Legal Press Articles

How to improve your legal firm’s financial health


Law firms today face many financial challenges that can hinder their growth and stability, not least of all their cash ...

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“Substantial” pay rise for some criminal legal aid lawyers


The Lord Chancellor announced in January that from Summer 2024, criminal legal aid solicitors working in police stations and youth ...

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How legal firms can leverage outsourced accounting for growth


With a variety of clients and strict compliance requirements, law firms may have more complex accounting requirements than other businesses. ...

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What the new hourly rate guidance means for you


The Judicial Office has published its new guidance on hourly rates following a cost review by the Civil Justice Council, ...

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The role of financial audits in compliance


With strict regulations in place to prevent fraud and catastrophic financial loss, auditing plays a pivotal role in ensuring compliance ...

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SRA releases guidance to law firms on wellbeing at work


The Solicitors Regulation Authority has released updated guidance aimed at helping law firms and their employees understand the implications of ...

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P11D – is your firm ready to report and pay tax on Benefits in Kind?


Benefits in Kind (BIK) cover a number of different perks or additional payments made by employers to their employees. They ...

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Law Society welcomes legal aid for special guardians but urges wider reforms


Civil Legal aid has been widened to include family and friends applying to look after a vulnerable child.  However, the ...

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Case study examples help solicitors understand client banking facility rules


The Solicitors Regulation Authority (SRA) has produced a number of additional case studies to help law firms understand their responsibilities ...

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