Legal Accounts

Legal Accounts for England and Wales

For a Law Firm to prosper, it is important that all of the basics are done right. This includes not just the legal side but also the management of the firm. The bedrock of good firm management is good financial management. It is no good having the best lawyers in the world in your firm, if you cannot pay for practising certificates or you cannot prove to the SRA the last time you reconciled the client account.

Law Practices are not like other companies and there are a number of specific requirements that set them apart from other businesses. Very few companies have their accounts scrutinised to the extent that Solicitors’ firms do. The COFA in the firm will want to know that the firm’s accounts are handled by a system that is SRA Accounts Rules aware and helps all staff remain compliant.

This is why it is essential for Law Firms to have a Legal Accounts System that meets their specific needs and requirements without compromise.

You have earned your Clients’ trust by being legal experts, why would you trust something as important as your accounts to a non-Legal Accounts System?

Client and Matter Accounting

Client and Matter Accounting forms a central part of a Legal Accounts system. The proper recording and reconciliation of client account monies is essential. Ensuring that disbursements are properly recorded, whether they be incurred, billed or anticipated is vital. Making sure that staff are warned if they are in danger of breaching the SRA rules is not just desirable, it is a fundamental part of what your legal accounts software should be doing for you.

Find out more about Client and Matter Accounting

Accounts For Your Business

To manage a Law Firm effectively you need to know how you are performing as a business. Your Legal Accounts Software should be able to assist with managing expenditure against budgets, reconciling bank accounts, producing a VAT return, performing cash-flow forecasts and much more.

Find out more about Accounts For Your Business

What Your Accounts Staff Will Love

From user-friendly bank reconciliations to the facility for multiple open financial periods and years, not to mention cheque printing, posting requests, batch posting and transaction drill-down, there is plenty that your accounts staff will love about the Insight Legal Accounts System.

Find out more about What Your Accounts Staff Will Love

Legal Accounts for Northern Ireland

For a Law Firm to prosper, it is important that all of the basics are done right. This includes not just the legal side but also the management of the firm. The bedrock of good firm management is good financial management. It is no good having the best lawyers in the world in your firm, if you cannot pay for practising certificates or you cannot prove to the Law Society the last time you reconciled the client account.

Law Practices are not like other companies and there are a number of specific requirements that set them apart from other businesses. Very few companies have their accounts scrutinised to the extent that Solicitors’ firms do. The Compliance Officer in the firm will want to know that the firm’s accounts are handled by a system that is Law Society aware and helps all staff remain compliant.

This is why it is essential for Law Firms to have a Legal Accounts System that meets their specific needs and requirements without compromise.

You have earned your Clients’ trust by being legal experts, why would you trust something as important as your accounts to a non-Legal Accounts System?

Client and Matter Accounting

Client and Matter Accounting forms a central part of a Legal Accounts system. The proper recording and reconciliation of client account monies is essential. Ensuring that disbursements are properly recorded, whether they be incurred, billed or anticipated is vital. Making sure that staff are warned if they are in danger of breaching the Law Society regulations is not just desirable, it is a fundamental part of what your legal accounts software should be doing for you.

Find out more about Client and Matter Accounting

Accounts For Your Business

To manage a Law Firm effectively you need to know how you are performing as a business. Your Legal Accounts Software should be able to assist with managing expenditure against budgets, reconcile bank accounts, producing a VAT return, performing cash-flow forecasts and much more.

Find out more about Accounts For Your Business

What Your Accounts Staff Will Love

From user-friendly bank reconciliations to the facility for multiple open financial periods and years, not to mention cheque printing, posting requests, batch posting and transaction drill-down, there is plenty that your accounts staff will love about the Insight Legal Accounts System.

Find out more about What Your Accounts Staff Will Love

Legal Accounts for Ireland

For a Law Firm to prosper, it is important that all of the basics are done right. This includes not just the legal side but also the management of the firm. The bedrock of good firm management is good financial management. It is no good having the best lawyers in the world in your firm, if you cannot pay for practising certificates or you cannot prove to the Law Society the last time you reconciled the client account.

