Compliance has dominated law firms' agendas since the introduction of the new SRA Accounts Rules in 2011, and establishment of COLP and COFA roles in 2013. Compliance continues to be a hot topic. Understandably so, when you consider the omnipresent risks and severe handling of non-compliance by the SRA.
If you're located in or around the Birmingham area, you'll be pleased to hear that we're sponsoring a Birmingham Law Society event on 17th September, titled "SRA Accounts Rules Update".
This full-day informative course will provide an overview of the rules, highlighting potential areas of non-compliance, so that compliance officers are able to identify breaches and keep the firm compliant.
Topics covered include client accounts and monies, interest, bills, agreed fees, disbursements and bank reconciliations. There'll also be a brief synopsis of the implications for legal aid-funded work, and discussions on best practice relating to accounting systems and records.
Visit our events page for a full list of this year's events schedule which features a hyperlink to the Birmingham Law Society's site for further details on this forthcoming financial compliance update seminar.