Solicitors' Accounts Rules (SAR)

The SAR were last amended on 14 July 2008 to introduce specific obligations for returning surplus client funds promptly and reporting to clients if funds are retained; and also to allow solicitors to withdraw smaller residual client balances themselves, without recourse to the SRA.

We can examine your practice's accounting records, across all your offices, and report each year on any matters arising that should be brought to the attention of the partners. However, we adopt a pragmatic approach to the report, and benchmark any recommendations against the resources available.

For the latest information, visit the Solicitors' Regulatory Website, http://www.sra.org.uk, or click http://www.sra.org.uk/documents/rules/Solicitors-Accounts-Rules-July-08.pdf