Structure is merely a vessel for a legal business, not a solution. It will not change the firm culture or make the firm profitable. As with any business, success is your customer service and relationships – you will stand or fall on those.
Looking at the various options for structure and set-up, this On Demand seminar provides insights into what best enables you to deliver to clients while maximising your returns, whether financial and/or lifestyle – in short, how to choose and implement a structure to suit you and the way you work, rather than vice versa.
- Refresh your understanding of the structure/entity options available including sole, partnership and incorporation; and the respective legal requirements, restrictions, operating considerations and implications including for the individuals involved.
- Receive guidance on the range of situations that might justify a change in structure/ entity type, and how to create a structure (and craft appropriate documentation) that’s simple, flexible and meets the needs of those involved.
- Gain insights into developing the full package: ownership, governance, responsibilities, regulatory, premises and resources.
- Become updated on the rationale for and workings of innovative, ‘new law’ models of operation evolving which allow lawyers to provide services to clients in different ways.
- Gain a deeper understanding of the true financial implications of the different structure/entity options, including for remuneration, overheads and resources.
Who should view?
This session will be relevant to all practitioners but will particularly assist principals, partners, directors and practice managers of small to medium firms as well as barristers, including those considering changing entities/structures or career paths.
Access details will be delivered via email within 15 minutes.
Thomas & Co Lawyers Limited
(incorporating Titirangi Law Centre)
Don commenced practice in 1971, became a principal in 1975 and was in sole practice from 1986 - 2016. Since then, he has been a director in Thomas & Co Lawyers Ltd, and merged with Titirangi Law Centre in 2017.
Don completed Legal Practice Management, levels 1 and 2, at the University of NSW (Armidale). He was an Auckland District Law Society Council Member 1979 - 1985, on its Forms and Costs Committees 1979 - 1985 and on the Auckland District Legal Aid Committee 1980 - 1985. He is a Council member of the New Zealand Society of Notaries.
SHIFT Advisory Limited
Prue is a senior financial services lawyer with around 17 years’ private practice and in-house experience spanning across corporate law, financial services regulation, KiwiSaver, funds and superannuation.
She is a director of SHIFT Advisory Limited which was incorporated in January 2018.
Moore Stephens Markhams (Auckland)
Sam is a Business Services Partner at Moore Stephens Markhams Auckland. He has been in private practice accounting since 1993 and a partner since 2001. Sam works with small to medium sized legal firms across NZ assisting with profit-improvement strategies and firm management issues.
He specialises in legal firm valuation and providing litigation support, particularly with valuation and s 15 disparity calculations in accordance with the provisions of the Property (Relationships) Act.
Sam enjoys working in the legal sector and it has become a significant part of his overall general business advisory practice in recent years.