SRA Accounts Rules for Lawyers and Solicitors – Face-to-Face Workshop

As an Org Plus Plan subscriber, you have unlimited access to the On Demand training library of pre-recorded training videos. You can watch these as many times as you like at your own leisure. Questions can be posed to trainers during and after the video, with responses being provided within 2 working days. Ensure you’re logged into your account to access.

For non-subscribers and all other plan subscribers, access can be purchased separately.

SRA Accounts Rules for Lawyers and Solicitors

Length: 6 Hours

Published September 23, 2022

Last Updated on May 4, 2023

Who is this training for?

This face-to-face workshop is for Solicitors, Lawyers, Accountants, Compliance Officers, COFA’s, Legal Accounts Professionals and anyone that has any involvement in working in legal finance and compliance.

Purpose of this training?

The current SRA Accounts rules allow more flexibility in how law firms operate and manage risk but also require firms to make their own professional judgements and decisions in how they protect client money and assets entrusted to them.

This workshop will introduce you to the Accounts Rules with an explanation of the regulatory requirements and the ethical behaviours that underpin them.


  • The Solicitors Regulation Authority
  • SRA Principles and SRA Codes of Conduct
  • SRA Accounts Rules – an overview, key requirements, common misunderstandings
  • Banking Facilities
  • Residual Balances
  • Joint Accounts/Clients Own Accounts
  • Third Party Managed Accounts
  • Disbursements and Recharges
  • Consequences of Acting Unethically

Practice notes and training sessions represent the Association of Legal Compliance & Accounts’ view of good practice in a particular area. They are not intended to be the only standard of good practice that firms can follow.

Practice notes and training sessions are not legal advice, and do not necessarily provide a defence to complaints of misconduct or poor service. While we have taken care to ensure that they are accurate, up to date and useful, we will not accept any legal liability in relation to them.

Frequently Asked Questions

Why Face-to-Face

Individuals have the opportunity to connect with, problem-solve, and network with others from a wide range of backgrounds that online environments usually can’t replicate. Direct interaction with the trainer is also beneficial. You may also feel more comfortable and learn more easily in a familiar, traditional classroom situation.

Face-to-Face – the Cons

It’s expensive and time consuming. Online training can be recorded and viewed over and over again, whereas face-to-face training is delivered and the learner is left to rely on their memory and notes. A classroom setting can also stifle learning by allowing dominant personalities to take the bulk of the discussion environments. Quieter individuals become limited in their communication options for exchanging ideas and information.

Depending on your subscription and the length of the workshop, the pricing is as follows:


Face-to-Face (3 hours)

Face-to-Face (6 hours)








Our face-to-face workshops are hosted and presented within the main cities of the UK. Details on the actual venue will be provided closer to the date.

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