Solicitors are in great demand in the UK, with an annual growth of 5% in the legal services market predicted for the next few years. Whether you are a freelance solicitor or part of a law firm, you can face unique difficulties that can hold your growth back. DSK, with its deep-seated experience in this sector, understands the challenges and have proven solutions for the same.
Accounting for solicitors and law firms is a specialist area that requires an understanding of the rules and regulations applicable in this sector. At DSK, our accounting experience, in conjunction with business and financial advisory services, helps solicitors solve their biggest challenges. These challenges are a product of increased competition, changing demands as well as geopolitical machinations such as Brexit.
All solicitors are required to be compliant with Solicitors Accounts Rules and ensure accurate and timely accounts preparation. DSK not only helps your firm in accounting and reporting but also conducts a thorough SRA audit to ensure the highest compliance standards.
We can help you with:
DSK’s specialist accountants understand the distinctive needs of solicitors and law firms. We keep up with changing legislation on legal accounting to ensure you meet your tax obligations. We are also well-versed in client trust fund accounting, client ledgers and other specific legal tax requirements.
In addition to traditional tax and accounting services, we can help you with:
With numerous years of experience working with solicitors and law firms, we can guide your firm through change by identifying ways to improve financial operations, developing risk strategies, improving internal controls, and overall business operations. Our accounting professionals provide deep financial and accounting services, as well as business consulting, specific to the legal profession.
We can help you with:
+44 (0)20 3995 7700
D S House
306 High Street
Croydon
CR0 1NG
163 Herne Hill
London
SE24 9LR
