Junior Barristers: financial planning considerations

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8 February 2018

Saunderson HouseSaunderson House’s latest video by Simon Maydon, Associate Director with his advice to Junior Barristers for financial planning considerations.

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Don’t get caught out by the traditional equity partnership model

David Beech 2

It’s no secret that these are challenging times for some of the UK law sector as it tries to keep up with emerging digital trends and increasing demand from clients. But there is buoyancy in the market and opportunities for those businesses that are agile and brave enough to challenge the status quo – the traditional equity partnership model. We’ve seen it all too often where partners have been duped into putting their assets against a failing business that is riddled with debt. We’ve even received calls from partners to discuss bankruptcy and that the possibility of moving house is no longer possible, due to the LLP they joined going into liquidation.

March 22nd, 2018