Features and Opinion
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Cyber insurance and the legal profession
As cyber fraud becomes increasingly prevalent, it’s vital that all firms take the necessary steps to protect themselves. Piers Winton, director at Paragon International Insurance Brokers, explains what action you should take
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For the record
Continuing competence is essential to providing high-quality legal services and maintaining public trust in the profession. Fiona Anthony shares the steps you can take to ensure you are satisfying the SRA’s requirement
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The powers that be
Automatic fines and fixed penalties for non-compliance are about to become the norm. Paul Bennett outlines the Solicitors Regulation Authority’s enforcement policy, and considers what it will mean in terms of risk management
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Running for cover
Jenny Screech provides an update on the current position for professional indemnity insurance ahead of this year’s renewal seasons
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Cyberattacks: Protecting your firm’s data
Following the recent cyberattacks at CTS, Lindsay Hill, CEO of Law Society partner Mitigo, asks how to protect your firm’s data when using a managed service provider
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Mind over matter
Kerry Slater reflects on the impact changes to SRA guidance will have on resilience, psychological safety, and the wellbeing of legal professionals
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Regulating behaviour
Jessica Clay and Lucinda Soon summarise how the SRA can regulate solicitors’ behaviour in and out of the workplace, and analyse in what circumstances they will choose to take action
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Freelance solicitors – new risk protections
With many solicitors now taking the freelance route to practice, Travelers Europe have developed an insurance product to mitigate their risk. Here, they outline how it works.
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Time change
Changes to the Legal Ombudsman Scheme Rules came into effect on 1 April 2023. Paul Wightman outlines what to expect
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Preventative measures
Paul Bennett asks if the regulator and law firms do enough to prevent rule breaches?
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Economic crime scene
Jennifer Harper provides an update on the Economic Crime and Corporate Transparency Bill, part of the government’s strategy to tackle economic crime and improve transparency over corporate entities
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Play by the rules
With the SRA getting tougher on price transparency requirements, Deborah Witkiss, COO at Law Society partner Insight Legal, presents a rundown of what the rules mean, how to apply them in practice and where software can help with compliance
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Performance indicators
Peter Scott considers law firm performance measures in light of the SRA’s recent thematic review on workplace culture
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A fine thing?
Robert Forman outlines the SRA’s recently increased fining powers, and the extension of the fines it can issue to regulated solicitors
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Winds of change
Rebecca Atkinson outlines some recent regulatory changes that firm leaders should be getting to grips with in 2022
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Closing the gap
Bola Gibson and Victoria Parry examine the benefits of pay gap reporting, and how to get the most out of the exercise to make a real difference in your firm
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Making it personal
Frank Maher examines the growing trend of personal guarantees in the professional indemnity insurance market, and what this means for firms
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Time to reset
Rupert Scrase explains what small and mid-size law firms must consider when restructuring staff or making redundancies
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In the know
Paul Bennett outlines what firm leaders should be aware of when it comes to SRA expectations of staff conduct, both in and out of the workplace
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Keeping up appearances
Victoria Moffatt examines the links between compliance and brand, outlining how firms can mitigate reputational issues with a positive compliance culture