RTA Whiplash Reforms: Getting out of RTAThe Whiplash Reform Programme came into force on 31st May 2021 as a result of the Civil Liability Act 2018. The reforms change the way in which RTA whiplash claims are handled. The main changes introduced include: The...
10 steps towards retirement for your law firmThe process of retiring as a solicitor can be a complicated one, especially for those making the decision to close or sell their law firm; there are many issues to consider but the following 10 points will help make the...
Managing an orderly and compliant law firm closureThe decision to close any business is never an easy one to make; however, closing a practice within the legal services industry can be a fairly complex process. Struggles in obtaining professional indemnity insurance,...
An interview with Paddy Scully: Overcoming financial challengesThe most recent recruits to the R&R Solutions panel are a triumvirate of lawyers who have all experienced their own challenges, which they have worked through and come out the other side stronger and...
Law firm succession planning: Your firm's futureLaw firm succession planning Whether you run a small firm or a large law practice, the loss of a key employee or partner can have a massive impact on your firm. Planning for the long-term future well in advance is key...
Law firm mergers: Exiting a market before merging As the legal market in England and Wales continues to change, solicitors’ mergers and acquisitions are becoming more and more common. Consolidation within the legal market over the past few years has meant that larger...
Majority of Whiplash Claimants Still RepresentedChanges to whiplash claims arising from road traffic accidents, which were brought about as a result of The Civil Liability Act 2018, have been in force for almost 6 months now. The reforms were introduced to reduce the...
Retiring as a Solicitor: Understanding Your OptionsWhen a solicitor reaches a certain age, they will inevitably be required to make the decision to retire. In some cases, the retirement of a solicitor may mean that the firm decides to exit a specific area of law, in...
APIL and Law Society Respond to Fixed Recoverable Costs ExtensionFixed recoverable costs will be extended in England and Wales in response to the consultation on extending fixed recoverable costs in civil cases, implementing Sir Rupert Jackson’s proposals. The Lord...
Fletchers Solicitors Takeover: “The future is firms that have the size to compete”Fletchers Solicitors was recently taken over by a private equity house, Sun European Partners, who have plans to transform the law firm into a major consumer practice. Fletchers...
Retirement Project - Grant Saw Solicitors LLP
“With our claimant personal injury partner retiring in we decided the time was right to step back from PI work. We reviewed the market options, were disappointed at the discounts being applied by potential buyers of the WIP and were referred to R&R’s offering the full realisation of WIP over time. It has effectively delivered what it “said on the tin” - over the project period we have seen a steady flow of receipts being accounted for to us, allowing us to recover the full value we had built up in the files."
- Mike Clary, Partner
Restructuring Project - Copley Clark
“Having taken a strategic decision to be completely step out of the claimant personal injury sector we were R&R’s first client to step back on a phased basis. R&R customised their offering specifically for us and I am happy to say it has worked a treat. We could focus our own resource on matters where we had a possibility of concluding within our timetable and utilised R&R’s panel firms to continue to work on other matters. Not only have their services allowed us to retain the value we had built in the files, the nature of the services ensured we were able to offer our clients the option of moving to firms with the skill sets required to best service their specific needs. For firms considering restructuring we would have no hesitation recommending R&R Solutions."
- Malcolm Lawrence, Partner
Restructuring Project - Farley Dwek Solicitors
" We had an extremely positive experience working with R&R Solutions after making the strategic decision to move away from an area of law and retune our business model. The process was very straightforward, and we were really pleased with the overall outcome. We would highly recommend the Recovery First model as a practical solution to any law firm wishing to exit a specific sector.”
Jonathan Dwek, Director
Ticking all the boxes for a quick, clean, confident exit from legal markets due to restructuring or retirement.
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07887 796 989
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