As law firms strive to enhance their productivity, streamline operations, and make data-driven decisions, they are turning to innovative solutions.
With industry sources suggesting that over 70% of legal professionals struggle to complete essential training and learning activities, we asked clients and industry partners for their feedback regarding how an online learning strategy can impact challenges and improve efficiencies.
Here’s what we found out …
In today’s world, UK baby boomers are active and engaged in their communities, they are financially-savvy and, according to Saga’s Generation Experience report, around two thirds of them support charities. Taking care of their family is crucial and – just like most of us – they hope that any inheritance they pass on will be valued and used wisely. In this environment, offering advice on the inheritance tax (IHT) incentives on charitable donations included in their Will takes on even greater significance.
As the summer approaches, law firm owners in the UK find themselves facing an important financial milestone—tax due in July. Amidst the complexities of running a successful law practice, managing tax obligations can be a daunting task. With the aim of providing valuable insights and assistance, this article, written from the perspective of The Practice Loan Company, a trusted partner specialising in unsecured business funding options for UK law firms, seeks to guide law firm owners through the intricacies of tax planning and highlight the importance of maintaining financial stability.
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