Solicitor News

Accounting for solicitors and legal professionals is a specialist area that requires expertise and an understanding of the sector
How Will Brexit Affect the Legal Sector?

How Will Brexit Affect the Legal Sector?

Who would have thought that as we enter the final stretch of 2020 the UK is yet to agree on a trade deal with the EU? Even though a deal has not yet been agreed the Solicitors Regulation Authority (SRA) has confirmed that some changes will definitely happen no matter...

Are Solicitors more Affordable than People Think?

Are Solicitors more Affordable than People Think?

The Solicitors Regulation Authority (SRA) has recently conducted a survey of 3,539 users of legal services. The survey found that only 10% of consumers believed that solicitors were an unaffordable option once they had accessed information on price. This figure was...

Government Announces £3.1m Funding Plan

Government Announces £3.1m Funding Plan

Government Announces £3.1m Funding Plan for Litigants in Person The Ministry of Justice (MOJ) and the Access to Justice Foundation have worked together on a joint initiative to provide a grant worth £3.1 million to support litigants in person, (a person, company or...

Rebound Revenue for Law Firms

Rebound Revenue for Law Firms

Revenue rebound for Law Firms Legal revenues increase by 19.5% in June The latest figures from the Office for National Statistics indicate that revenues in the UK legal industry jumped by 19.5% in June compared to May. It should be noted that May is normally among the...

Law Firms Confidence Increasing over Long-Term Workload?

Law Firms Confidence Increasing over Long-Term Workload?

Law Firms Confidence Increasing over Long-Term Workload It may come as a surprise to some that a recent report has suggested that, even in this difficult economic period, a third of law firms remain confident about their future workloads. These firms believe the...

Smaller law firms hardest hit by lockdown

Smaller law firms hardest hit by lockdown

Smaller law firms hardest hit by lockdown The legal sector has held up fairly well compared to the wider economy with revenue down by just 5% in April according to official statistics. However, experts caution we have not yet seen the full impact of the pandemic. A...

Tax Rates 2020/21

Tax Rates 2020/21

Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...

Hawsons are here to help COVID-19

Hawsons are here to help COVID-19

During this difficult time Hawsons are here to help and support their clients as best they can The Government has announced new measures to help businesses through this difficult time. The first being the tax helpline to support businesses affected by coronavirus. If...

Bank of England Update for Businesses and Households

Bank of England Update for Businesses and Households

Bank of England Update for Businesses and Households During this difficult time for businesses and households, the Bank of England has put together a list of sites where you can find the latest updates from the Government. The following has been circulated by the bank...