The Solicitors Accounts Rules & Dealing with Tricky Balances - Live At Your Desk

Introduction

Residual balances are an administrative headache and can really eat into your productivity.

The SRA expect law firms to actively deal with and resolve them in a timely manner.

This virtual classroom session will provide you with guidance on how to return these balances without spending any unnecessary time or resources.

Expert speaker Luke Dickinson will go through what the SRA expects firms to do with older and more difficult balances and will use real life examples to illustrate how to resolve them.

This session will consider recent Law Society guidance and provide you with top tips on how to deal with some tricky scenarios you may encounter.

What You Will Learn

This live and interactive session will cover the following:

• How to deal with ambiguous balances
• The SRA’s expectations for balances with little or no information
• What to do when you have inherited balances from another practice
• How you should tailor your residual balance project
• Tips on how to evaluate your process on residual balances
• How to identify balances that are acceptable to hold

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.