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We have over 30 years' experience advising and defending accountants

Our accountants team has extensive experience of handling both contentious and non-contentious matters for accountancy firms. We have been involved in numerous high profile matters and are uniquely placed to assist all sizes and types of accountancy firms.

On the non-contentious side, our professional practice lawyers offer a range of services for the largest international accountancy networks as well as for smaller firms. These include risk management implications for global networks, and insurance and reinsurance captive arrangements under the different legal and regulatory regimes in which they operate.

Our contentious experience includes defending firms sued in small to multimillion-pound claims, and dealing with disputes covering the full range of audit, tax, advisory, valuation and insolvency services provided by accountants. We are handle claims concerning allegations of failure by the auditors to detect fraud. This is a specialised area requiring specific expertise with regards to auditors’ reports. We advise on a range of regulatory, disciplinary and investigatory proceedings, and guide our clients through the particular challenges presented by parallel domestic and cross-border civil and disciplinary proceedings.

We also work with a number of accountancy firms in relation to their employment matters, partnership disputes and team moves.

Our Accountants Work

  • UK & Europe
  • D&O/PI cover for a leading national accounting firm

    The FSA led an investigation into operations systems and controls (FS regulated advice).  This raised questions regarding the nature and extent of our client's cover. We were therefore required to advise as to the adequacy of this cover. We then assisted with the transition of our client into...

    United Kingdom

    Merger and restructuring of two accountancy firms

    Advised our client on a number of complex employee/partner related matters arising out of the merger of two accountancy firms, and subsequent restructuring, which included a TUPE transfer of the business. The merger triggered exits from 6 teams of partners and their staff at 6 different...

    United Kingdom

    Incorporating a new business

    Advised on the Incorporation of an accountancy business, including transfer of the business from the partnership to a new company and preparation of a shareholders agreement.

    United Kingdom

    Partnership to LLP - Transfer of business

    Transfer of the business of an accountancy practice from a partnership to an LLP, including an LLP Members agreement and rebranding

    United Kingdom

    Advised on PI submissions for a leading national accounting firm

    Advised an accountancy firm on their PI submissions regarding the FRC investigation into previous employee. We also investigated the background as to why our client went insolvent

    United Kingdom

    "Sedation Solutions" - Incorporating an LLP

    Advised a group of several Consultant Sedationists in relation to their grouping under the banner of "Sedation Solutions". This involved the incorporation of the new LLP (and a related limited company), advising the parties in relation to the LLP Agreement, advising the LLP in relation to the...

    United Kingdom

    Individual investment in a Limited Liability Partnership

    Advised an individual in relation to their investment in an LLP. Our role included the incorporation of the LLP, advice in relation to the preparation of the LLP Agreement, preparation of senior and junior debt documentation and all security documentation, and all ancillary documentation...

    United Kingdom

    Multi-million pound negligence claim

    Acting for a major accountancy in relation to a liquidation of a stockbroking company.  In relations to a multi-million pound negligence claim

    United Kingdom