Legal Finance News
- Legal Regulatory and Compliance Newsletter
The Spring edition of our Legal Regulatory and Compliance Newsletter is now available.Legal Regulatory and Compliance Newsletter - read more
- Solicitors Accounts Rules 1998 Changes Published
The SRA have published the draft Solicitors' Accounts (Legal Services Act) Amendment Rules [2009] which are effective fr...Solicitors Accounts Rules 1998 Changes Published - read more
Solicitors Accounts Rules
Course: Solicitors’ Accounts Rules 1998: A Practical Guide to Compliance
Cost: £175 + vat
CPD: 3 hours
Date:
Code: T1025
Location:
Time:
Availability: Places
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“Well paced, easy to listen to and thorough” E.F. Partner, West Midlands
This course focuses on the main provisions of the Solicitors‘ Accounts Rules 1998 as they affect solicitors in private practice. Although assuming no prior knowledge, delegates attending this course will quickly build a sound understanding of the Solicitors’ Accounts Rules 1998 by looking at the most common compliance issues that occur in practice and the pitfalls to be avoided. The course will also cover in detail the significant changes made to the SAR's in July 2008 governing the treatment of residual balances.
Delegates attending this course will benefit from Richard Lane's expert knowledge and experience in the following areas -
- Principals‘ responsibilities under the SAR’s
- Use of client and office bank accounts
- Receiving/Transferring costs & disbursements
- Dealing with regular payments from the LSC
- Accounting requirements
- Deposit interest rules
- Accountant's Reports & waivers
- Monitoring & enforcement by the SRA
This course is designed to meet the needs of all fee earning staff, principals in practice, compliance/risk officers, finance staff, practice managers and reporting accountants.