Understanding your legal trust account obligations, examinations, and deadlines is essential to any solicitor or firm with a trust account. Trust money is subject to extra scrutiny as prescribed by the Law Society, to ensure that the money being held on behalf of clients is handled accordingly.
A trustee may be liable for any breach of its duties, and one of those key duties is to maintain proper accounts. Appoint a respected external examiner you can rely on, and ensure these obligations are met, seamlessly and comprehensively.
Madden Partners’ team has years of experience in trust account external examinations of all sizes and scopes. We’re dedicated to providing minimal disruption to your firm, while still complying with all Law Society stipulations.
We’ll work with you to keep you fully informed of all the requirements and ensure deadlines are met, for your complete peace of mind.