Solicitors
Accountants for Solicitors
The Solicitors Regulation Authority (SRA) require that any solicitor or law firm that holds client money has their client accounts audited by an external accountant to ensure compliance with the Solicitors’ Accounts Rules.
At Cottons, we have many years of experience working with Solicitors, both specialist firms and general practices. We understand the unique accounting and taxation needs of the legal profession and have worked with firms as they transition from the traditional sole trader or partnership models to the more protected LLP and company structures.
Who we’ve helped
“At Rollasons, we have been working with Cottons for over a decade. The team provide us with a wide range of services including essential compliance work; accounts, tax returns and payroll. More importantly, they have provided business advice, tax planning for the firm and Partners, with additional business support as needed.
Cottons’ dedicated Solicitor’s Accounts Rules team provide us with a thorough, professional service completing our SRA audits and are always available for any other additional projects.
Cottons have been an invaluable partner to Rollasons as our business has grown over the years and I highly recommend them.”
Jo Caddoo, Rollasons Solicitors
Speak to our expert team
We love a challenge and would be excited to hear how we can help you achieve your goals. Simply give us a call or fill out the form below and we’ll get back to you as soon as we can.
From industry news to opinions from our experts, we’re all about sharing useful information and insight.
It can be hard to keep track of all the financial and regulatory changes or news you need to stay on top of when you’re running a business – but that’s why we’re here. In our blog, you’ll find useful updates and information from our team, stripped of jargon and made easy to understand.
The new audit thresholds for 2024
Earlier this year, then-PM Rishi Sunak announced there would be new audit thresholds introduced in October 2024.
The new audit thresholds for 2024
Earlier this year, then-PM Rishi Sunak announced there would be new audit thresholds introduced in October 2024.
What to look for when choosing accounting software: a guide for SMEs.
Explore how accounting software can save time, cut costs, and drive growth. This guide highlights the benefits of cloud solutions and top tools for SMEs, helping you streamline finances and plan for success.
What to look for when choosing accounting software: a guide for SMEs.
Explore how accounting software can save time, cut costs, and drive growth. This guide highlights the benefits of cloud solutions and top tools for SMEs, helping you streamline finances and plan for success.
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