Legal Risk are practising solicitors who offer practical, innovative and effective professional indemnity, risk management and compliance advice to law firms and professional practices:

• manage risk
• be compliant
• control your professional indemnity costs
• protect your reputation

"Risk Management is a culture not an event"

Recommended in the Legal 500 2007 edition for defendant professional indemnity - with particular expertise in professional indemnity insurance, risk management and money laundering compliance.


Definition of operational risk: "The risk of loss resulting from inadequate or failed internal processes, people and systems or from external events." (Basel Committee on Banking Supervision).

WHAT'S NEW ...

RISK UPDATE - March 2008 newsletter 

TOP 100 Professional Indemnity Survey 2008 - The fifth annual survey of UK Top 100 firms >

Updated Law Society Practice Note on ANTI-MONEY LAUNDERING >
For a fixed price compliance package or other assistance email us

CODE OF CONDUCT 2007 - Are you compliant? 
For assistance with compliance, audit and training tailored to your firm email us

REFERRAL FEES: SRA clampdown 
SRA policy review issued >
Warning card issued by SRA >
Referral fees fixed price health check >

Money Laundering 
• Law Society Mortgage Fraud Practice Note issued>
• Law Society Practice Note updated >

Other Publications
• Risk Management in the Legal Profession 2nd edition >
• Short Guide to the Minimum Terms and Conditions 2007 >

Other News 
• The Solicitors (Disciplinary Proceedings) Rules 2007 >
• IBA Best Practice Guidelines >
• Code of Conduct: R v Ulcay >
• New articles:   
  -  Protecting Partner Assets>