Vale & West Chartered Accountants Blog

Category Archives:Legal

Deadline to audit client accounts approaching, warns SRA

Solicitors must conduct a review of their client accounts to ensure they are not holding monies belonging to an individual that is subject to financial sanctions, a regulator has warned. Read More

New EU VAT guidance for solicitors

The Law Society for England and Wales has urged solicitors to familiarise themselves with new no-deal Brexit VAT guidance in preparation for the UK leaving the EU in October. Read More

Do your clients know how to spot the signs of conveyancing fraud?

A regulator has warned the legal sector to once again be on the lookout for conveyancing fraud after a first-time-buyer lost £67,000 to fraudsters. Read More

New SRA Accounts Rules given go-ahead

The legal regulator has given the go-ahead on planned changes to Solicitors Accounts Rules which are set to be introduced later this year. Read More

Competitive legal landscape resulting in innovation at the bottom

Start-ups, niche ‘boutique’ practices and sole practitioners are outperforming traditional law firms in terms of growth and profit per equity partner, new research has revealed. Read More

Price influences consumers above all else, new study into legal sector finds

Law firms who publish their price transparency data online are preferred by consumers compared to those who do not, a new study has revealed. Read More

National law firm fined for flouting of Solicitors’ Accounts Rules

A Solicitors Disciplinary Tribunal (SDT) has fined a national law firm after it was found to have breached Solicitors’ Accounts Rules for more than two decades. Read More

SRA confirms date for launch of new Solicitors’ Accounts Rules

The Solicitors Regulation Authority (SRA) has this month confirmed a date for the launch of the new regulatory model for solicitors in England and Wales. Read More

Alternative law firm fined for making “millions” of unsolicited PPI phone calls

An alternative law firm has been fined for making millions of unsolicited nuisance PPI phone calls. Read More

Law firms: are you ready for digital tax?

Some 1.2 million organisations, including solicitors, barristers and alternative law firms, have just one month left to prepare for the introduction of Making Tax Digital (MTD), the Government’s new digital tax regime. Read More

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