LEGAL

Markhams acts for a significant number of legal firms and barristers.

Markhams Auckland has been conducting a Legal Practitioners' Financial Performance Survey comparing practitioners Key Performance Indicators since 2006.

We work closely with other professionals in the Legal Sector and can assist small to medium sized legal firms with:

• Advice on firm mergers, partner admissions and retirement
• Law Firm Valuations
• Litigation Support
• Audit and Forensic Accounting

Law firms have been able to incorporate with the passing of the Lawyers and Conveyancers Act on 1 July 2008. The Markhams team has been assisting legal firms and barristers with the transition from a partnership or sole trading practice to a incorporated legal firm.

We can assist with:

• Valuation of existing partnership
• Tax aspects of Sale and Purchase of firm
• Shareholder Agreements – particularly entry and exit clauses of your agreement
• New Remuneration Structure with dividends and salaries
• Accounting and general Profit Improvement Strategies using our experience of what has worked with our other legal clients