Welcome to CM Murray LLP. This site uses cookies, read our policy here.

author: Corinne Staves

Professional Services Firms: Will They Buy Us, and How Much Will They Pay? Ten-Minute Talk

April 26th, 2024 by Stuart Smith

In this first in a two-part series of Ten-Minute Talks, special guest Andy Poole (COO and Legal Sector Partner at Armstrong Watson), Corinne Staves and Zulon Begum (Partners at CM Murray LLP) explore strategies for mergers and acquisitions in professional services firms. This discussion will be of particular interest to professional services firms, including founder led businesses, considering merger or sale as a means of […]

Posted in
Comments Off on Professional Services Firms: Will They Buy Us, and How Much Will They Pay? Ten-Minute Talk

Economic Crime and Corporate Transparency Act 2023: Changes from 4 March 2024 and the Implications for LLPs and Professional Firms

April 23rd, 2024 by Mitchell Blythe

The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) aims to improve the prevent fraud and enhance the UK’s reputation for businesses, according to Business Minister, Kevin Hollinrake. As part of this reform, Companies House will transform many of its processes to help tackle economic crime and improve transparency of the Companies House register. […]

Posted in
Comments Off on Economic Crime and Corporate Transparency Act 2023: Changes from 4 March 2024 and the Implications for LLPs and Professional Firms

HMRC guidance on salaried member tax rules: What are the implications of these changes? Ten-Minute Talk

March 25th, 2024 by Stuart Smith

At the end of February HMRC updated its guidance on the salaried member tax rules. The changes focus on Condition C, in connection with which many firms have asked their fixed share partners to make substantial capital contributions. Many are worried that there may need to be a significant change in approach, particularly for fixed […]

Posted in
Comments Off on HMRC guidance on salaried member tax rules: What are the implications of these changes? Ten-Minute Talk

Significant shift by HMRC will force LLPs to review their partner compensation

March 5th, 2024 by Mitchell Blythe

HMRC has recently updated its guidance on the salaried member tax rules. The key consequence is that LLPs which rely on the contribution of capital to be confident that members are not taxed as employees need to review, and potentially change, their approach. In the simplest terms, the salaried member rules required LLP members to […]

Posted in
Comments Off on Significant shift by HMRC will force LLPs to review their partner compensation

Effective Integration of Lateral Hires in Law Firms: Ten-Minute Talk

January 29th, 2024 by Stuart Smith

In this Ten-Minute Talk, Partners Corinne Staves and Zulon Begum speak with legal recruitment expert Stephen Rodney, founder of IntoGreat Coaching, about how to ensure the effective integration of lateral partner hires in law firms. Key discussion points from this Ten-Minute Talk: How effective are lateral hires within law firms overall? Are firms and individuals getting it right and what improvements […]

Posted in
Comments Off on Effective Integration of Lateral Hires in Law Firms: Ten-Minute Talk

View our top 5 most popular Partnership and Regulatory Law content from 2023

January 11th, 2024 by Stuart Smith

In this news alert, we bring you a round up of our top 5 most popular Partnership and Regulatory Law content from 2023. What Are The Key Aspects of LLP Agreements That Firms Need to Update in the Current Climate? – Ten(-ish) Minute Talk In this Ten-(ish) Minute Talk, Managing Partner Clare Murray and Partner Zulon Begum discuss […]

Posted in
Comments Off on View our top 5 most popular Partnership and Regulatory Law content from 2023

Law firm mergers- a workshop for law firm leaders: PPA Event – 29 November 2023

September 21st, 2023 by Stuart Smith

Law firm mergers- a workshop for law firm leaders: A Professional Practices Alliance (PPA) Event – 29 November 2023 – 14.00 GMT

Posted in
Comments Off on Law firm mergers- a workshop for law firm leaders: PPA Event – 29 November 2023

New Levy for Firms Payable by 30 September 2023

September 1st, 2023 by Mitchell Blythe

A new economic crime levy is payable by firms with turnover over £10.2m. The deadline for registration and the first annual payment is 30 September 2023, after which, it will be payable on an annual basis, provided the firm is still liable to pay. In this alert, non-contentious partnership law Partner, Corinne Staves, provides an overview […]

Posted in
Comments Off on New Levy for Firms Payable by 30 September 2023

International Law Firm Mergers: Navigating the Challenges

August 9th, 2023 by Stuart Smith

This article was first published in Solicitors Journal on 4 July 2023. An international merger can create a sensational headline when two prominent global law firms join forces or when two single-jurisdiction firms merge to expand their reach or safeguard their operations, such as IP firms seeking a presence in continental Europe after Brexit. Nonetheless, […]

Posted in
Comments Off on International Law Firm Mergers: Navigating the Challenges

Key Considerations for a Successful Law Firm Merger – Part 3: Process and Implementation

July 26th, 2023 by Mitchell Blythe

As 2023 progresses, the trend for law firm merger activity seems set to continue. Whether you are two elite global law firms planning a transatlantic tie-up, or a well-established national firm looking to implement your growth strategy through the acquisition of successfully smaller practices, the process is remarkably similar. Remember, a merger is a means […]

Posted in
Comments Off on Key Considerations for a Successful Law Firm Merger – Part 3: Process and Implementation