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Accountants “failing in solicitor duties” – an update
Wednesday, 21 April 2010Just 11 accountants have blown the whistle on their solicitor clients over concerns about fraud, theft or other conduct that may render them unfit to hold client money, as required by the Solicitors Accounts Rules, it has emerged. Blowing the whistle became an obligation, rather than an encouragement, just over a year ago.
Tags: accountants, Solicitors Accounts Rules
Posted in Accounts rules, Latest news
Blog
Fifteen years on: Lessons from ABS reform
Fifteen years ago this month saw the very first alternative business structure. At the time, the prospect of non-lawyers owning law firms was dubbed ‘Tesco Law’.
Hybrid working and client money controls – be aware of the risks
For legal finance teams, remote working has changed how information moves, how approvals are obtained and how colleagues communicate.
AI can interrogate your contracts – but are they ready for questioning?
Suppose a law firm wants to review a client’s entire real estate portfolio for risk in the leases. Not long ago, that meant a multi-week project. Today, first-pass answer can arrive in minutes.
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