Legal Blog

Equality & Diversity Monitoring

The SRA has announced that firms will be able to report their diversity data from the week commencing 17 July 2017 and will have a four week time period to do so

SRA announce latest changes to Accounts Rules

Our Stuart Littler summarises the changes that are not due to be implemented before autumn 2018. There will undoubtedly be further guidance issued as the practical details are unearthed so watch this space !

New Discount Rate for Personal Injury Claims

On 27 February the Lord Chancellor announced that with effect from 20 March 2017 the Discount Rate in personal injury claims will be reduced from 2.5% to minus 0.75%.

Probate Support Service Outsourcing: Increase profitability and free up your time

Many solicitors are wary of outsourcing due to the strict regulations within the SRA.

A Matter of Tax - UK residential properties owned by non-residents

There have been a number of changes which any non UK resident holding UK property needs to be aware of.

The PI Industry - The dynamic has changed!

Aside from the obvious factors which hit the headlines, what are we actually seeing as we undertake our accounts and audit work on PI firms in this new
climate?

SRA’s Accounts Rules Review - What does it mean to firms?

June saw the SRA release their latest, in a long line of consultations, with respect to the Accounts Rules.

New Accounting Standard (FRS102)

Just as we all have got used to accounting for the work in progress or accrued income on contingent fee cases, the rules are about to change.

SRA Contacting Firms

All the latest news and opinion from our legal accounts experts