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The Role of a Credit Line in Law Firm Finance
Managing business finances extends well beyond the January tax bill; it encompasses a series of obligations that affect cash flow...

Paul McCluskey
2 min read


Is Borrowing Cheaper Than Paying Cash?
Borrowing versus paying by cash. Weight up your finance options

Paul McCluskey
4 min read


Maximising Your Finances: The Power of Compound Interest, APR, and Flat Rate Loans Explained
When it comes to borrowing and saving decisions, it's crucial to make sure that you understand the various financial tools at your...
Gemstone Legal
4 min read


Key Benefits & Uses of Commercial Finance for Law Firms
The legal market today is arguably more competitive, and more volatile, than ever before. Of course, the actual legal services that a law...
Gemstone Legal
4 min read


4 tools from Gemstone Legal to optimise your law firm’s financial position
In today's rapidly changing legal landscape, it is more important than ever for law firms to actively monitor their financial stability...
Gemstone Legal
4 min read


Ensuring Financial Stability and Viability: A Critical Imperative for Law Firms
In the ever-changing landscape of the legal profession, one thing remains constant: Too many law firms undervalue the role a proactive...
Gemstone Legal
5 min read


Guiding Law Firms Through Funding for Professional Indemnity Insurance Renewals
Professional Indemnity Insurance (PII) provides financial protection against claims made by clients or third parties for losses incurred...
Gemstone Legal
4 min read


Why Securing Funding for PI Insurance Premiums Early is a Game-Changer
The legal sector often grapples with many uncertainties, but one of the most basic recurring considerations a law firm must face is the...

Paul McCluskey
3 min read


Understanding the revised Recovery Loan Scheme (RLS)
As the UK economy continues to face uncertainty from the COVID pandemic many UK legal practices may find continued pressures on cashflow...

Paul McCluskey
3 min read


Understanding the Recovery Loan Scheme (RLS)
Businesses which have previously received support under the existing schemes will still be eligiblss facilities under this new scheme...

Paul McCluskey
3 min read


Three Wise Kings of Law Firm Finance
As we look to welcome in a new year, the UK economy waits with anticipation over the prospect of an effective COVID-19 vaccination and...

Paul McCluskey
3 min read


Preserving cash during the COVID-19 lockdown and beyond
Law firm failures due to a lack of cash is not a new concept, however, I think we all appreciate the problem is amplified during the...

Paul McCluskey
1 min read