Wollongong & NSW South Coast
External Examiner Wollongong
Expert Trust Account Audit Services for Legal Practitioners in Wollongong and the Illawarra Region
Expert Trust Account Audit Services for Legal Practitioners in Wollongong and the Illawarra Region
Get started with your trust account audit
If you are a legal practitioner in Wollongong or the broader Illawarra region requiring an external examiner for your Trust Account, you need a qualified professional who understands both the legal requirements and the local business environment. Our team of Law Society of NSW registered external examiners provides comprehensive trust account audit services throughout Wollongong, from the city centre to the surrounding suburbs including Dapto, Shellharbour, Kiama, Nowra, and the Southern Highlands.
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.
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. Understanding these requirements is essential for all solicitors who handle client funds.
Any solicitor or law practice in Wollongong that holds or receives trust money must have their trust account externally examined at least once every financial year. This applies to:
Our external examination services in Wollongong include comprehensive verification of:
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
We follow a thorough, systematic approach to ensure comprehensive compliance verification
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.
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.
Our examiner conducts a comprehensive review of your trust account procedures. This can be performed on-site at your Wollongong office or remotely via secure document transfer - whichever suits your practice best.
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.
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.
Transparent, competitive pricing for Wollongong legal practitioners
Standard Trust Account Examination
Fixed fee (varies based on practice size and transaction volume)
$1500
Up to 50 transactions/year
$2500
50-150 transactions/year
Most Popular$3500
150+ transactions/year
What's Included:
* Pricing effective for FY 2025-2026. Volume discounts available for multi-office practices. Contact us for a custom quote.
Based in the Illawarra region, we understand the unique needs of local legal practitioners. Face-to-face consultations available when needed.
Law Society of NSW registered external examiners with extensive experience in trust account compliance and regulatory requirements.
We understand deadlines matter. Standard examinations completed within 10 business days, with expedited options available.
Ready to begin your external examination? Download our NSW Law Society compliant engagement letter to get started.
Contact us today for a no-obligation quote for your Wollongong practice
Why Act Now?