Business Details
36 Years
experience
Trusted Legal Accounting Solutions
The Law Factory has been providing specialist legal accounting services since 1990, combining deep industry expertise with tailored solutions for law firms and legal professionals. Our team of qualified accountants and legal cashiers brings decades of collective experience in SRA Accounts Rules compliance, offering outsourced bookkeeping, consultancy, and accounts reconstruction services. We pride ourselves on understanding the unique financial challenges faced by legal practices, delivering efficient systems that reduce administrative burdens while maintaining strict regulatory adherence. Our commitment to continuous improvement is demonstrated through our proprietary Lawslip digital platform, which streamlines financial transactions and enhances compliance. With a client base spanning large legal aid providers, private firms, and charities, we combine technical proficiency with personalized service to become an integral extension of our clients' operations.Our track record of successful SRA audits and long-standing client relationships underscores our reputation as trusted compliance partners. We maintain strong industry connections with top accountants and legal software providers to deliver comprehensive solutions. Our team's extensive experience includes managing complex legal aid accounts, implementing software migrations, and providing strategic financial consultancy. We prioritize transparency in all operations, ensuring clients maintain full control over their financial processes while benefiting from our expertise. Our approach combines technical excellence with a dedication to client satisfaction, as evidenced by our numerous long-term client relationships and industry testimonials.
Services
Legal Bookkeeping
Accounts Consultancy
Lawslip System
Accounts Reconstruction
SRA Compliance
Details
- Year established: 1990
Highlights and features
- We have over 30 years' experience in legal accounts compliance
- Our team includes AAT and ACCA qualified professionals
- We provide tailored systems for SRA Accounts Rules compliance
- Our proprietary Lawslip platform streamlines financial processes
- We offer consultancy from experienced legal accounting experts
What people say
Exceptional service
Personal service
Professionalism
Terrific service levels
Compliance expertise
Services
Legal Bookkeeping
Our outsourced legal bookkeeping service maintains your accounts to the highest standards while ensuring SRA Accounts Rules compliance. We handle daily transactions, bank reconciliations, VAT processing, and month-end procedures for law firms of all sizes. Our qualified team provides continuity during staff absences and offers tailored solutions to match your practice's specific requirements.
Accounts Consultancy
We offer expert consultancy for law firms seeking to improve financial systems and compliance. Our services include business planning, audit preparation, software selection, and process optimization. With 30+ years' experience, we provide strategic guidance on cashflow management, budgeting, and regulatory compliance to help legal practices operate more efficiently.
Lawslip System
Our proprietary Lawslip system streamlines financial transactions through a secure digital platform. It enables efficient request management, reduces paper usage, and provides real-time tracking of financial activities. The system integrates with existing practice management software to enhance compliance while maintaining ease of use for legal professionals.
Accounts Reconstruction
We specialise in resolving SRA Accounts Rules breaches through comprehensive accounts reconstruction. Our team addresses historic compliance issues, balances residual accounts, and implements corrective systems. This service includes preparation for audits and ongoing support to maintain proper financial records for legal practices.
SRA Compliance
Our compliance services focus on maintaining strict adherence to Solicitors Regulation Authority requirements. We provide regular system reviews, audit preparation, staff training, and process implementation. Our team works closely with clients to develop tailored compliance frameworks that prevent breaches and ensure smooth regulatory inspections.
People
Jeremy Downham
Founder
With over 35 years' experience in legal accounting, Jeremy established The Law Factory in 1990. He has developed a team of specialists who provide compliance solutions for law firms nationwide.
Deborah Downham
Partner
A qualified solicitor with banking experience, Deborah manages firm administration and compliance. She became partner in 2009, bringing legal and financial expertise to client services.
Alex Simons
New Business Manager
Qualified AAT accountant with 25 years' experience, Alex specialises in legal aid accounts and reconstruction. He leads new client onboarding and continues professional development in legal finance.
Sam Keetch
Accountant
Fully qualified AAT and ACCA accountant, Sam manages complex client accounts and audit preparations. He provides expert financial reporting for large charity clients and business consultations.
Charlotte Smith
Office Manager
As Office and Legal Accounts Manager, Charlotte handles complex accounts issues and staff management. She supports clients directly while coordinating team operations and client account distribution.
Questions
What legal accounting services do you offer?
We provide outsourced bookkeeping, SRA compliance, accounts reconstruction, consultancy, and our proprietary Lawslip digital system for law firms nationwide.
How do you ensure SRA Accounts Rules compliance?
Our team of qualified legal cashiers uses tailored systems and regular reviews to maintain strict adherence to SRA regulations for all clients.
Can you help with legal software migrations?
Yes, we offer consultancy and implementation support for migrating to new legal accounting software packages.
What experience do your team have?
Our team includes AAT and ACCA qualified professionals with decades of combined experience in legal accounting since 1990.
Do you work with different law firm sizes?
We support practices of all sizes from small niche firms to large legal aid providers across the UK.
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