Stay ahead of potential pitfalls with our comprehensive resources dedicated to Risk management in legal practice. Our expertly curated guidance highlights best practices, regulatory updates, and innovative strategies to mitigate risk and safeguard your practice. Equip yourself with the tools to identify, assess, and address risks efficiently, ensuring robust compliance and protecting your firm's reputation.
Spotlight on Corruption has published its submission to the Home Office's consultation on economic crime information sharing, which closed in May...
This week's edition of Practice Compliance weekly highlights includes the FCA’s findings from its review of firms’ sanctions systems and controls, the...
The Serious Fraud Office (SFO) has warned that companies which fail to self–report suspected economic crime face an increased risk of enforcement...
Law360, Expert Analysis: In March 2026, the government published its Fraud Strategy 2026–29, setting out a three-year plan to tackle the most commonly...
What is a solicitor's undertaking?An undertaking is a commitment by a solicitor to do something. It can be enforced against the solicitor by the...
In what circumstances might a solicitor be able to contact another lawyer's client directly?The current SRA Standards and Regulations (STaR) are...
SRA Code of Conduct for individuals and firmsThis Practice Note provides guidance on the SRA Codes of Conduct, contained in the SRA Standards and...
Acting for yourself, friends and familyThis Practice Note covers considerations where a law firm wishes to act for one of its own partners or...
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
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin
0330 161 1234