Compliance Simplified: The 10 Areas You Need to Address

The problem with compliance is there’s just so much to comply with. Regulation is everywhere and the SRA doesn’t exactly make it simple - or the requirements easy to find. Most firms, from sole practitioners to those bursting at the seams with lawyers, can’t do it all at once. Best to find your firm’s compliance priorities and map out how to tackle each one in turn. If you don’t know where to ... Read more

Beat COLP and COFA confusion, ready for January 2013

From 1st January 2013 the COLP and COFA roles are set to go. As a sole practitioner, independent, or owner/lawyer of a smaller firm, you’re pretty likely to be facing up to one or both of these responsibilities – on your own. With the festive season set to come and go before you can say Compliance Officer for Legal Practice, are you clear on what these new jobs mean (besides having more letters ... Read more

Comply or Die: Video Interview with Allison Wooddisse

Compliance for Sole Practitioners, Independent Lawyers and Smaller Law Firms Allison Wooddisse, Head of Compliance at LexisNexis, brings her considerable experience to bear on the unique challenges that the requirement for COLP and COFA roles creates for sole practioners and owner lawyers of smaller firms. If COLP and COFA compliance is an issue for you or your firm, this video will highlight the ... Read more

Cost of Compliance is Forcing Law Firms to Close: Make Sure Yours Isn’t One Of Them

We’re not making this up. A Law Society survey produced in July 2011 found that 11% of small law firms expect to close or merge as a result of the cost of compliance. As all sole practitioners, independent Lawyers and smaller law firms know, it’s enough of a challenge to keep heads above water in such a difficult market. Let’s face it, the timing of the introduction of COLP and COFA couldn’t be ... Read more