Question: Is a there a new publication out of the Solicitors Accounts Rules as at 31st March 2009

Whilst we actively encourage people to post questions on the LSN discussion forum, we also regularly receive questions via email from a wide range of professionals in law firm management.

 When we do, our first action is to identify an LSN networkpartner who can assist in answering the question and respond accordingly, letting them know who's helped us out.

 So when we received the following question, we approached our latest networkpartner, Taylor Mowbray, and Janet Taylor was happy to assist. It's an interesting question that others may be interested in the answer, so I thought I'd blog it.

 QUESTION:

 Is a there a new publication out of the Solicitors Accounts Rules as at 31st March 2009?

ANSWER:

The very latest version of the SARs are dated 31 March and include all amendments – there have as yet been no changes since 31 March 2009.

The Law Society do publish an SAR manual priced at £24.95 but it's just a copy of the Rules which can be downloaded for free as a pdf from the SRA website.

The better manual is the Law Society's Solicitors and the Accounts Rules A Compliance Handbook, Peter Camp, which includes the rules plus lots of useful guidance and interpretation, as well as references to VAT issues and Money Laundering Regulations. It's in its 2nd edition, costs £49.95 and the ISBN is 978-1-85328-799-2