COLP-help – a New Way to Outsource Compliance

Let our expert consultants guide your COLP and COFA through the risk and compliance maze.

  • Save 5-10 hours per month
  • Expert, practical advice
  • Peace of mind – fully auditable systems
  • Simple monthly retainer

WHY CHOOSE US?

Our risk management consultants are experts in their field, and most have recent practice experience. We understand the challenges and anxieties that regulation brings. Everything we do is about making your life easier.
“To be as helpful as humanly possible” – that’s our motto!

Find Out More?

Do you have any questions? Call 02920 660160 or enter your details below and we’ll call you back during office hours.



Our Monthly Retainer Service Is Aimed at Firms That Want to Work Smarter

The SRA will not allow you to outsource the COLP and COFA roles. However, it makes perfect sense for you to outsource most of the compliance work, whilst retaining oversight and control. Which leaves you free to run your business.

Most firms outsource HR, IT, accounts, drafting, etc.…why not compliance?

WHAT DOES THE SERVICE INCLUDE?

COLP-help is designed to give your COLP and COFA oversight and control of all compliance and risk issues, without having to treat it as a full time job. We simply take care of the vast majority of the time-consuming work. Here is what a typical package would include:

OUR UNIQUE MODEL

  • Initial audit
  • Remedial action
  • Regular on-going monitoring
  • Audit trail
  • Expert advice and support

INITIAL SET UP

  • Analysing the business and its key risks
  • Auditing current systems and practices
  • Identifying compliance gaps
  • Recommending new systems and practices, if required
  • Updating or re-drafting the Office Manual
  • Setting up recording and evidence-capture systems
  • Preparing a Compliance Plan

ONGOING WORK

  • Monthly compliance and risk management meetings
  • On-call for compliance questions and emergencies
  • Assistance with reporting breaches
  • Maintaining and updating systems and records
  • Ensuring that policies and procedures are working effectively
  • Assistance with the annual information report
  • Assistance with PII renewal

WHAT OUR CLIENTS SAY

  • Jon’s advice and support has been very helpful in rationalising the requirements of COLP/COFA compliance. Putting in place the appropriate systems seemed a challenge on top of the day to day pressures of a busy legal practice, so we’re very grateful for the clarity and detailed knowledge that Jon brought to the process.

    Andrew Johnson Humfrys and Symonds
  • Jon’s support and practical guidance has given me peace of mind that our systems are compatible with the SRA’s Outcome Focused framework. I definitely recommend Jon and his company to any firm looking for cost effective legal support and advice.

    Victoria Mark Lofthouse Mark Solicitors
  • Thank you so much for guiding my firm through the new rules, which with your expert input were not as daunting as I first envisaged...You have convinced me that the new regulations are to be embraced and not to be feared!!

    C. Sedgwick Miles and Cash
  • Our meetings with Jon were refreshingly full of common sense and practical advice. It makes a big difference having a former solicitor with experience and understanding mentoring us rather than an administration consultant who has never had to juggle the pressure of constant phonecalls and client attendances!

    Tim Treherne Beaumonts Solicitors

HOW MUCH DOES IT COST?

This is a bespoke and personal service. We will be as helpful as humanly possible, to make sure your firm is managing its risks effectively.

For smaller firms the service is likely to cost around 5 hours of your COLP’s charge out rate per month. Please contact us for a quote.

Please note that availability of COLP-help is strictly limited.

THE BUSINESS CASE

We think it makes good commercial sense to invest in compliance and risk management. If you aren’t tied up in systems and procedures, then you are free to generate more fees, deliver excellent service and run your business effectively.

Those firms who have found themselves on the SRA’s radar will recognise the financial and reputational damage that can be caused by unwanted regulatory attention.

Compliance will continue to be an ongoing cost of doing business in the profession, whether that comes in the form of lost fee-earning time, recruiting compliance specialists or getting external help and support.

Get in touch to see how we can help.

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