As the first half of 2025 draws to a close, we can certainly confirm that, in terms of announcements and deal activity, it was a record-breaking half year. On the back of a very busy 2024, it is safe to say 2025 has not shown any slow down in transactions in all areas of the…
Accountancy Age recently released a report on the accounting industry for 2024-2025, and the key challenges for accounting firms struck a chord with us. These areas are core to our business’s offering. The survey at the heart of the report was answered by a range of firms varying from small accounting practices to the big…
Legal Practice M&A Sector Brief: Q2 2024 Law firm mergers and acquisitions activity has greatly increased in Q2 following a relatively slow start to the year, but in some respects unsurprising due to the nature of the M&A market more broadly in 2023. Appetite is growing from both buying and selling practices in dealmaking, as…
Capital Gains Tax (CGT) has become a focal point in the general election. Speculation is growing over what changes might happen post-election, with many believing there will be increases. As a business owner, what impact could this have? CGT is a tax on the profit you make when you sell (or ‘dispose of’) an asset…
Let’s chat about something that’s shaking up the world of accounting in a big way – artificial intelligence, or AI as it’s more commonly known. Imagine if a clever bit of technology could swoop in, sort through your data mountain in a flash, and even offer some sharp insights. That’s exactly what AI is starting…
As the first quarter of 2024 draws to a close, it was a record breaking quarter for what naturally is usually a quiet time for Accountancy M&A. This is due to tax return season and then the inevitable break that many practitioners look to take post 31st January to recharge the batteries. For me, however,…
As the first quarter of 2024 passes by, extraordinarily quickly it must be said, legal practice mergers & acquisitions (M&A) activity is notably on the rise. It was a less buoyant market than expected last year, perhaps due to some unhelpful examples of legal M&A deals gone wrong (I’m sure I don’t need to remind…
The current spate of mergers and acquisitions across the accounting industry is a result of several dynamics, including succession plans and a Covid hangover, according to AJ Chambers’ Director James Gosling. The accounting industry has been the subject of several acquisitions so far this year, with the likes of Sumer and Baker Tilly both snapping up firms and a…
Transforming Mergers and Acquisitions James Gosling, Director and Head of M&A at AJ Chambers, discusses the importance of Business Intelligence and technology in the Accountancy and Legal market. In collaboration with Pulse. Second to its people, data is one of the most powerful assets any company has. This becomes even more evident in the Mergers…
Succession planning in the legal profession is crucial for equity partners to ensure the smooth transition of their practice and the preservation of its legacy. However, when there is a lack of interest from within the firm to take over, partners must explore alternative strategies. The considerations of selling a legal practice well in advance…
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