Compliance Advice Solicitors Services
Hartley Fowler has been helping solicitors’ practices thrive for many years with dedicated accountancy services. The large number of solicitors we serve speaks to the value we bring to the legal profession. This experience has given us the ability to offer a comprehensive range of tailored accountancy and solicitors compliance services.
Solicitors who hold client money are required to meet the Solicitors Regulation Authority code of conduct (“SRA”) on an annual basis, within six months of their year-end. Our expert team has the necessary experience to carry out compliance assistance work under the SRA Accounts Rules 2011. We provide our solicitor clients with an Accountants’ Report for ultimate submission to ensure SRA compliance, together with other necessary documentation and feedback.
Additional Compliance Assistance Services for Solicitors
Make smarter financial decisions for your practice. Beyond compliance, we provide solicitors with the insights they need, including practice budgets, cash flow forecasts, and timely management information. In the face of UK economic uncertainty, these tools provide the clarity you need to move forward with confidence.
We also provide annual practice accounts. The format of the solicitors accounts will depend to a large extent on the structure of the practice. For an unincorporated practice they can be tailored to provide the solicitor with as much detail as is required, ensuring SRA compliance.
Many solicitor practices have changed significantly in recent years. Partnership arrangements have become more complicated and some practices have elected to merge with other firms or limit the partners’ liability by incorporating the practice into a Limited Liability Partnership. If this is something that you are considering then please contact a member of our team, we are ready to assist you.
Next Step: Call our Compliance Assistance Experts
Call us today to discuss our compliance services. Alternatively, for tailored compliance assistance advice, book a free initial consultation with one of our experts.