Solicitor-accounts Study guides, Class notes & Summaries

Notes on Solicitors' Accounts for those preparing for the SQE. I have passed the LPC with a distinction and I am now preparing to take the SQE. Having looked at the exam content and my existing LPC notes, I have created a new set of notes containing all the knowledge you will need from this module to pass the exam. While creating these notes, I made sure that they are set out in a way that is easy to understand using structured step-by-step guides and clear table formats.

Provides an in-depth summary of all the possible types of transactions and their corresponding ledger entries. All the possible exam scenarios are covered in these notes. These notes helped me get a PERFECT SCORE in solicitors accounts.

notes based on Barbri prep course and external resources - debits, credits, rules for solicitor accounts

Contemporary Canadian Business Law 12Ed. By John A Willes, John H Willes -Complete, Elaborated and Latest - Test Bank & Solutions Manual MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A sophisticated client A) does not require the services of a lawyer. B) is someone with formal legal training. C) distrusts and derides lawyers. D) understands the importance of the solicitor-client relationship. E) should represent themselves, rather than...

What is the overarching objective? - CORRECT ANSWER-Rule 1.1 of the SRA Accounts Rules: "The purpose of these rules is to keep client money safe." What is the main way in which the Rules seek to achieve the overarching objective? - CORRECT ANSWER-Rule 1.2(1): By requiring the firm to keep other people's money separate from the firm's own money What is the fundamental rule concerning client money & office money? - CORRECT ANSWER-That these must be kept separate What is Rule 12? - CO...

All the possible entries you'll need for the BPP Solicitors' Accounts Exam.

Everything you need in digestible steps that you can copy and paste in the exam, with little notes to help you understand everything. Do not need to go through workbook, just rely on this!

*DISTINCTION LEVEL* Alice Hicks style colourful summary with full client ledger examples and references to the textbook chapters/paragraphs for the exam. Also financial summary examples and full detail of the rules. University of Law Exam Ready!

FLK2 MCQS SUMMARY SOLICITORS ACCOUNTS EXAM (ELABORATED QUESTIONS AND ANSWERS) LATEST The solicitor should pay the whole of the sum into client account and promptly transfer £800 to business account When there is a mixed payment of client money and non-client money, it must be paid into client account, and the non-client money transferred to business account. - CORRECT ANSWER-A solicitor acts for a residential buyer, and the transaction is nearing simultaneous exchange and completio...

SUMMARY SOLICITOR ACCOUNTS EXAM REVIEW (QUESTIONS AND ANSWERS) What is the overarching objective? - CORRECT ANSWER-Rule 1.1 of the SRA Accounts Rules: "The purpose of these rules is to keep client money safe." What is the main way in which the Rules seek to achieve the overarching objective? - CORRECT ANSWER-Rule 1.2(1): By requiring the firm to keep other people's money separate from the firm's own money What is the fundamental rule concerning client money & office money? - CORR...