Risk Update for Lawyers – September 2024

Risk Update for Lawyers – September 2024

This is the first Risk Update since we joined Keystone Law.? We aim to continue the tradition set by Legal Risk over the past 21 years of providing succinct news and views bimonthly, primarily for law firm risk and compliance teams, and particularly for firms authorised by the Solicitors Regulation Authority (SRA).? However some of the topics may be relevant to other sectors

This edition covers -

  • Professional indemnity insurance
  • Anti-money laundering (AML) and sanctions
  • Data protection
  • Artificial Intelligence (AI)
  • SRA Accounts Rules – banking facility

To subscribe, email me at [email protected].


Sarah Mumford

Experienced risk lawyer. Available for AML audits and one off risk & compliance advice for law firms

5 个月

Phew. It's back!

Amit Sharma

High Speed Solicitor acting for u/hnw clients who value their time and want 100% attention on their prime deals, IG @bettercallsolve

5 个月

Insightful as ever, I wonder whether firms have to seek guarantors for their professional fees in the aml situation mentioned. Gone are the days of suitcases and black bags with cash. I honestly feel that the banks are getting off relatively lightly if the transactional burden falls on us. The money in the system has to mean the gatekeepers have failed…..

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