All Risk and Compliance articles – Page 2
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FeatureBanking on it
Jonathon Bray considers why a solicitor’s client account cannot be used as a ‘banking facility’ – and how to stay safe
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FeatureCopyright and ESG: Ethical imperatives for compliance and responsibility
Colin Hulme, head of intellectual property (IP) at Burness Paull, considers the impact of environmental, social, and corporate governance (ESG) programmes on the observance of copyright by corporates
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FeatureSanctions – new prohibitions
Julie Norris and Alfie Cranmer provide an update on changes to sanctions affecting those providing legal advisory services in the UK
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FeatureAI – the data risks
With artificial intelligence much in the news lately, Robert Bond considers the data protection risks it presents to law firms
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FeatureQuality indicators – does your firm match up?
Jayne Willetts and Bronwen Still consider the key findings of a recent pilot scheme run by the legal regulators on improving quality indicators in the legal sector
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FeatureConsultancy matters
Lucy Trevelyan looks at the increasing popularity of the consultancy model of providing legal services
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FeatureRegulating 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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FeatureInsurance matters
The Building Safety Act 2022 has introduced new risks and the impact on the PI insurance market is still unknown. Piers Winton, director at Paragon International Insurance Brokers, looks at what’s in the Act and outlines the risks it poses for law firms
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FeatureDelaying tactics and clients - the risks
Jonathon Bray looks at some cases where inaction on client matters resulted in disciplinary action in the Solicitors Disciplinary Tribunal. He outlines how to avoid the risks.
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FeatureEconomic Crime Act – an update
Laura Williamson provides some top tips on dealing with property transactions where overseas entities are involved
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FeatureFair is fair: understanding the SRA ‘fair treatment’ rules
The Solicitors Regulation Authority (SRA) has introduced a new set of “fair treatment” rules into its Codes of Conduct. Ed Livingstone and Joe Cannon of Fox Williams outline what the changes mean and discuss the key steps all law firms should consider in response to the changes
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FeatureA question of privilege
Adam Sher considers the issue of privilege and its impact on SRA investigations
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FeatureIn confidence
Bronwen Still provides an overview of the regulatory requirements around confidentiality, and outlines some of the more common, and difficult, situations facing firms
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FeatureA change in time
Changes to the Legal Ombudsman Scheme Rules came into effect on 1 April 2023. Paul Wightman outlines what to expect
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FeatureDevelopments in AML
With the recent SRA announcement that law firms should expect an increase in AML burdens from the UK government, Julie Norris and Charlotte Judd consider some key updates
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FeatureDevelopments in AML
With the SRA announcement that firms in the legal sector should expect an increase to the onslaught of AML burdens from the UK government, Julie Norris and Charlotte Judd consider some key AML updates for legal practitioners and law firms