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Archives

Monthly Archive for: "November, 2020"
 Money Laundering Regulations: Are you sure your law firm isn’t caught?
0
By Jonathon Bray
In Industry Insights, Industry Insights
Posted 30th November 2020

Money Laundering Regulations: Are you sure your law firm isn’t caught?

The 5th Money Laundering Directive came into effect on 10th January 2020. With it came a critically important change to the definition of ‘tax advisers’.  This has the potential to bring many [...]

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 SRA Risk Outlook 2020/2021
0
By Jonathon Bray
In Industry Insights
Posted 30th November 2020

SRA Risk Outlook 2020/2021

The Solicitors Regulation Authority (SRA) has published its annual Risk Outlook 2020/2021. It appears they have switched the publishing schedule to roughly coincide with the practising year. [...]

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 ICO’s detailed guidance on subject access requests – Key takeaways
0
By Jonathon Bray
In Industry Insights
Posted 24th November 2020

ICO’s detailed guidance on subject access requests – Key takeaways

In October 2020, the ICO issued an 81 page detailed guidance on Subject Access Requests. Most people will not engage with this until a Subject Access Request lands on their desk, so Rachael Eyre [...]

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 Brexit: How to keep your law firm’s data flowing in 2021
0
By Jonathon Bray
In Industry Insights
Posted 20th November 2020

Brexit: How to keep your law firm’s data flowing in 2021

Rachael Eyre looks at the data protection implications for UK law firms post-Brexit. On 1st January 2021 the Transition Period ends, and the UK is no longer subject to EU Law*. This includes the [...]

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 Donating unclaimed client money to support access to justice
0
By Jonathon Bray
In Industry Insights
Posted 20th November 2020

Donating unclaimed client money to support access to justice

We are keen supporters of the Cardiff Legal Walk, organised through the Access to Justice Foundation, but for obvious reasons the event is not going ahead as planned this year. Like most [...]

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 Phishing emails claiming to come from the SRA
1
By Jonathon Bray
In Industry Insights
Posted 20th November 2020

Phishing emails claiming to come from the SRA

‘Information and cyber security’ is a repeating feature of the SRA’s Risk Outlook. And for good reason. Over the past few weeks, many law firms have reported incidences of phishing emails landing [...]

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 The magic of law firm Employee Ownership Trusts (EOTs)
0
By Jonathon Bray
In Industry Insights
Posted 20th November 2020

The magic of law firm Employee Ownership Trusts (EOTs)

We are seeing increasing numbers of law firms converting to the Employee Ownership Trust (EOT) structure. In this article, we explore the magic of EOTs for founders, employees and law firms as a [...]

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 Brexit and Registered European Lawyers (RELs)
0
By Jonathon Bray
In Industry Insights
Posted 6th November 2020

Brexit and Registered European Lawyers (RELs)

On 31st December 2020, the Transition Period ends, and the UK will no longer be bound by EU legislation. Unless an alternative agreement between the UK and EU is negotiated, the current [...]

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 SRA financial stability – an objective reporting tool for law firms
0
By Jonathon Bray
In Industry Insights
Posted 6th November 2020

SRA financial stability – an objective reporting tool for law firms

We have been thinking a lot about law firm financial stability recently. It is a sad fact that many firms are struggling. Financial stability has always been a huge risk area, and there comes a [...]

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 Making your law firm website stand out
0
By Jonathon Bray
In Industry Insights
Posted 5th November 2020

Making your law firm website stand out

The recent Law Society webinar “Playing by the price transparency rules – how do I make my website compliant and stand-out from the competition?” was split into two key sessions. In our last [...]

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