Well, it’s complicated… The Safe Answer No, your firm cannot generally act for both the buyer and seller in a conveyancing transaction, even with information barriers in place. The [...]
A recent RollOnFriday poll has revealed concerning insights into the billing practices within the legal profession. Over a third (35.5%) of surveyed lawyers admitted to inflating their time [...]
This updated guide from the National Crime Agency (NCA) provides crucial information for lawyers on how to request a defence against money laundering and terrorist financing offences under the [...]
When the Solicitors Regulation Authority (SRA) first floated the idea of banning solicitors from handling client money, I must admit, my initial reaction was sceptical. I assumed, perhaps [...]
This week we hosted an insightful panel discussion titled “Attacks, Hacks, and Cyber-Risks”, focusing on the impact of cyber security on law firms. The panel included Chris Roberts [...]
It would be an understatement to say that law firms face increased scrutiny regarding their AML practices. The SRA is intensifying its efforts to combat AML deficiencies, making it crucial for [...]
In a recent episode of the “Inside Risk & Compliance” podcast, hosted by Adam Spencer of AJ Fox Compliance, I had the pleasure of delving into the intricacies of law firm risk and [...]
By Adam Spencer – AJ Fox Compliance What do candidates on the market want? The first part of any good recruitment process is understanding exactly what you are looking for and how you are [...]
We interviewed Paul McCluskey of specialist banking and finance consultancy Gemstone Legal, about the SRA’s recent reminder to law firms about paying interest to clients. Jonathan [...]
By Chris Sweetman and Jonathon Bray “Culture eats strategy for breakfast”. Although some would argue this well-known quote overstates things, most people accept that culture plays an important [...]
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