add to your business!"

Arj Arul - Director at Spires Legal

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