Legal accounts rules: your responsibilities and how to comply by Julian Bryan, managing director at Quill

Where duty of care is concerned, protection of client monies is one of the highest priorities for law firms. As well as financial security being an obvious responsibility, it’s a vital regulatory obligation too. Depending on your specialisms and location, your legal practice will follow the SRA Accounts Rules, CLC Accounts Code or Scottish Accounts […]

The new Family Court Attendance Note by Accesspoint Legal Services

Accesspoint understand the importance of automated forms and how they can have a positive impact on a firms efficiency as they spend less time on burdening admin tasks. Our highly trained team have created a number of FormShare products that not only enable firms to use Adobe PDF forms as an efficient method of electronically […]

Alex Williams at Tikit on using tech to stay compliant with the upcoming AML directive

As you’re probably aware, the EU’s fifth anti-money laundering directive (5AMLD) comes into force in January 2020. And law firms really do need to comply, especially as they’re particularly vulnerable. While banks and accountancy firms are much more geared up for this, law firms typically have fewer systems and resources in place with which to […]

Insight legal: Protecting data in the cloud – a guide for law firms

Data is a vital asset to every modern legal practice. It is the backbone of both case and business continuity and without it, almost any firm today would cease to operate. As data sets grow continuously, law firms are becoming ever more reliant on third party cloud-based systems to manage and store most, if not […]

‘Hiring from within’ is the key to successful legal IT, says Insight Legal

The legal industry is utilising more technology than ever before. Law firms understand that in order to be considered as a leader in their respective fields, incorporating both legal IT and the knowledge to power it is now essential. With new technology allowing legal systems to operate more efficiently, there has been an inevitable rise […]

Tikit discuss: What’s in a workflow?

When you think about compliance, the word workflow doesn’t immediately spring to mind. Yet it should. Workflows allow a firm to provide a consistent level of service to their customers, ensuring that tasks are undertaken by those with appropriate levels of skill. A top-level fee earner shouldn’t be spending time sending out Ts & Cs […]

Improving the back office to your website with Accesspoint Media Services

All too often law firms miss opportunities to supply their services to those who need it, simply because they’ve created a website that looks good on the outside, but their online presence is badly managed, under performing and not always readily visible to prospects. Our knowledge for what law firms need to become more visible […]

Legal accounts: Top tips for improving billing efficiency by DPS Software

We all love being paid, but not necessarily the hassle of billing. With a number of moving parts – invoice generation, double entry, compliance requirements, VAT, tax, chasing bill payments – legal accounting is not always fun. Add to that the time pressure that law firms face, and you have a system that’s inefficient. Top […]

Quill and Shieldpay third-party managed accounts solution

If you’re au fait with the revised SRA Accounts Rules, you’ll know that part 3 includes handling client monies through the use of third-party managed accounts (TPMAs). These are an alternative to holding client money directly and have been permitted by the SRA since 2017. It’s part of the regulator’s ongoing focus on protecting client […]

Quill discuss: final preparations for the refined SRA Accounts Rules

Time’s running out for the revised SRA Accounts Rules which go live on 25th November. Because the rules are a simplified version of what they were before, if you already complied, it’s entirely plausible you don’t need to do anything and may still comply now. However, we advise against this myopic course of action. In […]