At Core Connect Accountants, we understand the unique financial challenges faced by barristers and legal professionals. Our specialised services are designed to support you at every stage of your legal career, ensuring your financial affairs are managed with precision and compliance.
Why we love working with barristers and legal professionals:
The legal profession demands precision, integrity, and dedication – values we share and uphold. Partnering with you allows us to contribute to the legal community by ensuring that your financial affairs are managed meticulously, enabling you to focus on delivering justice and advocacy.
Challenges you might encounter:
- Complex tax obligations: Navigating intricate tax regulations and ensuring compliance can be daunting.
- Irregular income streams: Managing fluctuating earnings requires strategic financial planning to maintain stability.
- Time constraints: Balancing a demanding caseload with financial management can be challenging.
- Compliance and reputational risk: Heightened compliance risk in relation to client money handling, regulation and professional conduct e.g. the Bar Standard Board, the Solicitors Regulatory Authority and the Law Society.
- Professional and regulatory compliance: We are keenly aware of the importance of compliance with the additional regulation that barristers and legal professionals face. We reduce your risk by listening to your needs and being pinpoint focused on accuracy, responsiveness and being compliant.
