The Solicitors Regulation Authority (SRA) wants to reduce the minimum levels of insurance cover that regulated firms must hold. The Law Society will be submitting our analysis of the proposals. But one of the questions we are left with is: who will benefit from these reforms?
What are the consequences and considerations if a key person, or fee earner, within your firm is unable to work? Do you have adequate protection in place to mitigate against the risks of this?
The Law Society’s Practice Advice Service looks at the circumstances under which you can refuse to provide a service and demonstrate that you have acted properly.
With accountancy firms moving into legal work, and unregulated legal advice on the rise, the competitive pressure on law firms is getting more intense. Could joining forces with independent financial advisers be the answer? Ian Muirhead presents his case.
Peter Todd, training partner at Hodge Jones & Allen LLP, explains why Clarity for Lawyers by Mark Adler and Daphne Perry, now in its 3rd edition, is a must-read for all lawyers.
The Law Society’s Practice Advice Service answers a question on forming off-site contracts via email.
A recent survey has revealed that over half of Britain’s SMEs are owed nearly £45 billion in late payments, placing severe strain on working capital. Steve Deutsch outlines some simple steps that small businesses - law firms included - can take now to bolster their balance sheets.
The Law Society’s Practice Advice Service shares information on charging fees for data access requests.
Steve Roberts looks at the top-level developments in November’s Budget for law firms.
The Law Society’s Practice Advice Service shares information on assessing potential cyber risks