Case study: Beechwood Solicitors

02/12/11

Off to a flying start with outsourced cashiering support

After only ten months in practice, things are going so well for sole practitioner Nicola Stapleton that she is already planning to take on two more staff and bigger offices.

The challenge:

The firm, Beechwood Solicitors, specialises in company and commercial law and is located in Long Hanborough, 10 miles from Oxford. “The location works really well for us,” says Nicola Stapleton. “We’re the only commercial firm in the area, situated in a pleasant rural area with parking, and there’s lots of our sort of work around.”

The solution:

After considering many different systems Nicola outsourced her accounts to Quill’s Pinpoint legal cashiering service from the start, which has proved to be a sound decision. She comments, “I decided at the outset that I could only wear so many hats and whilst I need to know the accounting rules and procedures, as the sole fee earner I knew I wouldn’t have the time to do it all myself. From day one Emma has been my Pinpoint cashier and I class her as part of my team. She simply emails me when there’s something I need to do, for example to sort out month-end queries, and it feels like a one-to-one relationship which is exactly what I need.”

The future:

Business planning and marketing are often tackled in the evenings and Nicola finds the Pinpoint reports invaluable. “With only so many hours in the day it’s brilliant that the reports are already generated for me and I can pull off whatever I need, when I need it. It’s like having a separate department doing it all for me, and I would absolutely recommend Pinpoint to other start-up firms,” she concludes.

More from our blog

Ultimate guide to legal cashiering #3: Busting the myths & why experience counts

The third in our 'Ultimate guide to legal cashiering' blog series cuts straight to the truth by outlining common misconceptions and explaining why having a qualified legal cashier running your accounting function in vital.

Read More

Ultimate guide to legal cashiering #2: Tips and traps

We're continuing our 'Ultimate guide to legal cashiering' blog series with an overview of the main traps for legal cashiers, primary issues around accounting regulations and examples of law firms who've breached legal accounts rules - plus how to avoid the same mistakes at your law firm.

Read More

Ultimate guide to legal cashiering #1: The basics

We're kicking off our 'Ultimate guide to legal cashiering' blog series, adapted from our new e-book, with a brief introduction to the cashiering process including the key regulations in force, what's at risk by getting your cashiering wrong and the main responsibilities of your legal cashier.

Read More