If nothing else, the pandemic has showed the value of good financial awareness and the value of cash in the bank. I think the economic outflow of the pandemic is still to hit us. Those businesses with a strong cash basis and good awareness of their finances will be in a stronger position to take […]
The SRA is running rolling programme of checks on all law firm websites to make sure you are complying with our transparency rules. They will be checking all law firm sites, including those of firms who have previously filled in a self-declaration stating that they are fully compliant. Embarrassing if you have said it is […]
The current thinking is that Legal Aid tenders will become available this autumn (2021). If you want to tender you will need to have the SQM or Lexcel quality mark. SQM is likely to take at least 3 months to obtain and Lexcel 4. Time to get moving. Give us a shout if you would […]
SQE Registration & Bookings Before someone can sit an SQE assessment, you will need to create your SQE account. Registration is now open, and you’ll need to follow these steps: go to the SQE assessment website to sign up: https://sqe.sra.org.uk/email-verification verify your photo ID complete a diversity survey tell them about any exemptions (qualified lawyers […]
9th July 2021 the UK government released 2 new Practice Directions for the process for the appointment of Official Solicitor as litigation friend for: a) someone lacking capacity to conduct personal welfare proceedings and b) for the person concerned for property and financial affairs proceedings in the Court of Protection a) Welfare This contains information […]
I don't know what's going on, but over the last couple of months we've been contacted out of the blue by 3 solicitors firms asking us to carry out a stress test on their compliance - so they are prepared should the SRA want to visit. No advertising. Fortunately we can cover all bases: AML, […]
Ingemar was recently interviewed for this radio show in which the presenter, Adrian Pryce, has a brief chat with various people in business. Here's a link to the podcast in case of interest. It's about 15 mins long. For further info contact Ingemar on: [email protected] or 07887 524507
Absolutely delighted to learn yesterday that one of our clients has completed and obtained the ISAME accreditation. This is based upon advice we gave several months ago and then through assistance we gave. It is actually a medico-legal firm. IASME stands for “Information Assurance for Small and Medium Enterprises". It is the highest level of cyber-security […]
An Independent AML Audit for your firm is required by Regulation 21 of The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Did you know this? The SRA reviewed 74 solicitors’ firms between September 2019 to October 2020 and found that only about 20% had ever conducted an AML […]
Delighted to be able to announce that we've had our 1st client's QWE approved by the SRA - possibly the first anywhere. I've developed a service as an External Confirming Solicitor to help those Aspiring Solicitors who do not have a solicitor in their organisation to confirm the QWE. Here's a link to the service: […]
