The Most Common Legal Mistakes Australian Accounting Practices Make | LegalVision

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When you’re focused on delivering great work for clients, it’s easy to overlook the legal protections your own practice needs.

Gaps in your engagement terms, privacy practices, internal agreements, or record-keeping can leave your firm exposed to disputes, complaints, and unnecessary liability. Ensuring you have the right legal foundations in place helps protect your practice and manage risk as your business grows.

To help you avoid common legal pitfalls, Ushna Bashir (Senior Lawyer) discusses:

why clear client engagement terms are important and how they protect your practice;
how to comply with privacy obligations and avoid data security breaches;
business structure agreements that help prevent partner disputes;
best practices for file and document management to defend against negligence claims; and
how to ensure your marketing materials comply with Australian Consumer Law.

About Ushna Bashir
Ushna is a Senior Lawyer in LegalVision’s Corporate & Commercial team. She drafts and negotiates a wide range of contracts, including in IT, ecommerce and professional services. She also has expertise in assisting businesses in managing their privacy and data obligations under Australian privacy laws.

Visit legalvision.com.au or call 1300 544 755 to contact our team.

00:00 Intro
04:12 What the Law Requires You to Do
08:14 What This Looks Like in Practice
16:01 Consequences of Not Getting It Right
19:01 What to Do to Reduce Your Risks
25:10 Key Takeaways
28:46 Q&A

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The information provided in this video is for general informational purposes only and does not constitute legal advice. While we aim to provide accurate and up-to-date content, laws and regulations may vary, and the information may not apply to your specific circumstances. We encourage you to contact us for a free consultation so we can provide advice specific to your circumstances.