Business Banking and Finances
Banking Support, Funding, Cashiering, Costs Drafting and Accountancy
Our financial consultancy services are extensive, ranging from offering your law firm financial management services to legal cost management to arranging basic level finance on a case by case basis. From arranging basic level finance on a case by case basis through to helping you find a new banking and partner and looking after your costs, we have the experience and expertise to provide much needed services.
i. Banking Support
At the Strategic Partner we understand how important it is to have a solid banking relationship. We work with and alongside some of the major UK banks providing services to law firms and their clients.
We can help you choose your banking partner and work with you as necessary to secure banking facilities that work for your firm.
If you are starting out and need a banking provider or seeking a change to your existing provider, our business financial consultancy team are here to understand your needs and work with you to help deliver the perfect banking solution for your Firm.
ii. Funding Requirements
From time to time law firms require financing and funding arrangements. Whether assistance with specific case funding through to more complex finance for Practice and resource management we have access to founders willing and ready to lend into the legal sector.
Understanding the exact needs of as Firm's finance requirements is key to a successful and competitive finance arrangement that works for your firm.
For more information on finance options and to speak with one of our team confidentially about the need and possibility of finance contact us and we will discuss requirements and introduce you as necessary to potential suitors for your needs.
iii. Cashiering Service
The Cashiering department is central to a law firm and is an area where mistakes must be avoided at all costs.
The Strategic Partner has a detailed understanding of the workings of a cashiering department gained through extensive practical experience.
Our services include:-
- Cashiering Audit or Health Check
- Holiday Cover
- Application of the Solicitor Account Rules
- Outsourced Cashiering Service
- Project based cashiering support
Our experienced team has extensive knowledge that can cater for all needs of a law firm.
We will discuss with you the needs of your firm and work with you to ensure the cashiering solution you have, or are seeking, works in tandem with your firm and ensure compliance with the Solicitors Accounts Rules.
The outsourcing of the cashiering function provides small to medium firms with the expertise that it may be difficult to obtain in house and is a cost effective way of having high quality centralised cashiers working for your Firm. Whether it is all or part of the cashiering function you are seeking to outsource our team can meet your needs.
To enquire about any of our cashiering services call us on 0207 842 1830 or email your enquiry to firstname.lastname@example.org.
iv. Costs Drafting
Legal Costs Drafting, Negotiation and Advice is a specialist area of law, requiring extensive knowledge and experience to ensure legal costs are dealt with properly.
The Strategic Partner is proud to be working with Civil & Commercial Costs Lawyers Ltd (CCCL), one of the leading costs consultancies operating in England and Wales.
As a member of The Strategic Partner, you can benefit from discounted rates on their services. We can also organise bespoke training for your firm on a range of Costs related topics.
CCCL offer a full range of costing services for all types of legal matter from low to high value. Their services include:-
- Cost Drafting & Negotiation
- Cost Budgeting
- Agency and Advocacy
- Solicitor/Client Disputes
- Legal Aid
- General Costs advice and support
- WIP Valuations
In addition CCCL offer extended services to support law firms and these services include:-
- Training and Seminars
- Expert Witness Reports
We have chosen CCCL as our Partner as their range of services is complete and extends to all areas of law and all sizes of firm which means each of our members can benefit from their expertise and guidance.
For more information on CCCL Ltd visit their website www.civilandcommercial.com.
We have partnered with Menzies who are a leading Accountancy firm in the UK with experts working with law firms providing a full range of accountancy based services and solutions to law firms and their owners.