This blog explores the relationship between the COFA and the accounts department and the importance of giving the monthly bank reconciliation more than just a cursory glance.
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COFA’s, are you reviewing your bank reconciliations properly?
Thursday, November 4th, 2021An End to Cheques and Cash
Tuesday, September 7th, 2021To many, the use of cheques and cash in 2021 seems almost alien. In the legal profession however, it is still quite common.
Safety in Banking and Dual Authority – How to ensure bank payments are made correctly and securely
Monday, August 9th, 2021In 2021, internet banking is something most people and firms use to manage their daily needs. For law firms it is a core part of their infrastructure. The ability to be able to make quick decisions and pay monies promptly is not only crucial for the firm but is expected by the firm’s clients and third-party suppliers.
There is however a danger with internet banking which can be taken for granted and that is the security aspect. This article explores the advantages and pitfalls of the different systems.
Conveyancing; the Unseen Pressure in a Chaotic Market!
Tuesday, February 16th, 2021This blog explores the effect of the pandemic and the Stamp Duty holiday on the housing market and solicitors working in conveyancing. It offers thanks for the hard work in difficult conditions they have put in and the challenges still to be faced.
Can I increase efficiency by becoming a paperless law firm?
Tuesday, December 22nd, 2020The thought of going paperless may at first seem very daunting, especially when a firm has been running paper-based files forever. The change itself can sometimes seem like a summit which is impossible to climb. The key however is to ascertain what resources are available and how we gain easy access to digital files.
Legal Cashiers: A Necessity for Every Legal Practice
Thursday, August 13th, 2020In this article, I explore some of the reasons given by firms for not using a legal cashier.. I will explain why I believe this course of action is flawed and assert that every practice should have a legal cashier no matter it’s size.
Remote Working during Lockdown 2020! Immediate change for the long term?
Monday, April 20th, 2020How to turn the Lockdown into a positive by researching ways to make your business work smarter in the future.
LegalEx – Back again with SRA Accounts Rules Investigation seminar
Tuesday, March 10th, 2020Come and hear our talk at Legalex in Seminar Hall 3 at 11 o’clock on Thursday 19th March
The Law Factory are walking for the Alzheimer’s Society
Thursday, August 15th, 2019On Saturday, 14th September, 9 members of The Law Factory will be walking 13 miles across the Brecon Beacons in aid of Alzheimer’s research.
Eight Months & Counting to the Implementation of the New SRA Accounts Rules!
Wednesday, March 20th, 201925th November 2019. That’s the date given by the SRA for them to be implementing the new regulations which include the new SRA Accounts Rules. The book has been whittled down from 44 pages to just over 6!
