Features and Opinion – Page 2
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The big five
Jo Morris outlines the changes brought in by the Fifth Anti-Money Laundering Directive, and what you need to do to ensure your firm is compliant
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Human interest
The new SRA Standards and Regulations have made significant changes relating to referral arrangements, and clarified the regulator’s core view: that all referral arrangements must be in the client’s best interest. Paul Bennett explains
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State of independence
The SRA introduces a new ‘freelance solicitor’ model next month, allowing solicitors to provide legal services on a freelance basis. But how will the model work in practice, and could it be for you? Marzena Lipman takes a closer look
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Free and easy?
What does the new ‘gig economy’ freelancer model mean for your firm? Why is this a management issue? Paul Bennett looks at some of the key challenges
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Be prepared
The new SRA Accounts Rules will come into force on 25 November 2019. Rosy Rourke of Armstrong Watson outlines the changes, and what law firms should be doing now to prepare
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Young voices
There have been a number of controversial recent cases at the Solicitors Disciplinary Tribunal involving junior lawyers pressured into making unethical decisions. Richard Burnham looks at how law firms can create an ethical culture and support millennials in making ethical decisions
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One year on
It’s been nearly a year since the General Data Protection Regulation came into force. Frank Maher discusses the lessons he has learned since then advising law firms on the legislation
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Blow-by-blow account
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?
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Shifting sands
PII is in flux. The market is hardening, free post-run-off cover is ceasing, regulatory changes will introduce classes of solicitor with less or no cover, and proposed changes could reduce minimum cover. Steve Ray and Jenny Screech round up the changes, and the likely effects
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The devil’s in the detail
Jonathon Bray provides a personal perspective on the SRA’s new rulebook, and the complexity it could create in the profession
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Crystal clear
From 6 December 2018, law firms undertaking a number of common areas of work will need to publish price- and service-related information on their websites. Sarah Brodie looks at what this could mean in practice
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Held to account
Amy Bell offers her top five tips for accounts staff to help in the fight against money laundering through client accounts
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Making ready
The Solicitors Regulation Authority has now submitted its proposed Handbook reforms to the Legal Services Board. Paul Bennett looks at the changes in the new versions, and what you need to do now to get prepared
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Ethical imperative
Paul Bennett looks at the ethical aspects of how law firms should manage misconduct, and why the 2019 regulatory changes will mean firms need to manage ethical risk in a new way
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A smaller piece of PII
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?
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The proposed PII reforms – who benefits?
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?
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Just the job
The GDPR is just four months away. Firms may already be prepared for major changes to how they handle client data, but do you know it also applies to data on your people? Andrew Kimble and Dan Fawcett provide a guide for managing partners and HR professionals
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Cracking the codes
The Solicitors Regulation Authority is set to introduce a new compliance regime, and the changes are the most significant since 2011. Paul Bennett outlines the proposals and their potential impact, to help you plan ahead
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Gift register
A risk register may seem like just another regulatory requirement, but an effective one can help you not only identify and mitigate risks, but also reduce your insurance premiums, build client loyalty, and reduce complaints. Pearl Moses explains.
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