Why Outsource your Legal Cashiering ?

Posted 12.01.2020

Compliance, regulation, risk and the threat of an SRA intervention; Compliance with the Solicitors Accounts Rules, abiding by Outcome Focused Regulation and COLP & COFA responsibilities add to the burden of running any legal practice.

What could possibly go wrong?

Recent rulings by the Solicitors Disciplinary Tribunal have shown a growing trend of solicitors being struck off for breaching the Solicitors Accounts Rules, from using client funds to fund office account transactions, using client accounts as banking facilities or not having proper and correct accounting records. It is clear that some practices need support. But where from?

Confidentiality

The question of data protection and confidentiality is addressed at the outset of any engagement, whereby a confidentiality agreement is signed by the remote legal cashier and firm.

Benefits

The benefit of a remote legal cashier is that they can work offsite and for as much or little time as required. A practice may only need a legal cashier for a few hours a day or a few days a week. The cost savings compared to employing a full time legal cashier quickly appreciate and the practice has peace of mind. Savings by not directly hiring a Legal Cashier include employer NI, staff benefits, auto enrolment, overheads and office space.

 

If you require any assistance please contact us at services@bidwellhenderson.co.uk

Danielle Conaghan - Edwards Duthie Solicitors

Abbie Huxley - Burke Niazi Solicitors

Their service is professional, efficient, accurate and they turn our files around quickly. The Admin, accounts and cost draftsman team are all friendly and knowledgeable.
I would not hesitate to recommend Bidwell Henderson to anyone in the legal profession, they have always gone the extra mile on all of our cases both standard and complex to help expedite our bill payment.

Heidi Murphy, KK Law

As one of our key strategic partners we have found Bidwell Henderson to be a very forward thinking and highly professional law costs drafting firm. They should be commended on their continual investment in staff training, quality controls and GDPR principles.

Specialising in billing through Tikit P4W they fit with our services portfolio perfectly. They consistently hit the mark first time – demonstrating the quality of their work and professionalism of their team, whilst more importantly improving client cashflow.

Gary Shaw, Accesspoint Legal

The Bidwell Henderson team are an absolute pleasure to deal with as they are all so helpful and accommodating and deliver client focused services to suit business needs.

In addition to providing an efficient, tailored and exceptionally pro-active service – they strike the perfect balance of friendly and professional.

Kelly Pashley-Handford, Spencers Solicitors

I have always found their managers and draftsmen to have detailed knowledge of current costs’ law, our case management system and to be knowledgeable and personable.
The managers Ann Henderson and Rebecca Bidwell are always on hand to support their cost draftsmen, and their strategic knowledge of how to manage the Legal Aid Agency costing process is invaluable and impressive.

Deborah Piccos, TV Edwards Solicitors