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The Partner’s trusted partner
Business services, tax advice and wealth management for professional firms and their Partners.
Your business partner
For generations, we’ve partnered with legal practices, consultancy firms, architects, surveyors and accountants to provide a renowned, tailored service. We understand the challenges and complexities involved in navigating the lifecycle of professional practices.
Businesses increasingly need an adviser who understands the complexity and dynamism of their often mature, highly regulated business environments. Uniquely, we provide assurance, tax and advisory services to your professional services firm, whilst possessing the capacity to undertake tax compliance and financial planning for your partners. This enables your firm to achieve higher levels of financial success and enhance the financial security of your partners.
You'll feel in control and confident that you have expert professionals working with you.
Our services
Whether you’re a professional practice looking for tax and assurance assistance, or you’re worried about the current business outlook and increased competition, our advice and expertise is shaped around what you require.
Assurance and accounting
Professional services firms need an effective and efficient financial system to meet business demands and regulatory requirements. We ensure that your financial affairs are structured and safeguarded, providing support for incorporation, capital funding and any profit-sharing allocations.
Financial wellbeing
We believe that every employee should have peace of mind about their finances. That’s why we’ve developed Moneyhealth, a state of the art financial wellbeing platform. Moneyhealth offers a 24/7 online financial wellbeing programme with goal tracking tools, budgeting capabilities, engaging content, regular financial health assessments and personalised resources.
Annual law firm survey 2024
Celebrating the 30th anniversary edition of the Annual Law Firm Survey, delivering insight and attitudes into the state and challenges of UK legal firms.
Annual Top 50 analysis
In collaboration with Law.com, we have analysed the latest set of filed accounts for the top 50 UK law firms for the year 2022-23 and the UK legal market appears to be in rude health. They reveal revenue for the top 50 firms was just under £24 billion, up 8.54% on the previous year. It was only in 2020/21 that the top 50 broke through the £20 billion barrier.
Read our report to find out more or get in contact to see how your firm compares to the top 50, with our new interactive dashboard.
Professional Practices Leaders
In our dedicated Professional Practice Leaders section, we talk to your peers about the challenges and steps they are taking to build the practices of the future.
How we can help
Explore below to find out how we can help your company with your business challenges
Accounting and assurance
Providing accounting advice and comfort on your firm’s financial reporting
Tax compliance and advice
Preparing and submitting your firm’s and partners’ annual tax returns, along with advising on the tax impact of various transactions and structures
Regulatory
Satisfying regulatory reporting requirements
Funding
Advising on finance options, including optimal partner funding, improving lock-up and working capital management and securing external investment and disbursement funding
Performance enhancement
Advising on profitability improvements, including margin maximisation, operational efficiency, cost reduction and achieving post-acquisition integration synergies
Partnership disputes
Acting as expert witness and mediating on disputes
Employee benefits
Retaining talent by enhancing your employee benefits offering
Partners’ finances
A full range of financial planning and investment advice to provide enhanced financial security
Profit sharing
Advising on profit sharing strategies to drive desired behaviours
Incorporation
Assisting with the incorporation of a partnership as a company or LLP
Investigations into rogue partner activities
Assessment of scale of inappropriate behaviours and prevention measures
Data identification post cyber attacks
Investigation into impact of hacking activity
Administration of insolvent professional practices
Formal appointments and solutions for firms in financial distress
M&A
Assisting with mergers and acquisitions, including target due diligence, sources of funding, structuring and post-deal implementation
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Read our latest news and insights
Business Confidence
Optimism is a key characteristic of any leader. With that in mind, it is perhaps no surprise that those involved in the management of law firms or performing the role of partner are confident in the year ahead – even in the dark days of the pandemic in our 2020 survey 90% of respondents said they were confident about the future - and that was before a vaccine had been identified.
The business case for financial wellbeing
Imagine a way to improve your employees' performance by 25%, without radical organisational change.
Cyber Risk for Law Firms
The legal sector is a highly attractive target for cyber security threat actors due to the sensitive client information and large sums of money that law firms routinely handle. Senior leadership must be engaged with cyber risks and ensure active backing and support for security management initiatives spanning people, processes and technology.
Events & webinars
Latest events hosted or faciliated by Evelyn Partners
Unlock the power of business transformation
When the world changes, change smarter – register for our exclusive in-house event with our panel of experts exploring how to transform and optimise your business.
‘The Partner’s Trusted Partner’: Things to consider when becoming a partner
The taxation and pensions landscape continues to be complicated.
‘The Partner’s Trusted Partner’: Retirement from the partnership
Offering strategic advice around retirement from a partnership including tax considerations, estate planning, pensions and planning for life-changing moments.
Speak to an expert
Connect with the power of good advice
By understanding your goals and aspirations, we offer the services that enable you and your company to thrive. Contact us today and our specialists will be there to assist you.