Professional services

Expert advice for navigating change and driving long-term growth.

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Professional services firms are facing pressure from all sides: rising costs, changing client expectations, talent challenges, regulatory scrutiny, growing investor interest and the need to operate as fully integrated international businesses. For leadership teams, the challenge is to protect profitability and reputation while building a business that is resilient, scalable and ready for future growth.

Support for professional services subsectors

We work with a wide range of professional services businesses, including legal services, consulting, architecture and engineering, and tax and accountancy firms. While many of the challenges these organisations face are shared across the sector, each subsector has its own commercial pressures, operating models and growth considerations. Our sector specialists understand these nuances and support leadership teams as they plan for growth, succession, investment and change.

Running a successful architecture or engineering firm means balancing project delivery with long-term growth. We help you protect your margins, optimise your team’s capacity and navigate market pressures with confidence.

Our specialists can help improve financial visibility, strengthen operational resilience and plan for succession, investment or change.

We help practice leaders optimise pricing, protect utilisation and build scalable, resilient operating models that drive profitable growth.

This includes support with margin improvement, pricing, talent retention, systems, governance and preparing for investment, acquisition or exit.

We support law firms as they manage profitability, succession, partner reward, governance and changing client expectations. We can help strengthen financial visibility, review ownership structures and meet SRA requirements, as well as support planning for long-term growth, investment or transition.

We help managing partners adapt to regulatory changes, talent demands and evolving technology while maintaining focus on long-term strategy.

Our specialists support firms to improve profitability, strengthen governance and prepare for future investment, consolidation or transition.

Key challenges for professional services firms

Firms are operating in a more demanding commercial environment, with pressure on fees, rising delivery costs and client demands for value, transparency and responsiveness. We help build the processes that enable stronger financial insight, disciplined pricing and clear visibility over margins. This is what allows leading firms to maintain profitability while protecting service quality and client relationships.

Our expert team will work with you to improve financial reporting and strengthen commercial decision-making. We can also help you identify opportunities to protect margin by reviewing operating models, improving management information and building more resilient growth plans.

Attracting the best talent is only half the battle. Keeping them motivated through partner transitions, ownership changes and market shifts requires a strategy built for longevity. Without the right structure in place, firms can face disruption to leadership continuity, culture, client relationships and long-term value.

We help firms plan for succession, ownership transition and future growth through joined-up tax, people advisory, reward, deal services and consulting support. We build tailored support around each client’s current structure, manage risk, and create models so that we provide the most valuable solutions for both current partners and the next generation of leaders.

Attracting private equity interest is all about how your firm is structured, governed and positioned for growth. Firms considering external investment, acquisition, consolidation or a future exit need a clear equity story, robust financial information and a structure that can stand up to investor scrutiny.

Our deal services, tax and consulting specialists help firms assess investment readiness, prepare for due diligence and consider the commercial, tax and operational implications of different structures. This enables more informed decisions and lays a foundation for sustainable growth or transaction activity.

Professional practices are under growing scrutiny from regulators, clients, insurers and stakeholders. Strong governance, robust controls and clear accountability are essential to managing compliance as firms scale, diversify or enter new markets.

Our sector specialists bring experience across audit, tax, risk and governance, and regulatory compliance. We’ll work with your teams to improve oversight and build resilience into day-to-day operations.

Digital transformation, automation and artificial intelligence are changing how firms deliver advice, manage workflows and engage with clients. Don’t let fragmented systems, poor data quality and cyber security weaknesses increase risk or undermine client confidence.

We help firms manage technology, data and cyber risk, improve systems assurance and shape transformation plans. The results are better reporting, stronger controls, improved protection of sensitive client information and more scalable, efficient and secure service delivery.

How our professional services experts can help

Whether you are improving profitability, reviewing your structure, strengthening governance, managing succession or preparing for investment, our professional services specialists can help you identify the right next step.

Please contact Hywel Pegler or Mark Waddilove to find out how we can support your firm’s growth, resilience and long-term value.

authors:hywel-pegler,authors:mark-waddilove

Our testimonials

Eversheds Sutherland Europe Limited

"In 2021, Eversheds Sutherland transitioned to RSM for audit services. We sought a robust, high-quality audit from a proactive and collaborative team, and RSM has exceeded our expectations. The quality of the audit team is outstanding, with a pragmatic approach and strong responsiveness ensuring a smooth and efficient collaboration. RSM have more than delivered on the promises they made during the pitch process, and we highly recommend their services.”
Julian Lee
Chief Financial Officer (International), Eversheds Sutherland Europe Limited

Gensler Europe

“RSM has partnered with Gensler Europe since 2018, providing audit, tax compliance and accounting services. Our experience has been highly positive, with extremely friendly and knowledgeable people and efficient collaboration across multiple teams and jurisdictions. Their proactive approach and regular check-ins help us stay on top of things. It’s clear they genuinely care about their clients and the quality of work they provide.”
Alex Niedzielski
Global Controller, Gensler Europe

Grimshaw Architects

“Grimshaw Architects have used RSM for a number of years for audit and partnership tax filings as well as partner tax, employment tax and VAT advice. The team, led by tax partner, Mark Waddilove, take the time to understand our business and our issues, working collaboratively with us rather than proposing pre-determined solutions. I appreciate the innovative thinking within the team when it comes to finding solutions to complex business issues and they proactively reach out to other specialists within the network.”
Neil Boyde
CFO, Grimshaw Architects