An important decision every lawyer faces in setting up their practice is how to ensure their books and records are maintained in accordance with the requirements of the Law Society.

There is a prevalent notion among lawyers that the bookkeeper’s role is akin to that of a data entry person. Some lawyers may hire a relative for this job or delegate it to a secretary without careful deliberation of their qualifications. Poor books and records lead to costly administrative suspension by the Law Society.

When it comes to the preparation of the monthly trust bank reconciliations and monthly financial reports, you need a good bookkeeper with above-average analytical skills, as they are often required to identify and rectify discrepancies in the course of their duties.