For Law Firms
More than just advice
At Nexia, our specialists are well-versed in the unique challenges and opportunities businesses in the legal sector.
We provide practical, proactive and cost-effective solutions through our full suite of tax, advisory and business services. Our partner-led approach means you benefit from a dedicated team to provide you with a holistic and personalised service.
We support your firm to manage its finances, optimise operations, ensure compliance with regulations, and provide strategic advice to support ongoing growth and profitability.
Solutions for legal firms
- Annual accounting and tax compliance: Managing annual accounting and ensuring tax compliance.
- Fringe benefits tax (FBT): Handling FBT obligations.
- Understanding ATO obligations regarding partnership and service trust income: Navigating ATO requirements for partnerships and service trusts.
- Trust account audits: Conducting audits of trust accounts.
- Corporate secretarial: Providing corporate secretarial services.
- Tax planning and strategies: Developing tax planning strategies.
- Succession planning: Assisting with succession planning.
- Budget and forecasting: Creating budgets and forecasts.
- Entity structure advice: Advising on the best entity structures.
- Mergers and acquisitions and restructuring: Supporting mergers, acquisitions, and restructuring efforts.
- Profitability analysis: Analysing profitability.
- Guidance on the allocation of professional firm profits: Advising on profit allocation.
- Virtual CFO solutions: Offering virtual CFO services.
- Navigating service trust distributions: Managing service trust distributions.
For Legal Professionals
Setting you up for success
We partner with legal professionals to create effective wealth creation and tax compliance strategies to optimise your financial position, expand career opportunities, and plan for your ideal retirement lifestyle.
Our team of wealth management specialists understand the legal sector, and provide a holistic approach through financial planning, superannuation advice, personal insurance protection advice, and mortgage and estate planning advice.
Solutions for Legal Professionals
- Annual tax compliance for family groups: Managing annual tax compliance for family groups.
- Structuring and entity establishment: Advising on structuring and establishing entities.
- Self-managed super fund (SMSF) establishment and annual compliance: Setting up SMSFs and ensuring annual compliance.
- Superannuation contribution advice: Providing advice on superannuation contributions.
- Wealth building advice: Offering strategies for building wealth.
- Cashflow forecasting and projection: Creating cashflow forecasts and projections.
- Debt management: Assisting with managing debt.
- Income protection insurance: Advising on income protection insurance.
- Investment and portfolio construction advice: Providing advice on constructing investment portfolios.
- Tax advice, planning and strategies: Offering tax advice, planning, and strategies.
- Understanding of and experience with practice software: Expertise in practice software including Barbooks, Practice Evolve, Aderant, and Filepro.
- Competitive finance and lending solutions: Offering competitive finance and lending solutions.
Legal Sector Expertise Flyer
Get in touch
Connect with us today and discover how you or your business can reach its full potential.