To become an qualified accountant typically a combination of accounting skills, education, qualifications and networking skills are required in the industry. Education University Route To start a career in accounting, education is key. The most common path to...
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Sir Geoffrey Vos believes AI will change principles and practices of common law
Artificial intelligence (AI) is poised to revolutionise the practice of law, potentially reshaping the principles of common law, according to Sir Geoffrey Vos, the Master of the Rolls. Speaking at the Manchester Law Society, Sir Geoffrey offered an optimistic view of...
Top Law Firm Accounting Tips
Accounting is a fundamental pillar of measuring a successful law firm. Law firms, have unique financial considerations that require careful attention to ensure compliance with regulations and business performance. From managing client funds to handling operational...
£550m raised through JustGiving for UK charities in 2023
The fundraising platform JustGiving has announced that over £550m was raised for nearly 20,000 UK Charities through their platform in 2023. This is based on data provided by JustGiving which was taken from 1 January to 15 December 2023. This data only related to...
Charity Finance Group announce project to develop investment principles
On 6th December, the Charity Finance Group announced their Charity Investment Principles project. These Charity Investment Principles will be created by charity sector experts and will aim to support trustees when it comes to making difficult charity investment...
Fundraising Regulator proposes an increase to the Fundraising Levy
On the 6th December, the Fundraising Regulator announced that it is looking to review a proposed increase to the Fundraising Levy in the charity sector for the first time since 2016. What is the Fundraising Levy? The Fundraising Levy raises the majority of the...
Charity sector income decreases for the first time since 2013
New research has found that charity sector income in the UK has shrunk for the first time in eight years for the 2020/21 tax year. It is thought that smaller charities have been affected the most due to the impact of the pandemic. The UK Civil Society Almanac 2023 has...
Ministry of Justice set for Legal Challenge over Fixed Recoverable Costs Plan
The Ministry of Justice is set to expand the fixed recoverable costs regime on 1st October. However, the expansion of the regime has prompted the Bar Council to challenge the Ministry of Justice over the regime who are currently preparing a letter of legal challenge....
SRA Increase Spending on Disciplinary Processes
The Solicitors Regulation Authority (SRA) regulates solicitors in England and Wales. According to its latest annual report the SRA spent £16.5m on disciplinary processes in 2021/22, a £1.5m increase from 2019/20 (pre-covid). It should be noted that the SRA financial...
How to start a career in accounting?
To become an qualified accountant typically a combination of accounting skills, education, qualifications and networking skills are required in the industry. Education University Route To start a career in accounting, education is key. The most common path to...
Sir Geoffrey Vos believes AI will change principles and practices of common law
Artificial intelligence (AI) is poised to revolutionise the practice of law, potentially reshaping the principles of common law, according to Sir Geoffrey Vos, the Master of the Rolls. Speaking at the Manchester Law Society, Sir Geoffrey offered an optimistic view of...
Top Law Firm Accounting Tips
Accounting is a fundamental pillar of measuring a successful law firm. Law firms, have unique financial considerations that require careful attention to ensure compliance with regulations and business performance. From managing client funds to handling operational...