Trust Accounting

Law Society Trust Account Handbook

 

The Law Society Trust Account Handbook is a comprehensive and easy to understand guide to the statutory trust accounting requirements contained in the Legal Practitioners Act 1981 and the Legal Practitioners Regulations 2014. It is of relevance to all personnel, both legal and non-legal, engaged in the handling of trust money received by a law practice,  and provides step by step instructions on all of the relevant statutory provisions. You can purchase an electronic version of the Handbook for $44 and a hard copy version for $66.  Please contact Ethics and Practice on 82290229 or send an email to ethicsandpractice@lawsocietysa.asn.au to order your copy. Law Society Members can purchase the electronic handbook online and receive instant access by clicking here.

Law Society Trust Account Receipt Book

 

The Law Society Trust Account Receipt Book provides law practices who receive trust money with trust account receipts that specifically comply with the trust account receipting requirements in Legal Practitioners Act 1981 and the Legal Practitioners Regulations 2014. You can purchase a book of 200 receipts for $38.50. Please contact Ethics and Practice on 82290229 or send an email to ethicsandpractice@lawsocietysa.asn.au to order. Law Society Members can order receipt books online by clicking here.

Trust Accounting Guides and Fact Sheets

 

Agent Deposits	View
Combined Trust Account	View
Withdrawing Trust Money for Legal Costs (Regulation 45 of the Legal Practitioners Regulations 2014)	View
Designated Persons Criteria, Conditions and Protocol	View
Payment of Filing Fees	View
Intra-Firm Transfers Between General trust Accounts	View
Payment of Money from Trust - Authority Required for Paying Disbursements	View
Receiving payments from the Legal Services Commission	View
Receiving payments from Return to Work SA and its agents	View

Please contact Ethics and Practice on 82290229 or send an email to ethicsandpractice@lawsocietysa.asn.au with any queries.