A move into legal services is the next step for progressive top 40 UK accountancy practice

Left to Right Paul Tutin Chairman, Streets Law and Adam Aisthorpe , Managing Director and Commercial Lawyer – Streets Law

STREETS LAW has been set up as the dedicated legal services practice of Streets Chartered Accountants, a top 40 UK accountancy firm. The move is one that is certainly pioneering for a mid-tier multi regional firm like Streets. Whilst the ‘Big 4’ accountancy firms have taken the lead in establishing a legal services provision in one form or another, most accountancy practices have not followed their lead. Following changes in government legislation, accountancy practices can now own and operate firms that are independently authorised by the Solicitors Regulation Authority.

When asked why Streets has set up its own legal services firm, Streets’ Chairman and Managing Partner, Paul Tutin, said:

“The pace of business has never been so fast and our clients’ affairs seem increasingly complicated. As such the demand for a much more holistic and commercially minded approach is one we continue to experience, especially from our corporate and business clients.

“The ability to offer a multi disciplinary approach, including financial, tax, business and legal advice is becoming ever more essential. In looking to establish a law service offering we have been extremely fortunate in being able to work with Adam Aisthorpe, co founder of Streets Law.

Commenting on his new role as Managing Director and commercial lawyer with Streets Law Ltd, Adam Aisthorpe said:

“I am really excited at being able to build a new law firm practice from the ground up, one that reflects the changing needs and expectations of clients. The ability to work with colleagues from other disciplines, including accountancy, corporate finance and tax is something I am particularly looking forward to. Providing legal advice in the round will be both rewarding personally, but also extremely beneficial to our clients. The benefits of which include joined up thinking, a linked service and that of a collective commercial mindset.