SRA-Regulated Practice
Legal consultancy solutions for law firms
Are you the owner of a SRA-regulated practice exploring future options?
As an SRA-regulated ourselves, we understand the operational and compliance demands that can pose consistent challenges to running a practice profitably on a day-to-day basis.
Legal landscape challenges
Problems faced together.
- Worried about rising indemnity premiums and future costs?
- Concerned about devising an exit strategy, finding a buyer or managing run-off procedures in the future?
- Perhaps, as a property SRA-regulated practice, you’re restricted by Lender Panel and accreditations limitations?
- Or maybe you want to refocus and enjoy practising again, shed administrative back-office burdens yet retain flexibility, earning potential and independence?
Whatever your reason, the legal landscape has changed and there are more options to consider than before.
With over 10 years’ experience successfully transitioning multiple SRA-regulated practices into our business, we can work with you to find the right way.
Your Practice, Our Support
Complete Autonomy: Retain all the benefits of your legal business without the administrative burdens of running one.
No Start-Up Fees: We invest in your long-term success with no charges for transition support.
Earn Up To 75% Of Your Billing: Maximise your earning potential, while reducing your operating costs.
Workspace flexibility: Keep your office space or reduce your costs further by using our office spaces as meeting rooms and hot desks.
Full Professional Indemnity Cover: Grade A PII up to £20 Million.
Technical Legal Support: Dedicated Legal heads for each practice sector, providing technical support and advice.
Dedicated Consultant Concierge Team: Providing ongoing support and help with any problems or queries you may have.
Marketing: Meet with our Head of Consultant Marketing to develop, discuss and implement your Strategic and Tactical Marketing and Sales plans.
Cross Referral Network: Access our robust business development network of cross client referrals.
Collaborative Consultant Community: Digital consultant communications systems and face-to-face networking and social events to foster closer ties across the whole organisation.
Industry Leading CMS & IT: Utilise cutting-edge technology with full induction and training from our dedicated team.
Accredited: Enjoy Lexcel and CQS accreditations for expanded work opportunities.
Legal Subscriptions & CPD: Access our Westlaw, PLC to subscriptions and our Legal and business-wide CPD courses at no cost.
Centralised Digital Mail & Post Room: Use our dedicated centralised opening and scanning services. Send and receive post from anywhere for seamless correspondence handling.
Collateral: Receive free Taylor Rose branded stationary, letterheads and business cards to get you started, and add professional profiles on our website for you and your team members.
Legal Services Operations Team (LSO): Through our client portal, we will chase client instructions on your behalf, arrange certified IDs, signed documents, payment on account and then pass the file over to you. when work is ready to begin.
Post Completion: For a nominal fee, rechargeable to the client, we will handle all your post completion administration, enabling you to focus on active matters.
Lender Panels: We have a team overseeing our status, ensuring all our property consultants have access to the whole mortgage market.
Your Practice, Our Partnership
Interested in understanding in how we can help with the next steps for your SRA regulated practice?
Contact our Partner & Head of Acquisition Stephanie Bristow, at stephanie.bristow@taylor-rose.co.uk
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At Taylor Rose, we believe legal professionals should have full transparency and control over their earning potential. Moving away from the traditional law firm structure allows consultants to define their own success by choosing how much they work, what they charge, and the clients they represent.
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