Client money in law firms: what new proposals could mean for your business
This article looks at the key emerging issues, alongside the latest consultations and proposals shaping the future regulatory environment for law firms.
Mark joined Price Bailey in 2012 and is a Partner within the Audit & Assurance team, specialising in accounts, audit and tax compliance work.
Having worked across both Business Services and Audit teams during his tenure, Mark has built valuable knowledge of various aspects of accounting.
Mark assists a broad range of company types including LLPs and FCA registered companies, from owner managed entities to UK subsidiaries of worldwide groups. He has experience across an array of industries including manufacturing, technology and law. Mark utilises expertise from across the firm, working closely with other professionals to ensure his clients receive great value.
When not in the office Mark can be found spending time with friends and family, watching football and striving to improve his golf swing.
This article looks at the key emerging issues, alongside the latest consultations and proposals shaping the future regulatory environment for law firms.
From accounting periods beginning on or after 1 January 2026, changes to lease accounting under FRS 102 will come into force, bringing UK standards closer to IFRS 16. For professional services firms, the impact of these changes is expected to be significant. Find out more here...
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