Residual client balances remain one of the major challenges to law firms with many firms struggling to understand what steps they need to take to remain compliant.
The ILFM has produced this guide to assist firms and key stakeholders to understand residual client balances and complying with the accounts rules. The ILFM are here to ensure you grasp a firm understanding of the risks and implications and set you on a path to ensure your firm is fully compliant with the accounts rules.
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