Complete Guide 2026

Designated Person Adelaide: Complete Guide to Trust Account Examinations

Everything Adelaide law firms need to know about designated persons, Law Society of South Australia compliance, and trust account examination regulations in 2026

Updated February 2026
12 min read

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In South Australia, the term "designated person" is used instead of "external examiner." Adelaide law practices operating under the Law Society of South Australia regulations must engage approved designated persons for annual trust account examinations under SA's Legal Practitioners Act 1981.

What is a Designated Person in Adelaide?

South Australia's Unique Terminology

While most Australian states use "external examiner," South Australia uses "designated person" to describe the independent auditor who examines law firm trust accounts. The role and responsibilities are essentially the same - providing independent verification of trust account compliance.

Every Adelaide law practice receiving trust money must engage a Law Society of SA approved designated person for annual examinations. The examination period is April 1 to March 31 each year, and the report must be submitted by May 31.

Adelaide Legal Market Characteristics

Boutique Market

Adelaide has a strong boutique legal market with many specialized firms. Designated persons need to understand diverse practice areas from wine industry law to defense contracting.

Regional Focus

Many Adelaide firms serve regional SA, handling rural property, agricultural businesses, and regional commercial matters requiring understanding of regional trust account management.

Property & Conveyancing

Adelaide's steady property market creates consistent conveyancing work. Designated persons should be familiar with PEXA and SA-specific property settlement procedures.

Regulatory Differences

SA has some unique trust account regulations. Designated persons must be thoroughly familiar with Law Society of SA requirements, which may differ from other states.

Costs for Adelaide Practices

Small Firms

$1,500 - $3,500
  • • 1-3 solicitors
  • • Single trust account
  • • Regional practices
  • • Standard procedures

Medium Firms

$1,500 - $3,500
  • • 4-10 solicitors
  • • Multiple accounts
  • • Adelaide CBD firms
  • • Mixed practice areas

Large Firms

$1,500 - $3,500
  • • 10+ solicitors
  • • Complex operations
  • • Multi-office practices
  • • High transaction volume

Adelaide Tip: Adelaide's smaller legal market means fewer designated persons available. Early booking (July-August) is essential to secure your preferred examiner during the busy season.

Key Requirements for Designated Persons

Law Society of SA Approval

Must be registered with the Law Society of South Australia as an approved designated person. Registration requirements are specific to SA and may differ from other states.

Professional Qualifications

Must be a registered company auditor or member of recognized professional accounting bodies (CPA, CA ANZ, IPA) with relevant audit experience.

Independence Requirements

Must maintain independence from your law practice - cannot provide bookkeeping or other services that would compromise their objectivity.

Connect with Adelaide Designated Persons

External Examiner connects Adelaide law firms with Law Society of SA approved designated persons who understand South Australian regulations and local market requirements. Submit your specifications and receive quotes from qualified professionals.

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Download SA Designated Person Engagement Letter

Ready to begin your external examination? Download our South Australia Law Society compliant engagement letter to get started.