What is solicitors run-off insurance? Solicitors run-off insurance is there to protect clients who have a claim against a law firm that has closed down. It provides continued cover for six years [...]
As society starts to reopen, law firms, like every other business, have to adapt to new ways of working. Legal News, in partnership with Cardiff & District Law Society, recently published a [...]
It seems like only last month, but the SRA renewals are coming around again. Has it really been a year? Submissions open 1/10/21 and close 31/10/21. What’s new The SRA are emailing firms [...]
What is Lexcel? When people talk about the ‘Lexcel standard’, they are referring to the official quality mark for legal practice set by The Law Society. The aim of the standard is to provide a [...]
It’s often best to think about compliance issues in simple terms. Solicitors conflicts of interests is no different. If you go back to the first principles, regardless of what the Codes of [...]
In May 2021 the SRA issued £800 fines (plus costs) to six law firms: Charles Hoile Limited JE Bennett Law Limited Fairhurst Menuhin and Co Ltd Alister Pilling (sole practitioner) Morrison Spowart [...]
Dealing with conflicts of interest is a day-to-day part of legal practice. It is (or should be) at the forefront of every lawyer’s mind when they take on a new client and beyond. Sometimes, [...]
It’s that time again! It may feel like you have only just submitted your last round of diversity data to the SRA. But it has already been 2 years and it is almost time to do it all over again. [...]
Becoming a partner is still an important career milestone for many lawyers. But as we all know, not all partners are created equally. Some are true equity owners and managers. Others have the [...]
If you have been paying attention to the extensive requirements of the Money Laundering Regulations (if not, start here), you will know that ‘Independent Audit’ is an important piece [...]
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