Legal Finance Professionals Limited

Legal Finance Professionals Limited was established in 2007 and is run by leading regulation and compliance expert Richard Lane BA (Hons), ACA.

Richard qualified as a Chartered Accountant whilst working for Baker Tilly. In 1996 he moved out of private practice and joined the Law Society‘s Forensic Investigation Unit where he was responsible for managing a team of investigation officers and overseeing investigations into firms of solicitors checking, amongst other things, compliance with the Solicitors’ Accounts Rules 1998 and Solicitors' Code of Conduct 2007.

Richard is well known in the legal sector for his expertise in the field of legal regulatory and compliance matters. Legal Finance Professionals Limited specialise in all matters relating to the Solicitors‘ Accounts Rules 1998, Code of Conduct 2007 and Money Laundering Regulations 2007 as well as the wider aspects of the general organisation and operation of a solicitor’s practice.

The wealth of knowledge and experience gained whilst working for the Law Society puts Richard in a unique position to identify potential problem areas within law firms and advise them accordingly. Building on this expertise, Legal Finance Professionals Limited act for legal firms, individual solicitors, accountants and others involved in the legal sector who benefit from a range of services including CPD training courses accredited by the Solicitors Regulation Authority (SRA), SRA Compliance Healthchecks, due diligence and expert witness services. We can also offer assistance to firms or solicitors who are subject to investigation or disciplinary action by the SRA or those who have been referred to the Solicitors Disciplinary Tribunal (SDT).