Industry Insights

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 [...]

So, you have made a bit of a name for yourself, mastered your craft and have amassed a book of potential clients. Working from home is actually quite pleasant and you don’t miss that [...]

Our webinar training session was this week focused on Risk Management for law firms. (The slides are available here if you are interested). A key part of the training was around the risk [...]

Rachael Eyre says it’s time to look again at alternative business structures (ABSs). The Legal Services Act fundamentally changed the way the legal profession works The 2007 Act created the [...]

It’s not often that SDT decisions are overturned on appeal, so when it happens it’s important to see what practical lessons can be learned. The Beckwith case has been one of the most [...]

Rachael Eyre says that a recently reported case of a trainee’s failure to serve a claim form reflects more on the firm than the individual. Junior lawyers are inexperienced and need proper [...]

You should be on your guard whenever you hear the word ‘escrow’. Law firms are prohibited from providing pure escrow services through the client account.  Why? Because pure escrow [...]

Cybercrime occurs on an industrial scale. Law firms are attractive targets to hackers because of the amount of money that flows through our client accounts and the volume of transactions. For all [...]

This is a transcript of a webinar presented on 17th March 2021 for Jonathon Bray clients. We provide monthly training sessions like this for all retainer clients. Introduction The Proceeds of [...]

What’s the SRA ‘tax adviser’ issue? As we previously highlighted (see When is tax advice not tax advice? The implications for solicitors are no joke), it is critically important [...]