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.
MLex: Microsoft has been approved to support the European Commission in its defense of a trans-Atlantic data transfer agreement at the EU's highest...
The Equality and Human Rights Commission (EHRC) has published new commissioned research on workplace harassment, cautioning employers against purely...
Law360, London: Lawyers will face fresh 'fit and proper' tests when the Financial Conduct Authority (FCA) takes over control of anti-money laundering...
This week's edition of Practice Compliance weekly highlights includes the latest sanctions developments, including OFSI’s largest Russia sanctions...
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
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
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
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
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