LPC Solicitors Accounts Study guides, Class notes & Summaries
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LPC Solicitors Accounts
- Exam (elaborations) • 11 pages • 2022
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- $25.49
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The Overarching Objective: 
Rule 1.1 of SRA Accounts Rule - To keep client money safe 
 
Office Money: 
Belongs to firm 
 
Client Money: 
Belongs to clients. 
 
Rule 12 SRA 12.2 & 12.7: 
set out the distinctions between what is client money and what is office money. Rule 12.7 is the main rule listing examples of what is office money 
 
Out of scope money: 
money received by a multi-disciplinary partnership in relation to activities not regulated by the SRA.
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LPC Solicitors Accounts
- Exam (elaborations) • 11 pages • 2022
-
- $25.49
- + learn more
The Overarching Objective: 
Rule 1.1 of SRA Accounts Rule - To keep client money safe 
 
Office Money: 
Belongs to firm 
 
Client Money: 
Belongs to clients. 
 
Rule 12 SRA 12.2 & 12.7: 
set out the distinctions between what is client money and what is office money. Rule 12.7 is the main rule listing examples of what is office money
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