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Albury & NSW Riverina Region

External Examiner Albury

Expert Trust Account Audit Services for Legal Practitioners in Albury, Wodonga and the Riverina Region

Download NSW Engagement Letter

Get started with your trust account audit

Your Trusted External Examiner in Albury

If you are a legal practitioner in Albury or the broader Riverina region requiring an external examiner for your Trust Account, you need a qualified professional who understands both the legal requirements and the unique needs of regional NSW legal practices. Our team of Law Society of NSW registered external examiners provides comprehensive trust account audit services throughout Albury, Wodonga, and the surrounding regional areas including Wagga Wagga, Griffith, Deniliquin, Wangaratta, Shepparton, and the Murray River corridor.

Under the Legal Profession Uniform Law Australian Solicitors' Conduct Rules 2015 and the Legal Profession Uniform Law (NSW), solicitors managing trust money must have their trust accounts externally examined annually. This requirement ensures that client funds are properly safeguarded and that solicitors comply with their regulatory obligations, regardless of whether they practice in metropolitan Sydney or regional Albury.

Why Choose Our Albury External Examiner Services?

  • Law Society of NSW registered external examiners
  • Specialised experience with regional NSW legal practices
  • Competitive fixed-fee pricing
  • Fast turnaround times
  • Flexible remote or on-site examination options
  • Personalised service tailored to regional practices

Legal Requirements for External Examination

The Legal Profession Uniform Law (NSW) and the Legal Profession Uniform General Rules 2015 establish the framework for external examination of trust accounts in New South Wales. These requirements apply equally to solicitors in Albury and the Riverina region as they do to their metropolitan counterparts in Sydney.

Who Must Have an External Examination?

Any solicitor or law practice in Albury that holds or receives trust money must have their trust account externally examined at least once every financial year. This requirement applies to:

  • Solicitors holding client funds
  • Law practices with trust account overdraft facilities
  • Incorporated legal practices (ILPs)
  • Multi-disciplinary practices (MDPs)
  • Sole practitioners and small firms

What Does the Examination Cover?

Our external examination services in Albury include comprehensive verification of:

  • Trust account reconciliations
  • Compliance with Trust Account Rules
  • Client ledger accuracy
  • Receipt and payment procedures
  • Internal controls and systems
  • Compliance with operating directions

Key Legislative Requirements

Legal Profession Uniform Law (NSW)

Part 4 - Trust Accounts and Client Money

Legal Profession Uniform General Rules 2015

Part 3 - Trust Accounts

Law Society of NSW Rules

Trust Account Handbook Guidelines

Australian Solicitors' Conduct Rules 2015

Rule 12 - Trust Money and Trust Property

Our External Examination Process in Albury

We follow a thorough, systematic approach to ensure comprehensive compliance verification for Albury legal practitioners

1. Initial Consultation

We begin with a complimentary discussion to understand your practice size, trust account volume, and specific requirements. This helps us provide an accurate quote and timeline tailored to your Albury or regional practice.

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2. Document Collection

You'll provide essential documents including bank statements, trust ledger reports, reconciliation worksheets, and receipt/cheque journals. We provide a detailed checklist to ensure nothing is missed.

3. On-Site or Remote Examination

Our examiner conducts a comprehensive review of your trust account procedures. This can be performed on-site at your Albury office, via video conference, or remotely via secure document transfer - whichever suits your practice best.

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4. Report Preparation

We prepare the formal External Examiner's Report as required by the Law Society of NSW, including any recommendations for improving your trust account procedures.

5. Delivery and Follow-up

The final report is delivered promptly, and we're available to discuss any findings or recommendations. We can also assist with implementing any suggested improvements.

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Costs and Fees

Transparent, competitive pricing for Albury and Riverina legal practitioners

External Examination Fee

Standard Trust Account Examination

$1500 - $3500

Fixed fee (varies based on practice size and transaction volume)

Basic

$1500

Up to 50 transactions/year

Standard

$2500

50-150 transactions/year

Most Popular

Premium

$3500

150+ transactions/year

What's Included:

  • • Comprehensive trust account examination
  • • Official External Examiner's Report for Law Society
  • • Recommendations for best practices
  • • Prompt turnaround within 10 business days
  • • Phone and email support

* Pricing effective for FY 2025-2026. Volume discounts available for multi-office practices. Contact us for a custom quote.

Why Albury Solicitors Trust Us

Regional NSW Expertise

Based in regional NSW, we understand the unique needs of Albury and Riverina legal practitioners. We offer flexible examination options including remote services.

Fully Qualified

Law Society of NSW registered external examiners with extensive experience in trust account compliance and regulatory requirements for regional practices.

Fast Turnaround

We understand deadlines matter. Standard examinations completed within 10 business days, with expedited options available for urgent requirements.

Service Areas in Albury & Riverina

Albury Wodonga Wagga Wagga Griffith Deniliquin Wangaratta Shepparton Tocumwal Echuca Mildura Corowa Goulburn

Frequently Asked Questions

What is an external examiner?

How often must I have my trust account externally examined?

Can the examination be done remotely?

What happens if issues are found during the examination?

How long does the examination take?

Do you serve areas outside Albury?

Download NSW Engagement Letter

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

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Ready to Schedule Your External Examination?

Contact us today for a no-obligation quote for your Albury or Riverina practice

Why Act Now?

Quick 10-day turnaround
Law Society registered
Competitive fixed fees