Industry Insights

No doubt you will have heard of the SRA’s plans requiring firms to publish details of their prices. It stems from the SRA’s ‘Better Information’ consultation and following [...]

    The SRA has published its Risk Outlook for 2018/2019.   One of the main themes emerging is that criminals are having a very real impact upon the legal profession and [...]

Failing to comply with anti-money laundering regulation poses a serious threat to businesses. Take Estate Agents for example – whose average HMRC fine for being around £12,000. Having a robust [...]

On 14th June 2018, the SRA published the latest of its long-awaited regulatory reforms, which have been four years and four consultations in the making. The reforms formed part of the Looking to [...]

One of the fundamental principles of GDPR is that you should only keep personal data for as long as necessary. Lawyers usually retain client files for at least 6 or 7 years for PII purposes, and [...]

This guest article was first published on Legal Finance Professionals. There are very few firms of solicitors that do not have a problem, to a greater or lesser extent, with old residual balances [...]

Many of us went to law school with the aspirations of one day becoming a partner in a law firm. For all the changes to the profession, it’s still seen by most as the pinnacle of a legal career. [...]

There is a huge problem with Anti Money Laundering regulation. The penalties, as we know, are incredibly serious. Yet very few people know exactly what their obligations are. What’s going [...]

January The year started with the shock resignation of Catherine Dixon as the Law Society’s Chief Executive. She went down in a blaze of glory criticising the Law Society as “moribund, [...]

By Lisa Charles Like many others, I spent Halloween at the annual Compliance Conference 2017. This was the 5th compliance conference and was well attended with 1400 registered for the event and [...]