
Frequently Asked Questions.
Answers to the most popular questions we get from legal professionals.
- 01
Lawyers often have unique financial circumstances, such as; fluctuating income (particularly for barristers or self-employed), delayed earning peaks, due to long training periods, and complex tax situations. We understand the specific challenges and opportunities lawyers face and provide bespoke advice to help them build wealth, manage risk, and plan for the future.
- 02
Yes. We regularly work with both employed solicitors and self-employed barristers, as well as partners in law firms. We’re familiar with tax schedules, LLP structures, fluctuating income, and how to smooth cashflow and manage liabilities, accordingly.
- 03
It’s never too early to start. Whether you're a trainee, newly-qualified solicitor, partner, or nearing retirement, there are strategies to optimise your financial position. Early planning often yields the best long-term results.
- 04
O’Sullivan Financial Planning provide regulatory, compliance and other services to Timeous. In many ways, this is similar to a Barrister's Chambers, and ensures that Timeous has the support that it needs, to be able to focus on helping our clients, to achieve their financial objectives.
- 05
Yes, we are authorised and regulated by the Financial Conduct Authority (FCA). This means we adhere to strict rules around professionalism, transparency, and treating clients fairly. You can find details of this here.
- 06
We believe in transparent, fair, pricing. We offer both fixed-fee and percentage-based models depending on the service you require. Initial consultations are at our cost, and we’ll explain all costs clearly, before you commit.
- 07
Yes, we work with lawyers across the UK and offer flexible meetings via video calls, phone, or in person. We understand your time is limited and work around your schedule.
- 08
Yes, we specialise in helping higher-rate taxpayers maximise tax reliefs and structure pensions, ISAs, and other vehicles efficiently. We also assist with Tapered Annual Allowance strategies, where relevant.
- 09
Certainly. We model various retirement scenarios, including early retirement or reduced working hours, to help you understand the implications on your finances and lifestyle. We have experience of working with lots of legal professionals, who have taken this path already, so have a good understanding of some of the decisions and challenges that you might face.
- 10
Our niche focus on the legal profession means we speak your language, understand your lifestyle and pressures. We’re independent, transparent, and committed to building long-term relationships, not selling products.