Blog.

The Solicitors Regulation Authority (SRA) consultation on consumer protection  is intensifying scrutiny on how client funds are managed....

Handling client money is a core responsibility for law firms, with an associated obligation to pay a fair sum of interest to clients. The...

As Halloween approaches, thoughts turn to spooky tales and ghoulish surprises. But one horror story that’s all too real is the chillingly...

In the current economic climate, many law firms are facing a growing challenge: banks are reducing interest rates  on client accounts,...

Borrowing versus paying by cash. Weight up your finance options

When it comes to borrowing and saving decisions, it's crucial to make sure that you understand the various financial tools at your...

The legal market today is arguably more competitive, and more volatile, than ever before. Of course, the actual legal services that a law...

In today's rapidly changing legal landscape, it is more important than ever for law firms to actively monitor their financial stability...

The Solicitors Regulation Authority (SRA)'s recent article, Interest rates and the client account, discusses interest rates and the...

Even at the best of times, it is hard to accurately predict economic conditions in the future. There is always the possibility of...

In the ever-changing landscape of the legal profession, one thing remains constant: Too many law firms undervalue the role a proactive...

Professional Indemnity Insurance (PII) provides financial protection against claims made by clients or third parties for losses incurred...

The legal sector often grapples with many uncertainties, but one of the most basic recurring considerations a law firm must face is the...

The Monetary Policy Committee (MPC) met recently and voted to increase the Bank of England bank rate for the 12th consecutive time. With...

Overcoming the challenges associated with economic instability looks set to trouble individuals and businesses alike in 2023. Increased...

As the UK economy continues to face uncertainty from the COVID pandemic many UK legal practices may find continued pressures on cashflow...

Albert Einstein, the famous theoretical physicist, is attributed to saying, “the definition of insanity is " doing the same thing over...

Businesses which have previously received support under the existing schemes will still be eligiblss facilities under this new scheme...

Sound financial management must be the beating heart of any legal practice. Law firm leaders should complete a regular benchmarking...

For many people, the practice of making New Year resolutions is something that is attempted and failed within a few weeks of a new year. ...