Legal Professional Accountant

From attracting and developing new business to finding and keeping good people, professional services companies face their own set of challenges. As a professional services firm ourselves, we understand what keeps you up at night, because we have overcome many of these challenges ourselves.

Legal professionals have a significant number of considerations that command their attention on a daily basis. Between preparing for your next case to researching new legal developments there is little time left for marketing your firm and to ensure that your business is running as efficiently and effectively as possible. At Method we work with lawyers, helping them to make their practice as effective as their ability in the courtroom. Our team of business advisors are committed to understanding the changing dynamics that are affecting all legal practices, as well as the unique influences and trends that may impact you personally.

While every professional business has its own unique challenges, many key considerations span across all industries. From marketing your practice to staying on top of regulatory developments to thinking about succession strategies, it is clear that a successful professional business is about far more than just client care. Like you, we believe in developing lasting relationships with our clients. We aim to help you achieve your personal and professional goals by offering a customized range of services at every stage of your practice. By understanding your needs, we can help you determine what success looks like to you today, five years from now, twenty years from now and when you retire.

Legal Accounting Services

Whether you are just starting a practice or planning for your retirement, we help you identify and answer any key questions to ensure you understand your options and make the best choices that fit with your unique situation and goals.

  • Deciding on when to incorporate and when to introduce a holding company

  • Define goals and manage risks through regular planning

  • Tax and estate planning

  • Emerging government business legislation

  • Manage cash flows, conserve working capital and determine when to pay off debts

  • Minimize tax liabilities, leverage tax credits and stimulus to maximize profitability

  • Identifying new tax incentives or technology that could help your business attract new clients

  • Establishing benchmarks and service analytics

  • Growing your Practice

  • Maximizing the value of your practice

  • Succession planning and maximizing the value of transitions and practice exits