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Reporting financial distress

The following are resources that may be helpful in answering your enquiry. Please familiarize yourself with them before moving on.

In brief: Proactively addressing financial challenges can help lawyers uphold their ethical obligations, protect the interests of their clients, and receive the necessary support to navigate financial difficulties. On a personal level, financial issues can be a significant source of stress; seeking assistance early on can contribute to a more effective resolution of the situation. Check out the resources below and do not hesitate to book a call with a Practice Advisor to talk through your options.

Key Resources

Rules - A lawyer’s financial responsibilities, including standards, insolvency and disciplinary consequences: Law Society Rules 3-47 to 3-52.

Next Steps

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