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Product Description
For practical guidance on how the SRA Accounts Rules work in practice, look no further than the latest edition of Solicitors and the Accounts Rules. Peter Camp provides indispensable commentary on the requirements of the SRA Accounts Rules, highlighting the key changes and suggesting practical steps that firms can take to ensure compliance with the Rules. Key points are illustrated throughout using practical examples. Particular attention is paid to common breaches of the Rules and how firms can avoid them. The SRA Accounts Rules are reproduced in full, complete with appendices and supporting notes on tax and overseas practices.
About the Author
Peter Camp is a solicitor and is the principal of his own training consultancy, Educational and Professional Services. He is the visiting professor of Legal Ethics at the College of Law and an editor of Cordery on Solicitors. Peter is the author of Solicitors and Money Laundering 3rd Edition (Law Society, 2008) and editor of the Legal Compliance Bulletin (Law Society).
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Customer Reviews
Most Helpful Customer Reviews
1 of 1 people found the following review helpful
Format:Paperback
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Length:
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READ THIS INDISPENSABLE GUIDE FROM THE LAW SOCIETY
An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers
This new third edition of `Solicitors and the Accounts Rules' covers in detail the key changes pertaining to the requirements of the SRA Accounts Rules, together with Peter Camp's expert and clearly written commentary. Naturally, the book reflects the fact that the current rules -- the SRA Accounts Rules (SAR) 2011 -- became mandatory as of October 2011.
The stringent regulatory environment for solicitors (that has evolved since the post-War period) stems of course, from the traditional practice of solicitors holding large sums of money on behalf of clients -- hence the need to separate the client's money from the money belonging to the law practice.
The first chapter of the book, in common with previous editions, offers a very handy overview of the 2011 Rules for those who are unfamiliar with them, plus, later on, a new section on multidisciplinary practices. There are also supporting notes on tax and overseas practices.
The full text of the 2011 rules is contained in the three appendices, as well as extracts from the SRA Code of Conduct 2011 and the Law Society's Practice Note on VAT on disbursements.
In particular, your attention is drawn to common breaches of the Rules and the ways in which these can be avoided, together with any number of practical examples. If you're in any way involved with the running of a law firm, this guide, with its wealth of information and expertise, will help you make sure you comply.
As you would expect, there are extensive tables of cases, statutes, and statutory instruments, plus a list of abbreviations, a table of Law Society rules and codes and a time-saving index at the back. And, it's especially time saving for a busy law practice with its wide range of information. The law is stated as at December 2011.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
1 review
Want to know how the SRA accounts rules work in practice?
11 Feb 2012
Format:Paperback
READ THIS INDISPENSABLE GUIDE FROM THE LAW SOCIETY
An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers
This new third edition of `Solicitors and the Accounts Rules' covers in detail the key changes pertaining to the requirements of the SRA Accounts Rules, together with Peter Camp's expert and clearly written commentary. Naturally, the book reflects the fact that the current rules -- the SRA Accounts Rules (SAR) 2011 -- became mandatory as of October 2011.
The stringent regulatory environment for solicitors (that has evolved since the post-War period) stems of course, from the traditional practice of solicitors holding large sums of money on behalf of clients -- hence the need to separate the client's money from the money belonging to the law practice.
The first chapter of the book, in common with previous editions, offers a very handy overview of the 2011 Rules for those who are unfamiliar with them, plus, later on, a new section on multidisciplinary practices. There are also supporting notes on tax and overseas practices.
The full text of the 2011 rules is contained in the three appendices, as well as extracts from the SRA Code of Conduct 2011 and the Law Society's Practice Note on VAT on disbursements.
In particular, your attention is drawn to common breaches of the Rules and the ways in which these can be avoided, together with any number of practical examples. If you're in any way involved with the running of a law firm, this guide, with its wealth of information and expertise, will help you make sure you comply.
As you would expect, there are extensive tables of cases, statutes, and statutory instruments, plus a list of abbreviations, a table of Law Society rules and codes and a time-saving index at the back. And, it's especially time saving for a busy law practice with its wide range of information. The law is stated as at December 2011.
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