Paul Jacobs FCCA – Finance Manager – Our in house accountant

In-House Accountant


We are lucky to have within our team our own in-house accountant in the form of Paul Jacobs FCCA. Paul is also the firm’s finance manager.

To be clear – as a firm we are not authorised or regulated by the Financial Conduct Authority (FCA) and we do not therefore provide financial advice. Where financial advice is needed by a client – we will work with their existing financial adviser, or if they do not have a financial adviser then we will refer to a panel reputable financial advisers who are familiar with divorce -related issues.

As our in-house accountant, Paul’s role is not to give financial advice – but it is a rule which can assist our clients and add additional value into our services.

In a nutshell – lawyers are trained as lawyers. The core skill of any lawyer is to understand the law and to apply it to their client situation and to assist the client to obtain a good outcomes their case. (The outcome can be obtained in a number of ways including court proceedings or different forms of negotiation). Lawyers will gather evidence and will prepare a thorough case in order to best present the client’s case either in court or in negotiations (or both).

Most lawyers are not graduates in mathematics. Whilst lawyers or analytical – their skills are more often in words than in numbers.

Of course, just as children lawyers pick up a background knowledge in psychology through reading psychological reports, divorce-finance lawyers will have a basic knowledge of related financial matters through repetition.

legal 500 leading firm logoThe advantage of as having an in-house accountant is that we have within our team someone who is more at home with Excel spreadsheets than with Word documents. Our in-house accountant works with our divorce lawyers to assist in the analysis of the various financial evidence with which we are routinely presented. This can be in aiding with the preparation of spreadsheets which will allow us to better argue our client’s case, or it could be in the reading of business accounts and other financial documents.

A little knowledge can sometimes be a bad thing. If you think you know something and you do not – then this can cause problems. In our more complex cases, the inputs that Paul can provide is useful in determining when external and specific expert financial advice is required and from what type of adviser. Paul is able to provide a sounding board/double-check when our finance lawyers are going through the other party’s financial evidence as well as when they are collating a client’s financial evidence.

Paul isn’t needed to assist in every case – but is available as needed.

It also helps that Paul is sat in the office next to our divorce team. The larger and more corporate practices will have accountants working within their finance teams – but many smaller practices will not. Having our own in-house accountant is nothing original – but is something extra that can assist us in doing the best for our clients.

Latest News

Legal aid needs urgent reform, says Justice Committee

In 2013 the Government removed the availability of legal aid for most private law family matters (i.e. matters not involving social services). Legal aid needs urgent reform, now, legal aid in private family law matters is generally

Read more
Parental alienation in the news again

The difficult subject of parental alienation has been back in the news this week, featuring both in a television documentary and a national newspaper opinion piece.

Read more
Financial remedies: don’t help yourself to your spouse’s documents

It is often the case that when someone is getting divorced, or when their marriage is breaking down, they still have access to their spouse’s private financial documents, whether physical documents, or documents held on a computer.

Read more
Will family mediation become mandatory?

Mediation is a form of dispute resolution, alternative to court proceedings (such alternatives to court are known as ‘alternative dispute resolution’ or ADR). Mediation consists of the parties meeting with a trained mediator, who will help

Read more
The Resolutions Model: getting a child back from care

The Resolutions Model is the name given to an arrangement whereby a child may be returned to their parent, despite the fact that the parent denies causing an injury to the child or its sibling.

Read more
Domestic Abuse Commissioner calls for more support for abuse victims

A new report has revealed that 89 per cent of domestic abuse survivors don’t get any support when they go through the family courts. The report was prepared by SafeLives, a UK-wide charity dedicated to ending domestic abuse, and commission

Read more
Welcome Paul Sykes – Leading Children Law Solicitor

Paul is one of the Leading Children Law Solicitor in the South West and has spent his entire legal career with Somerset based solicitors. Paul is particularly well known and respected by all family law practitioners in Somerset.

Read more
We are recruiting – Business Development Manager/ Marketing Manager/ (Full Time) – Fantastic Opportunity

Despite the very significant challenges in the wider world, the last 18 months have seen us grow from being a small to medium size legal practice. In this time we have significantly strengthened our legal team and turnover has doubled.

Read more
A further illustration of the consequences of lying to the court

It is a common complaint in family proceedings, especially financial remedy cases sorting out finances on divorce, that the other party has ‘got away’ with lying to the court. It is true that the family court will not always take action in

Read more
Important changes to child maintenance system proposed

The payment of child maintenance is one of the biggest issues of contention between separated parents, affecting huge numbers of children. Over the years the government has made various attempts to improve and perfect the child maintenance

Read more
Courts Service sets out role of remote hearings

HM Courts & Tribunals Service (‘HMCTS’), which is responsible for the administration of criminal, civil and family courts and tribunals in England and Wales, has given an indication of the role of remote court hearings

Read more
No-fault divorce delayed until 2022

The Government has announced that the new system of no-fault divorce, which it had previously indicated would come into force in the autumn, will not now do so until spring next year.

Read more