Professional services firms sell judgement and time, which makes their own legal arrangements easy to neglect: engagement terms that undersell liability protection, partnership and shareholder arrangements that no longer match reality, and key-person risk that surfaces only when a senior team member leaves.
Mercurae understands professional firms from the inside, because we are one. Our lawyers advise on engagement letters and liability caps, LLP and shareholder agreements, team moves and restraints, and the succession questions that every partnership eventually faces.
We work on a fixed retainer or fixed project fees, a model professional firms recognise because many are moving to it themselves. Advice arrives quickly and in plain terms, from lawyers who know what it is to manage clients, people and risk at the same time.
The result is a firm whose own house is in order: protected on liability, clear on ownership and succession, and free to give clients its full attention.
"Adam, Rebecca, and the wider team at Mercurae have been an invaluable partner and trusted advisor to Buzzacott; providing expert advice and support whether it is with in house services or larger legal projects specific to our audit and accounting sector. We have fostered a strong relationship over the years, and it really does feel like Mercurae are part of in-house legal counsel. They have provided expert advice and guided us in many key commercial decisions. Their professionalism and attention to detail make them a trusted ally in our firm. I would highly recommend Mercurae to any professional services/ accounting firm seeking legal services support."
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