July 6, 2018

Common Solicitors Accounts Rules Breaches Legal practices must have good financial controls and governance in place to adhere to the Solicitors Accounts Rules and prevent breaches. Breaches generally fall into two categories of material and non material breaches: Material breaches: These are serious breaches of the Solicitors Accounts Rules and should be reported to the…

July 4, 2018

Considerations when Outsourcing your Legal Cashiering Outsourcing your Legal Cashiering can have many rewards. You can save money, buying in services as and when needed, rather than paying a full time Legal Cashier. Also you can utilise holiday and sickness cover at no extra cost. There are a number of considerations before deciding to Outsource…

June 8, 2018

Ascentant launch Risk and Compliance service Business services consultancy, Ascentant welcome Rachel Smith to the company to launch a risk and compliance service to its clients. Rachel joins as a risk and compliance consultant and has over 17 years’ experience of risk management experience for national and international firms. Rachel specialises in advising legal practices…

January 24, 2018

Why Outsource? Compliance, regulation, risk and the threat of an SRA intervention; Compliance with the Solicitors Accounts Rules, abiding by Outcome Focused Regulation and COLP & COFA responsibilities add to the burden of running any legal practice, large or small. For larger firms with teams of legal cashiers to maintain day to day records, monitor…