Important: The FAQs below were written and published before the introduction of the SRA Handbook on 6 October 2011, and may refer to regulatory material that is no longer in effect. Although they may still be relevant, these FAQs have not yet been reviewed in light of the wide-ranging regulatory changes implemented on 6 October. They will be reviewed and updated (or archived) in due course.

I am going to set up in practice but will only have agreed fixed fees in accordance with rule 17.5 of the Solicitors' Accounts Rules. Will I need to operate a client account?

It is your decision whether you need to consider if you need a client account.

If you do not intend to hold client money, you can take the decision not to operate a client account.

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