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The Importance of File Audits In the ever-evolving landscape of legal practice, maintaining compliance with SRA regulations and ensuring best practices is paramount. For regulated solicitors in England & Wales, regular file reviews are an indispensable tool for the effective management and operation of a law firm. In this article we delve into why file […]

Rule 8.1 of the Solicitor’s Code (with an equivalent provision in 7.1 of the Firm’s Code) states that: ‘You identify who you are acting for in relation to any matter’ In an increasingly complex legal environment, it is imperative that solicitors exercise the highest level of diligence when onboarding new clients. The recent warning from

Safeguarding Sensitive Client Data In the era of digital transactions and communications, cybersecurity has become paramount for law firms across England and Wales. As guardians of highly sensitive information, solicitors face an ever-growing threat landscape. Understanding the implications of the Solicitors Regulation Authority (SRA) regulations on cybersecurity measures is not just a compliance requirement; it’s

Artificial Intelligence (AI) is increasingly being integrated into various aspects of legal practice, from document review to predictive analytics. AI has the potential to deliver efficiency gains but at what cost? Solicitors must be cautious of the potential risks associated with its use. Key concerns such as bias, inaccuracies, privacy & confidentiality risks and the

The Solicitors Regulation Authority (SRA) is obsessed with money laundering! It has further increased its Anti-Money Laundering (AML) enforcements, leading to a huge increase in both the frequency and size of fines levied against non-compliant firms. Ignoring AML compliance can lead to severe penalties, reputational damage, and operational disruptions that could haunt your firm for