Legal Finance Specialist
The Legal Services Act 2007 has changed the legal industry landscape forever and the repercussions from this Act are still being felt today.
All legal service providers that want to survive and thrive in this new era, need to ensure that the financial cornerstones of cash-flow, profitability, regulatory compliance and strong internal control are not only fully embedded in their firms culture, policies and procedures but are supporting the core activity of the firm of servicing clients needs.
This is how I can help you
Accounts Rules Understanding
I’m always happy to share my knowledge and understanding of the various regulator’s Accounts Rules! I can provide mentoring on a one to one basis or can work on a retainer basis to act as an “Accounts Rules Guru” covering the Solicitors Regulatory Authority’s Accounts Rules, Notary Public Accounts Rules or the Council for Licensed Conveyancers Accounts Rules.
HOFA Support and Staff Cover
I’m available to work with you to help support you as HOFA (or your regulator’s equivalent) or provide emergency cover. Whether it’s long term regular support or short term assistance that you need, I’m here to help.
Financial Process Health Check
All legal service providers need to ensure that their financial policies, systems and processes are not only fully compliant with the requirements of their regulator but also properly support delivery of excellent customer service – without creating unnecessary obstacles just for the sake of compliance. I’ll be happy to conduct a health check on your financial policies and processes to highlight both strengths and any potential weaknesses.
Credit Control and Management
From securing payment from your customers whilst still protecting the client relationship to reviewing your cash-flow management processes and credit management policies, I can help improve your cash-flow and your working capital management.
Notary Public Bookkeeping
Notary Publics are regulated by the Faculty of the Archbishop of Canterbury and as such notarial activities are outside the scope of the Solictors Regulatory Authority’s Accounts Rules yet it is a common misconception that Notary Accounts Rules and Solicitors Accounts Rules are the same. There are in fact some quite fundamental differences! I offer a bespoke quarterly bookkeeping service specifically for Notary Publics.
Costs
Your business and your needs are unique and so my charges for a tailored service that’s right for you necessarily reflects that. I’ll provide you with a quote once we’ve discussed your business and your requirements. This initial meeting/discussion is free of charge.
