The Liver Building

SRA Accounts Rules Update (online)

Details

Speaker: Linda Lambert

Date: Tuesday 11th March, 2025

Time: 09:30 - 12:30

Areas of Law: Management

Competencies: A1 (2), (3), A2 and D3 (2) & (3).

Venue:
Online

Course Code: S4871

Description

The SRA  expects that all members of the legal profession and their staff follow and maintain certain professional standards. To maintain an informed knowledge, you must also undertake training on a regular basis. Some of this training could be in the SRA’s Account Rules, why not do so in 2025?

Your reporting accountants, when conducting your client account audit with regard to the SRA Account rules, are looking at how your practice has decided  to apply these rules, whether they protect client monies, and how you have followed the internal procedures you have in place.  Renewal of knowledge can therefore be a useful way to review your internal rules, which should be done on a regular basis or, in light of substantial changes within the firm.

This half day presentation looks at the SRA Account rules and areas of current concern within the SRA. Such areas as residual balances, use of client funds, acting as a banker, and billing. Although the changes to Rules 4 and 10 have, for now been postponed, details of the proposals will also be included.

The presenter, Linda Lambert, has been in cashiering for over 35 years as a sole cashier up to practice manager and has a wealth of practical experience to draw upon. Questions are positively encouraged and the material includes scenarios drawn from the legal press to illustrate certain points.

This is a practical course which looks at the application of the rules as much as the wording of the rules.                                                                   Ideal for legal cashiers, fee earners, Cofa’s, managing partners!

Can’t make the date/time or need to revisit the training? No problem, booking onto this event means you will receive a link to access a recording of the event at your leisure! The link will be sent within approx 72hrs of live broadcast & be available for approx. 3 months, to view as many times as you wish.

Speaker Biographies

Linda has been working in legal cash offices for 35 years and has a wealth of experience at all levels from hand written systems as a sole cashier, to being a Practice Manager for medium sized practices. She works as a cashier and a consultant, both employed and freelance, alongside lecturing the SRA Accounts Rules.

The experiences gained over this career has helped to form her approach in implementing the SRA Account Rules to suit the firms she has and is working in.  The emphasis is to ensure all round compliance and to help the staff maintain a working and practical knowledge of the SRA Accounts Rules.

Prices

Member £110
Non-member £155
Training Passport Free
Note: 20% VAT added at checkout