In our first podcast with our Community Partner, Azets, Emma and her guests share their first-hand knowledge of the operational and financial challenges that law firms in Wales face – and what lies ahead.
I’m joined by Katherine Broadhurst, Partner in the Corporate Finance team and David Holden, Director in the Audit and Business Services department at Azets, for a whistle stop tour of some of the key trends and issues currently affecting legal practices. We also explore the corporate transaction market in Wales and my guests from Azets share their own experience of consolidation and what the legal sector can learn from other industries.
Azets works with legal firms on a daily basis on matters impacting their own financial performance and position and those of their clients, supporting all to achieve their desired outcomes. They also collaborate with lawyers on both sides of corporate transactions, succession planning and consolidation. Over the next 12 months, we’ll focus on some of the topics raised in this podcast, and more, with the Azets team in Wales.
This podcast is a must for partners, directors, practice managers, corporate and commercial lawyers and anyone responsible for succession planning, finance and growth in a legal practice. It’s also a useful listen for lawyers considering their career in law and the structure of law firms now and in the future.
Stream my conversation with Katherine Broadhurst and David Holden at Azets (profiles below) now, or listen to the Legal Sector Resilience Podcast on all good podcasting apps. To stream the episode, scroll down or click on the feed to stream from your favourite podcast player here. Don’t forget to favourite / follow our podcast channel to receive the latest episodes as they launch.
Want to know more?
Azets is a specialist local accountants and business advisory group providing audit, payroll, corporate finance, tax and banking. For more information on the Azets team in Wales, please click here.
Katherine Broadhurst, Partner – Corporate Finance, Azets
Katherine leads the Corporate Finance offering at Azets across Wales and South West regions, providing the full range of transaction related support to SMEs.
Katherine is a Fellow of the Institute of Chartered Accountants in England and Wales and has nearly 20 years experience in providing value added advisory services to clients with her legal background providing a broader view of any transaction and funding process.
The corporate finance and wider advisory support provided by Katherine and her team includes deal management services to clients seeking to acquire or exit, raising funding from a wide range of funders and development agencies, strategic reviews including development of integrated financial models, pre-acquisition and pre-lending due diligence and systems benchmarking exercises for private, public and third sector clients.
David Holden, Director – Audit and Business Services, Azets
David is a qualified member of the Institute of Chartered Accountants in England and Wales. He is a Director within the Audit and Business Services department and based in Azets’ Cardiff office. David has a wealth of experience in working in both practice and Industry since qualifying. His experience includes:
- Compliance requirements of SME’s including statutory account, VAT and management accounts;
- Management and completion of audits for a portfolio of SME’s, professional practices including law firms and larger organisations across a range of sectors including technology, construction and manufacturing;
- Advising on the implementation of internal accounting systems and controls;
- Benchmarking performance of organisations across sectors and industries and against budget, and providing recommendations on identified weaknesses;
- Preparing Accountant’s reports to support claims for Government grants.