Client Account Operations — SQE1 FLK2 Solicitors Accounts
Notes de l’épisode
The client account is comfortably in credit, the court fee is due today, and you still cannot pay it.
Practise this topic with exam-style questions: sqe1prep.co.uk
In this episode:
- Not one pot, but a stack of separate client entitlements
- Withdraw only if sufficient funds are held for that specific client
- A bill must be delivered before client money pays your costs
- Every payment must relate to a regulated service you deliver
- Replace any shortfall from office money immediately
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