Why don’t most compliance programmes work in practice? Because the traditional theory on which they are based doesn’t take into account how people really behave. Barry Vitou looks at what we can learn from a more recent approach: nudge theory
Lucy Trevelyan looks at the professional indemnity insurance landscape for the years ahead. How can firms take advantage of a soft market and prepare for it hardening? What might proposed changes to minimum cover mean for the profession and clients?
Being served with a production order under the Proceeds of Crime Act 2002 can be a frightening experience. Paul Bennett explains how your firm can get prepared, and respond effectively and lawfully if you’re served
The changes to solicitors’ CPD, from an hours-based to a competency-based regime, are now well under way. Nicola Jones outlines the practicalities of compliance with the new system, and the benefits it can bring for firms and the legal sector
The SRA Code of Conduct obliges law firms to ensure their fees are transparent to their clients. Firms must not be seen to generate secret profits. Jason Mitchell looks at how to maintain compliance
These two-hour seminars will help Money Laundering Reporting Officers to build on introductory anti-money laundering training
The Solicitors Regulation Authority’s focus on financial stability is part of a wider change to the regulatory environment, and what compliance means in practice. George Bull explains how to assess your firm against the regulator’s risk indicators
Andrew Allen provides an overview of the changes to the SRA Accounts Rules, expected to come into force in April 2019. What are the challenges and opportunities, and what do firms need to do now to prepare?
The City of London’s Economic Crime Prevention Centre has provided advice for solicitors on tackling scams targeted at solicitors’ firms. The article discusses common types of scams and offers practical prevention advice.
Reducing consumer protection standards in legal services would hurt solicitors and clients alike, the Law Society has said in response to proposals to slash levels of mandatory professional indemnity insurance (PII) cover for solicitors.