Home / Practice Compliance / Risk / Risk management

Legal News

Client closeness to client capture—exploring lawyer-client relationships

Copyright © 2025 LexisNexis

Published on: 22 January 2016

Published by a LexisNexis Practice Compliance expert

Table of contents

How has the development of close relationships between large companies and law firms affected professional independence?
What are the risks inherent to such close relationships?
How can law firms guard against a lack of professional independence?
How have the legal regulators involved themselves in this aspect of legal work?
What predictions can you make for the future in terms of the relationship between law firms and major clients?

Article summary

Practice Compliance analysis: Are the increasingly close relationships between lawyers and corporate clients a cause for concern? The Solicitors Regulation Authority (SRA) commissioned a report in 2015 to understand the workings of the lawyer-client relationship in larger law firms. Its author, Steven Vaughan, senior lecturer and director of research at Birmingham Law School’s Centre for Professional Legal Education and Research (CEPLER), shares its findings, and urges lawyers to pay close attention to their professional obligations.

Popular documents

Risk management—key risks—law firms

Risk management—key risks—law firmsEffective risk management is fundamental to the commercial success of law firms. To manage risk effectively you must first identify the risks that could impact on your business. This Practice Note identifies some common risks facing law firms to help you formulate

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an