Solicitors’ Client Accounts…… are we about to see a lot less of them?

Wednesday, June 26th, 2019

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?

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Set up before start-up!

Thursday, May 16th, 2019

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

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From a book to a pamphlet. SRA Accounts Rules 2018 & what is client money?

Tuesday, March 19th, 2019

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

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SRA Accounts Rules to the CLC Code. Understanding the accounts rule changes when switching regulator!

Wednesday, October 10th, 2018

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!

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Integration….Why everyone should do it!

Wednesday, August 22nd, 2018

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?

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The Future of Legal Accounts – developing back office solutions

Tuesday, April 17th, 2018

The last decade has seen seismic changes within the legal profession and how legal practises are run. Plans to streamline the SRA accounts rules even further mean the next ten years could see changes that make the previous ten seem positively pedestrian.

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SRA Accounts Rules Phase 3 Consultation – From a cashier’s perspective

Monday, August 22nd, 2016

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.

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Fraud alert!

Monday, November 23rd, 2015

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.

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Auto-Enrolment and Work Place Pensions – advice for Solicitors’ Firms

Wednesday, November 11th, 2015

As well as keeping their legal accounts in order, Solicitors need to be aware of their Auto Enrolment date for providing pensions for staff. In the following article James Toulson of 1 Less Worry Payroll Services explains clearly the obligations on firms and the implications should you fail to enrol

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The new SRA Handbook – Version 12

Monday, November 3rd, 2014

There are a few KEY changes to the SRA Handbook this year. These changes will affect all law firms in the UK!

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