As if a profession isn’t demanding enough, it’s also a business, with all the added demands that implies: ownership and compensation structures, payrolls and retirement plans, tax compliance, internal and external reporting, and budgeting and cash management.
If that sounds like too much for anyone to take on alone, that’s probably because it is.
We can help.
Practicing professionals ourselves, we leverage our own experiences—and the expertise we’ve developed over decades of supporting other clients in the professional services sector—to provide an integrated, year-round suite of services for professional firms and their professionals and executives.
Perhaps you’re looking for creative ways to integrate the professionals from a newly acquired practice—one with a radically different fee structure—into your compensation plan.
Or you’re considering a new location or a new lease and need advice on the implications for your firm’s compensation plans, including how best to match the cost of the space to your agreement for income-sharing. And if you’re subletting space, is there a way you can structure the deal to minimize the B&O tax you’ll pay?
Maybe it’s a deferred compensation issue: You’re terminating your firm’s defined benefit plan and need a new approach or an entirely new plan for payments to retiring or retired professionals. Or you just need to bring the audit or review or tax return in on schedule and on budget.
Whatever your needs, at Bader Martin you’re supported by experienced professionals who know the issues you face and who bring insight and personal experience to help you succeed.
Our clients include law firms, management consultants, technology consultants, medical and dental practices, architectural and engineering firms, and HR consultants and employment advisors.