Specialist Chartered Accountants for Solicitors

Absolutely! While we are based in London, our digital systems enable us to work seamlessly with law firms across the UK. Through secure cloud platforms and online communication tools, we can handle your accounting needs remotely. Whether you're in Manchester, Birmingham, or anywhere else, we ensure that you receive the same level of service and compliance support, no matter your location.

While our primary focus is on providing accounting services for solicitors and law firms, we also serve a variety of industries, including tech startups, property management, e-commerce, construction, healthcare, and more. Our expertise in the legal sector makes us uniquely qualified to offer specialized services tailored to solicitors, but we also understand the specific needs of other industries and offer comprehensive accounting solutions for them as well.

Tax planning is crucial for solicitors, as there are specific rules and deductions that apply to the legal profession. Our accountants specialize in corporation tax, self-assessment for directors, capital allowance optimization, and VAT to ensure that your firm minimizes its tax liabilities while remaining fully compliant with HMRC regulations. We help solicitors with effective year-round tax planning, taking advantage of all available exemptions, deductions, and credits, allowing your firm to keep more of its income.

Yes, we offer a 30-minute free consultation for solicitors and law firms. During this session, we’ll assess your firm’s unique accounting needs and provide you with a tailored overview of how we can help with SRA compliance, tax planning, bookkeeping, and more. Whether you are just starting your practice or managing a growing firm, our team will provide you with valuable insights and a clear path forward for your accounting needs.

Yes, we can seamlessly take over your firm’s accounting services even in the middle of the financial year. We will coordinate with your current accountant to ensure a smooth transition without disrupting your financial operations or missing any important deadlines. Our team will manage the transition, ensuring that all of your records are up-to-date, and we will handle the necessary filings and reports to ensure continuity and compliance.

At ABM Chartered Accountants, we specialize in compliance with the SRA Accounts Rules, which are critical for law firms in managing client funds and maintaining accurate financial records. Our team ensures that client funds are segregated properly, conducts regular reconciliations, and prepares SRA accountants' reports. We also perform regular internal audits to identify any potential areas of non-compliance, providing solutions to address them proactively. Our goal is to give you peace of mind that your firm is always compliant with the strict regulations governing solicitors’ financial operations.

At ABM Chartered Accountants, we combine legal expertise with accounting excellence. Our team includes both solicitors and chartered accountants, ensuring that we fully understand the specific financial needs of law firms. We use modern digital tools to provide real-time access to your accounts, ensuring transparency and efficiency. Additionally, we offer fixed pricing, so you can avoid unexpected costs, and we provide proactive advice to help your firm grow and remain compliant. Unlike many accountants, we don’t just file reports—we offer ongoing strategic guidance and tailored solutions for your law firm’s success.