Financial risk & stability

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Precedents
[To be typed on headed notepaper of employer][Date]Dear [insert name of employee],Re: [insert name of employer] (the Company)Following our most recent...
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9th Nov
Practice notes
This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
Precedents
1Introductions of those present if necessary. Confirm who is taking notes and that copies of the meeting notes will be made available to the...
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9th Nov
Practice notes
This Practice Note provides an overview of contract expiry and of the different causes of termination and ways to discharge a contract, including...
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9th Nov
Practice notes
While the primary remedy for contractual breach is that of damages (see Practice Note: Contractual damages—general principles and related content),...
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Produced in partnership with Zainab Hodgson of CMS 12th Jan
Practice notes
This Practice Note summarises the law, guidance and practice relating to the variation of contracts and deeds. It explains how a contract or deed can...
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9th Nov
Practice notes
This Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes to the...
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9th Nov
Practice notes
This Practice Note provides a high-level introduction to diversity and inclusion (D&I) and key reasons why it is important to law firms. Specific...
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Produced in partnership with Rachel Brushfield of EnergiseLegal 12th Jan

Most recent Financial risk & stability content

Practice notes
This Practice Note provides guidance on managing financial risk. It reflects the SRA Standards and Regulations 2019 and additional financial...
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Produced in partnership with DG Legal 26th Feb
Practice notes
This Practice Note looks at some of the most common causes of financial instability in law firms and suggests what needs to be done to ensure problems...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 15th Jan
Practice notes
This Practice Note provides guidance on why a law firm might need finance and the ways in which such finance might reasonably be obtained. It also...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Practice notes
This Practice Note provides an understanding of what might cause a law firm to fail and what the bank will be looking for if it is to continue to...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Precedents
Please click for an Excel version of this Precedent and an illustrative worked example....
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7th Dec
Precedents
Preparing a cash flow statement:Yes/NoDo not use accruals accounting in the cash flow forecastDo not include depreciation and other non-cash items in...
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7th Dec
Precedents
QuestionYes/NoHave you identified the amount of capital the business will need over the next five years?Have you a clear plan for controlling your...
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7th Dec

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