In recent years we have seen the rules regarding interest on client money change several times.

It has always been the traditional way to start a practice that the firm creates an office account, a client account and occasionally a savings account for taxes etc. Are we about to see the loss of the client account?

It has always been the traditional way to start a practice that the firm creates an office account, a client account and occasionally a savings account for taxes etc. Are we about to see the loss of the client account?

Why it is so important to have practice management procedures agreed and software configured before work starts!

We have a look at the “simplified” SRA Accounts Rules 2018 which reduces the original book to just 7 pages!

Conveyancing companies in England and Wales now have the choice as to whether they stay with the SRA or move to the CLC (Council of Legal Conveyancers). Let’s compare the SRA Accounts Rules to the CLC Code!

The 2018 legal market. Everyone has heard the word “integration”. Perhaps so often in fact that it has lost all meaning? What is integration? Why is it being highlighted so often? Is it really going to help us or is this another age-old gimmick?

Phase three of the review of the SRA Accounts Rules is now in consultation. Phase one was October 2014 and phase two, November 2015. October 2014 was the time where we first saw Outcomes Focused Regulation. This new style of regulation was seen as a rather radical change to how cashiers governed the accounts during an accounting year.

In this article, Hazlewoods Accountants’ Legal team draw attention to the growing issue of fraud perpetrated against legal practices and gives advice on how to protect your firm.