Please read these Terms and Conditions (“Terms”) carefully as use of this service on the worldwide web directed by the URL www.farnfields.com (“the Website”) constitutes your acceptance of these Terms. Farnfields reserves the right to update the Terms at any time by displaying amended Terms on the Website. You will be deemed to have agreed to the amended Terms when you next use this Website following any amendment.
Farnfields admits you to this Website in order to provide you with the opportunity to find out more about us and the services we offer. You will not use this Website for any unlawful purpose including, without limitation, posting inaccurate, or false information about yourself or others or, posting material containing any virus or interfere with the operation of this Website or attempt to decipher, or modify any of the software, coding or information comprised in this Website.
The content of this Website is provided for information purposes only and does not constitute legal advice. Farnfields makes no representations or warranties as to the accuracy or completeness of the content of this Website. You acknowledge that any reliance on material found on this Website will be at your own risk and you are required to contact one of our solicitors should legal advice be required.
Farnfields LLP is authorised and regulated by the Solicitors Regulation Authority (SRA). Rule 7 of the SRA Accounts Rules sets out when interest must be paid on money held in our client account. Full details are available at http://www.sra.org.uk/solicitors/standards-regulations/accounts-rules/. The purpose of the SRA Accounts Rules is to ensure that client money is kept safe and available for the purpose for which it is provided and separate from funds belonging to the firm. Client money must be held in a client account as defined by the Banking Act. In doing this, funds are protected from being used to cover any liability to the bank by the firm.
In accordance with these rules, it is the firm’s policy to account to its clients for a sum in lieu of interest on a fair and reasonable basis. Client monies will normally be held in general client bank accounts, in which amounts for different matters and clients are pooled.
A sum in lieu of interest will be payable on amounts held in general client bank accounts on the following basis:
Our Interest Policy seeks to provide a fair outcome for clients whilst recognising that money must be immediately available, unless clear instructions are received to the contrary.
Complaints regarding this policy and the amount of interest paid should be directed to Brian Noctor in the first instance. If this does not result in a satisfactory resolution then clients may refer the matter to the Legal Ombudsman.