The Autumn Budget has some significant developments to take note of for law firms

The Autumn Budget has just landed, and for law firms, there are some significant developments to take note of. The Chancellor has dropped plans to impose a new tax on limited liability partnerships (LLPs), a move welcomed by The Law Society, which warned such a tax could have damaged the sector’s ability to invest, hire and grow.

At the same time, firms operating above certain revenue thresholds face a notable increase in the economic-crime levy, from April 2026, which could heighten overheads for larger practices.

For employers, this means being smart about workforce planning. The withdrawal of the LLP-tax proposal preserves flexibility in firm structure, but the rising compliance costs underline the need to attract talent who understand regulation, risk, and compliance from day one. For candidates, it’s a reminder that legal firms will increasingly value professionals who bring both legal expertise and awareness of regulatory and business-risk pressures.

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