Law Practices are not like other companies and there are a number of specific requirements that set them apart from other businesses. Very few companies have their accounts scrutinised to the extent that Solicitors’ firms do. The Compliance Officer in the firm will want to know that the firm’s accounts are handled by a system that is Law Society aware and helps all staff remain compliant.

This is why it is essential for Law Firms to have a Legal Accounts System that meets their specific needs and requirements without compromise.

You have earned your Clients’ trust by being legal experts, why would you trust something as important as your accounts to a non-Legal Accounts System?

Client and Matter Accounting

Client and Matter Accounting forms a central part of a Legal Accounts system. The proper recording and reconciliation of client account monies is essential. Ensuring that disbursements are properly recorded, whether they be incurred, billed or anticipated is vital. Making sure that staff are warned if they are in danger of breaching the Law Society regulations is not just desirable, it is a fundamental part of what your legal accounts software should be doing for you.

Find out more about Client and Matter Accounting

Accounts For Your Business

To manage a Law Firm effectively you need to know how you are performing as a business. Your Legal Accounts Software should be able to assist with managing expenditure against budgets, reconcile bank accounts, producing a VAT return, performing cash-flow forecasts and much more.

Find out more about Accounts For Your Business

What Your Accounts Staff Will Love

From user-friendly bank reconciliations to the facility for multiple open financial periods and years, not to mention cheque printing, posting requests, batch posting and transaction drill-down, there is plenty that your accounts staff will love about the Insight Legal Accounts System.

Find out more about What Your Accounts Staff Will Love

Scottish Legal Accounts

Insight Legal has been developed to help firms in Scotland meet the specific requirements of the Scottish Legal Accounts rules.

The Legal Accounts System requirements for Solicitor Practices in Scotland differ from those in other areas of the UK. The Insight Legal accounts software has the features required to meet these needs. From running a surplus in the client account to producing a day-book, the Insight Legal Practice Management System has the features and functionality required for Scottish Law Firms.

Law Practices are not like other companies and there are a number of specific requirements that set them apart from other businesses. Very few companies have their accounts scrutinised to the extent that Solicitors’ firms do.

This is why it is essential for Law Firms to have a Scottish Legal Accounts System that meets their specific needs and requirements without compromise.

You have earned your Clients’ trust by being legal experts, why would you trust something as important as your accounts to a non- Scottish Legal Accounts System?

Client and Matter Accounting

Client and Matter Accounting forms a central part of a Legal Accounts system. The proper recording and reconciliation of client account monies is essential. Ensuring that outlays or disbursements are properly recorded, whether they be incurred, billed or anticipated is vital.

In addition to tracking clients’ money in client account, Insight also allows for a unlimited number of Other Funds or Deposit accounts. Therefore this gives you total control and peace-of-mind when it comes to tracking and reconciling your clients’ financial entries.

Find out more about Client and Matter Accounting

Client Surplus Accounting 

Most Scottish Law Firms operate a client bank account in surplus in accordance with the rules laid out by the Law Society of Scotland. The Insight Legal Accounting Software allows one or more surplus accounts to be created each with their own bank and target surplus amounts.

When used in conjunction with the day-book report, this allows the firm to control and maintain a surplus for one or all of their client accounts.

Accounts For Your Business

To manage a Law Firm effectively you need to know how you are performing as a business. Your Legal Accounts Software should be able to assist with managing expenditure against budgets, reconcile bank accounts, producing a VAT return, performing cash-flow forecasts and much more.

Find out more about Accounts For Your Business

What Your Accounts Staff Will Love

From user-friendly bank reconciliations to the facility for multiple open financial periods and years, not to mention cheque printing, posting requests, batch posting and transaction drill-down, there is plenty that your accounts staff will love about the Insight Legal Accounts System.

Find out more about What Your Accounts Staff Will Love

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