About us.
What we can do for you...
Gemstone Legal was given its name by founder Paul McCluskey’s daughters, who as it happened were going through a bit of a gemstone phase at the time. And who said naming a business was tough?
Aside from the odd bit of confusion around whether the firm has a strategic focus on the mining industry (it doesn’t!), Gemstone Legal has since become one of the go-to advisers for new UK law firms looking to launch and grow, as well as more established firms seeking to ensure they’ve got their ducks in a row.
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At Gemstone Legal we understand that the right banking and finance package coupled with an appropriate risk-based approach is critical to the ongoing success of a legal practice. With 30 years financial services experience, and over 20 years specialising in law firm financial management, we are uniquely placed to offer independent advice to maximise your business cash and manage operational risks.
Increase income.
For you and your clients by sourcing improved deposit interest rates.
Source business finance.
To support your business cashflow needs.
Support with compliance
To enhance your firm's approach to operational excellence.
Provide an independent audit
Including AML, file reviews and a full firm review with a written outcomes report.
How we can help.
Paul McCluskey
Founder of Gemstone Legal.
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Former UK Head of Professional Practices at Lloyds Bank and Bank of Scotland, with over 30 years financial services experience, 20 years specialising in the legal sector.
One of the constant challenges for law firms is finding the time to refine and perfect the way they operate to achieve lasting success. When banks began stepping back from providing specialist support, I saw the opportunity to fill that gap.
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I founded Gemstone Legal to provide independent, trusted advice exclusively for the legal sector. As a Law Society–approved Lexcel assessor and NACFB Assured finance broker, I specialise in law firm risk and finance. Our service is genuinely different – combining deep sector knowledge with practical solutions that deliver measurable value, as confirmed by the feedback we receive from our clients.​