Solicitors Accounts and Ethics
Solicitors Accounts and Ethics
SQE and CPQ candidates are vulnerable to questions about Solicitors Accounts because law students are not trained to deal with numbers. They are also vulnerable to questions about Professional Conduct because this topic is often ignored by law schools. It comes as no surprise that so many LLB graduates fail the SQE every year. That is why we are here to fill the knowledge gap by showing you how the accounting process works for solicitors step by step in accordance with the SRA Accounts Rules and what you should do to meet the standards and requirements set by the SRA. As legal executives are now regulated by the SRA, this module is also suitable for those intending to qualify through the CPQ route.
Topics
1. SRA Principles
2. Code of Conduct for Solicitors
3. Code of Conduct for Firms
4. Conflict of Interest
5. Accounts Rules
6. Financial Services Rules I
7. Financial Services Rules II
8. Indemnity Insurance
9. Legal Service Providers
10. Reserved Legal Activities
11. Double Entry Bookkeeping
12. Accounting Entries
13. Guidance for Firms
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