Solicitors

Solicitors

There is no doubt about it - the unique accounting and taxation requirements of the legal profession require the expertise of a specialist accountancy firm.

Afford Bond have numerous year’s experience working with local and regional solicitors, and as one of the few registered auditors in the region, we will equip you with an up-to-date Accountant’s Report including submission to the SRA (Solicitor Regulation Authority) where required.

Our dedicated SRA team understand the regulatory compliance which must be undertaken, particularly with regards to SRA Audits.

We ensure the complex rules of SRA compliance for solicitors holding Client monies are adhered to, and evidenced, whilst supporting business owners to maximise profitability. More than anything, we understand that no legal practice is the same, and our Partner-led approach will tailor your practice’s needs to ensure compliance and improve efficiency.

We have also worked with many legal practices as they transition from the traditional role of ‘sole trader’ or partnership models to the currently more protected LLP and other company structures. In addition, our team can handle the personal taxation and associated advice for private practice.

By using an expert practice of experienced accountants, you will ensure the protection of both your own and your client’s funds, and be in a stronger position to grow your legal practice.

For an informal discussion on how Afford Bond can help you, please email Paul.Edwards@affordbond.com or complete the Contact Us form here on our website.