MHA [1]’s Partner Guide will aid you to focus on the key issues, challenges, and opportunities throughout your career, to ensure your affairs are managed in the most efficient and effective manner.
This guide has been developed by the specialists at MHA for newly appointed partners to seasoned equity stakeholders, all who are moving through every stage of their professional career.
It is designed to help you navigate the financial and legal responsibilities that come with partnership, while also supporting you in managing day-to-day finances and long-term strategic financial planning. Whether you’re preparing to become a partner, have recently taken on that role, or are planning for succession and retirement, this guide offers insights into the unique financial considerations of partnership in the UK legal sector.
It focuses on key personal and professional milestones, with practical suggestions to help you make informed decisions that safeguard and enhance your financial wellbeing.
We recognise that sound financial planning is critical for long-term success. Many of the themes explored in this guide—such as profit extraction, capital contributions, tax efficiency, and retirement planning—are relevant throughout your career. Revisiting this guide regularly, particularly after changes in legislation or life events, can help ensure your financial affairs remain well-structured and aligned with your goals.