Client Money Handling Rules: Documentation Your Practice Needs for Solicitor Clients

If you have solicitors as clients, you know they operate under specialist regulatory requirements. The Solicitors Regulation Authority (SRA) client money handling rules are some of the most stringent in professional services. For accountants supporting solicitor practices, understanding these rules isn't optional—it's essential for giving reliable advice and maintaining your own regulatory standing.

This post addresses accountants and bookkeepers serving solicitor clients, particularly high-street practices, legal aid franchisees, and conveyancing firms. The complexity of solicitor accounting creates specific documentation needs.