The Law Factory LLP
The Law Factory LLP
The Law Factory delivers bespoke, tailor-made solutions to meet the unique needs of each client, whether they are seeking assistance with their legal accounts, or need experienced consultancy support.
Our comprehensive legal accounts service caters to a diverse portfolio of clients, ranging from large legal aid organisations, private firms, and charities to smaller, niche practices. We provide legal bookkeeping, backed by extensive experience in the legal market, to help reduce the administrative burden on solicitors by managing back-office functions such as electronic bank transactions, estate account and completion statement checks, as well as electronic invoicing. All work is undertaken by a talented and experienced team that is fully conversant with SRA Accounts Rules.
Our consultancy services offer expert advice on management and office systems, with strong connections to top accountants and legal software providers. Having supported firms with numerous SRA audits and those that are looking to wind down their company, we offer professional, tailored support that aligns perfectly with your business needs and goals.
Web
Tel
01531 633545
Address
First Floor Office, 2 Sear House, Bye Street, Ledbury, HR8 2AA
Social
Specialisms
Legal accounts, SRA Accounts, compliance, accounts reconstruction, Accounting, Accounting Software, Administrators, Book-keeping, compliance, Legal Accounting, Legal Book-keeping, Legal Cashiers, Outsourced bookkeeping
Categories
Accountants
Finance
Power of Attorney Act, Legal Needs Survey and more
22nd May 2024
Financial Management in a Busy Legal Aid Firm
22nd May 2024
Embracing modern websites and social media
14th November 2023
Shining a Light on Lock-Up and Cashflow
14th November 2023
Software, AI & The Benefits of Outside Integration
14th November 2023
Due to the retirement of our long-standing bookkeeper, we needed to find a replacement. Initially, we were unsure how we would manage, but we were recommended to TLF and could not be happier with the decision.
Their team is extremely knowledgeable and demonstrates an excellent understanding of every detail of the SAR requirements. We were allocated a dedicated team that is not only highly skilled but also very approachable. Matters are handled efficiently and professionally at all times.
They truly feel like part of our own team rather than an outsourced company. As a firm, we are very impressed with the service we have received and would not hesitate to recommend them..”
We have been using The Law Factory for many years and have always been extremely happy with the service they provide. It gives us real peace of mind knowing that our accounts are being looked after by specialist legal accounting experts who understand our firm and the pressures of running a predominantly Legal Aid legal practice.
Charlotte, in particular, has looked after us for a number of years and has been fantastic throughout. She is approachable, knowledgeable, responsive, and always willing to help. Her support has made a real difference to us, and we value the continuity and personal relationship we have built with her over time.
The team at The Law Factory feel like an important part of our own team. Their professionalism, expertise, and reliable day-to-day support allow us to focus on our clients with confidence, knowing that our accounts and compliance matters are in safe hands.
We would highly recommend The Law Factory to any law firm looking for a trusted, efficient, and genuinely supportive accounts partner.
‘I have been with the Law Factory for a number of years now. It is great to know that the accounts are in the hands of specialist legal accounting experts. I really appreciate my account manager Sam’s work. Thank you, Sam. I also have a really positive relationship with Jeremy and Debbie.
One aspect I particularly value about the ongoing relationship is that TLF are familiar with my firm’s particular circumstances. My experience is that TLF’s costs are really fair, too. I see TLF as a key part of my team.
Thank you, Jeremy, Debbie, and Sam and all at TLF.’
“The Law Factory provide exceptional service at a high quality. We’ve been a client for several years and their commitment to excellence has been outstanding. From their prompt client support to their ability to work within our systems I can confidently say that they have our trust. I would highly recommend their services.”
I am a Director of Step Legal Solicitors, a company that I founded in 2019. I was previously a Director and one third Equity owner of another law firm, a company that I assisted to grow from a few offices to its peak to around 30 with a large accounts team including a Finance Director, a Financial controller and an Accountant who had oversight of the accounts department and provided monthly financial reports/forecasts to the Directors for the board meetings. I have been a Solicitor for 25 years more than 20 years as position of manager, partner and a Director.
I decided to outsource the accounts for my new company due to costs, efficiencies and making sure that those who deal with accounts are compliance focussed. From experience, I am aware that even if you have extensive in-house Accounts teams things can still go wrong. There are always issues and costs associated in employing the right staff including holiday cover, training, oversight/management, PAYE and compliance. I decided to go with the Law factory on a whim and was not certain at the time of how good they were. I was prepared to move on to another company if I was not satisfied with either the service levels or their competence.
Since employing the Law Factory, however, I can honestly say that I have been most impressed with their professionalism and terrific service levels. There have been times when issues had arisen but the hands on approach by the management always applied a very swift resolution. The direct access to Jeremy and the senior team gives a peace of mind. This access is not readily available from larger companies where access to senior management is usually “off limits”.
From compliance point of view, we are proud and happy to say that all our Solicitor Accounts Rules audits have been unqualified and without any material breaches. This is tremendous for a small firm like ours and is testament to the robust systems and processes that we have in place and the accounts competence and oversight that the Law Factory provide on a day to day basis.
If you are looking for an outsourced solution that is cost effective with great service levels and compliance at the heart of your operations then I am delighted to recommend the Law Factory.”
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"I have nothing but praise for The Law Factory and in particular Charlotte who is attentive, knowledgeable and extremely efficient. The Law Factory essentially provides an off-site, outsourced bookkeeping system for our firm Didlaw but it is so much more than that. They know the Solicitors Accounts Rules inside out and are an essential resource for any queries that arise .They take care of all our bookkeeping needs from reconciling our accounts, producing the required monthly SRA reports, reporting for VAT, liaising with our accountants, adjusting journals, you name it they do it – everything that I used to do as Managing Partner of a small firm and which I have completely handed over to them. The systems work seamlessly thanks to the Law Factory team and the simple, easy to use Lawslip system. No more annoying little slips of paper and pinks and blues and greens for us – it is heavenly! Highly recommended and very grateful to have been recommended to them after years of trying to find decent legal cashiers! First class service." |
“The Law Factory provides an excellent service. Jeremy, Debbie and their team liaise with us and our accountants in a way that allows us to focus on our work with complete confidence.” |