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JGM, Solicitor
Category: Law
Satisfied Customers: 12176
Experience:  30 years as a practising solicitor.
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does a solicitor have to account for interest on client's money

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does a solicitor have to account for interest on client's money which he has been holding for 8 years in his own client's account?
or,can he swallow it up? and, refuse to account for the interest on it?
Thank you for your question.
A solicitor has to account to his client for all funds held and interest on those funds. If he doesn't do so he is in brech of his professional responsibility to his client and can be reported.
If he continues to ignore you, report him to the Law Society.
I hope this helps.
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Customer: replied 3 years ago.
He has held £200 k for 8 years and ignores all letters and requests to account for interest
Should I issue proceedings for specific performance as I have complied in full with everything 2 years ago?
The Law Society would probably be quicker but yes you can do that legally.