Running your own practice doesn’t leave much breathing room. Between clients, compliance, and the day-to-day decisions that come with managing a legal business, it’s easy for financial planning to get pushed to the edges. Most of the solicitors we speak to aren’t ignoring it; they’re just caught in the middle of everything else.
We’ve worked with enough legal professionals to know the challenges aren’t just about earnings or expenses. They’re about time, regulation, liability, and making sure the business you’re building also supports your personal goals.
At Rockwell, we offer wealth management services that are shaped around the realities of owning or leading a legal practice in Ireland. It’s not about theory, it’s about helping you make clear decisions with the information you’ve got, even when everything else is moving fast.
Understanding the Legal Landscape
For solicitors running their own firm, the financial picture can be layered. Personal income is often tied up in the business. There may be retained profits, partnership agreements, pension complexities, and regulatory requirements, not to mention the pressure of making the right call for your family, your team, and yourself.
We help legal professionals step back and get a clearer view of it all. Not to overcomplicate it, but to put the right things in place, quietly, in the background, so there’s less worry when you do eventually step back or make a change.
Tailored Wealth Management – Not a Template
Some financial advice doesn’t suit the legal world. You might be dealing with unpredictable billing cycles, delayed client payments, or years where profit is uneven. What works for salaried employees rarely applies here.
That’s why we take a more hands-on approach. Working with you to map out a financial strategy that fits the way your practice operates and how your income actually flows.
This might involve:
- Structuring income more effectively
- Making pension contributions work harder for your long-term goals
- Planning around potential practice sale or succession
- Reducing personal exposure while still protecting business assets
- Building personal wealth in parallel with the firm’s growth
Who We Work With
We support:
- Principal solicitors and sole practitioners
- Legal partners in small to mid-sized firms
- Practice owners who are starting to think about stepping back
- Solicitors making the move from in-house or corporate settings into private practice
Some come to us early, looking to avoid missteps. Others have built successful practices but want help making the transition toward long-term security.
Our Approach
We don’t walk in with a set formula. Every solicitor we’ve worked with has had a different starting point, different income structures, pressures, plans, and concerns. So we begin by asking questions, listening properly, and building from there. The goal isn’t to tick boxes. It’s to shape something that works for your life, not against it.
We look at the wider picture: income, cash flow, tax planning, risk, retirement, and any transitions you’re preparing for. Then we work alongside you to put a proper structure in place. No jargon. No over-engineering. Just practical advice and regular check-ins to keep things moving forward.
Want to Take a Closer Look?
If your finances have taken a back seat while the practice has grown, or if you’re simply unsure what the next few years should look like, we can help.
Get in touch with Rockwell to talk through your options. We’ll help you figure out what’s possible and how to get there with a plan that makes sense for you.
