LLP Accounts

  • Eversheds set to review voting rights for fixed-share partners

    By Pui-Guan Man | April 8, 2014

    Eversheds is reviewing voting rights for its fixed-share partners after asking them to contribute 25% of their annual earnings to the firm.

    1 minute read

  • HMRC to press on with LLP tax changes

    By Legal Week | February 24, 2014

    Partners at limited liability partnership law firms will have to comply with one of three tests in order to satisfy the tax authorities they should not be treated as employees, new guidance shows.

    1 minute read

  • Hill Dicks asks salaried partners for capital investment ahead of LLP tax changes

    By Alex Newman | February 19, 2014

    Hill Dickinson will ask its non-equity partners to invest 30% of their salary into the firm, ahead of changes to the tax rules for limited liability partnerships. The move is currently subject to a consultation, which kicked off a fortnight ago. Exact details of the plan will be presented to the partnership at the end of the month, with the firm hoping to raise the capital by 31 March.

    1 minute read

  • Trowers seeks cash injection in light of HMRC partnership tax changes

    By Pui-Guan Man | February 10, 2014

    Trowers & Hamlins is set to issue a cash call to its fixed-share partners in response to partnership taxation changes brought by HM Revenue & Customs (HMRC).

    1 minute read

  • Norton Rose Fulbright LLPs reveal 75% drop in net debt

    By Pui-Guan Man | February 10, 2014

    Norton Rose Fulbright reduced its net debt by £18.6m during the 2012-13 financial year, according to the firm's latest limited liability partnership (LLP) accounts. The report, filed with Companies House, showed that overall net debt dropped from £26.1m to £7.5m.

    1 minute read

  • Ashurst's top earner pocketed £977k in last full year pre-merger

    By Anna Reynolds | February 7, 2014

    Ashurst's highest paid earner took home £977,000 in 2012-3, down from over £1m in 2012, according to the firm's LLP accounts. The filings – which look at the financial year before the firm's merger with Australia's Blake Dawson - show that net funds dropped from £20.9m in 2012 to £6.9m at the end of 2013. Cash at the bank fell from £21.2m in 2012 to £7.2m.

    1 minute read

  • LLP round-up: Pinsents spent £20m on merger, while other firms show net debt hikes

    By Pui-Guan Man | February 5, 2014

    Pinsent Masons' latest limited liability partnership (LLP) filing shows the firm spent £20.6m on its merger with Scottish firm McGrigors in 2012. The transaction incurred costs of £2.5m related "reorganising, restructuring and integrating the acquisition", according to the accounts filed with Companies House.

    1 minute read

  • DLA Piper accounts show rise in capital contributions as net debt falls

    By Anna Reynolds | February 4, 2014

    DLA Piper's international partnership saw capital contributions by members more than double to £47.7m in 2012-13, according to its latest limited liability partnership (LLP) accounts. The accounts for DLA Piper International, cover the firm's operations outside the US, and reflect a move to an all-equity partnership from May 2012. They show capital contributions increased to nearly £48m compared with £22.4m the previous year, with the rise coming as equity partner numbers outside the US grew from 246 to 733 over the same period as a result of the all-equity move. The filings show the firm still had an average of 19 non-equity members working across the international business during 2013.

    1 minute read

  • Legacy SJB LLPs show pay for top earner dropped by 10% for 2012-13

    By Pui-Guan Man | February 3, 2014

    Legacy SJ Berwin's highest paid member took home £834,000 during 2012-13, according to the firm's latest limited liability partnership (LLP) filing.

    1 minute read

  • Taylor Wessing posts 2012/13 fee income hike but profits hit as costs rise

    By Pui-Guan Man | January 30, 2014

    Fee income at Taylor Wessing grew to £101.7m for the 2012-13 financial year, according to the firm's latest limited liability partnership (LLP) accounts. The accounts, filed with Companies House, show that fee income rose 4.4% against the previous year's equivalent, when the firm brought in £97.4m.

    1 minute read

More From ALM

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
September 06, 2024
Johannesburg

The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.


Learn More
November 27, 2024
London

Celebrating achievement, excellence, and innovation in the legal profession in the UK.


Learn More
March 24, 2025 - March 27, 2025
New York, NY

Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.


Learn More

Columbia Law School seeks an experienced lawyer with a background in criminal defense and a strong interest in community lawyering and clini...


Apply Now ›

WittKieffer is proud to partner with Mom's Meals in the search for their Director of Legal Affairs. Mom's Meals is an investor-owned compan...


Apply Now ›

Nutley Law firm concentrating in plaintiff's personal injury for plaintiff seeks an Attorney with three or more years of experience in New J...


Apply Now ›
06/27/2024
The American Lawyer

Professional Announcement


View Announcement ›
06/21/2024
Daily Business Review

Full Page Announcement


View Announcement ›
06/14/2024
New Jersey Law Journal

Professional Announcement


View Announcement ›