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Legal Risk : Risk Management Solicitors


Legal Risk : Risk Management Solicitors  

Services

We are practising solicitors who advise on:

Risk Management

•  Professional negligence claims prevention advice
•  Assessment of law firms’ risk exposures
•  Advising on, and implementing, risk management systems for lawyers
•  Contractual issues, including limiting liability
•  Protection of partner assets
•  Review and auditing of risk management systems
•  Cross border issues

Regulatory Compliance 

• Professional Conduct issues
• Avoiding and managing conflicts of interests
• Anti Money Laundering
• Disciplinary, including representation in tribunals

Partnership

•  Structuring firms, and drafting Agreements
•  Partnership dispute resolution
•  Risk management issues on creation, merger and dissolution
   Agreements

Professional Indemnity

• Defending claims
• Policy coverage issues
• Strategies for obtaining improved terms of cover
• Successor Practice issues

Training

• Risk management
• Anti-money laundering
• Professional conduct


Desktop logo
Desktop
is our unique, web-based diagnostic tool designed to help firms test their staff for money laundering compliance, risk management systems and procedures, and legal knowledge at an affordable cost.   Key benefits are:

  • questionnaire based system to save cost
  • tests all your fee earners and support stafff, not just an interview with department head
  • prepared by solicitors with years of professional indemnity experience
  • a clear, concise report that tells you what you need to fix with practical advice on fixing problems

View Desktop articles
- Law Society's Gazette >>
- Read how one firm benefited from Desktop >>

Download brochure or contact us for further details.

Recent Engagements

  • Transatlantic merger: advice on insurance issues 
  • Top 20 firm: creating information barrier system to deal with conflict issues
  • Multi-national law firm: project planning and implementation of major firm-wide risk management initiative to obtain ‘buy in’ at all levels
  • Law firm merger: advice on structuring the deal to minimise professional indemnity cost and risk of being a ‘successor practice’ under Law Society insurance rules 
  • Risk management consultant to a global insurer
  • Professional indemnity insurers: reports on difficult risks pre-renewal 
  • Major international firm: helpline for risk management partner and Money Laundering Reporting Officer 
  • Two top 50 firms: firm-wide anti-money laundering training 
  • Drafting of terms limiting liability for several top 50 law firms 
  • Overseas insurer: web-based risk management diagnostic programme for lawyers
  • Australian e-learning company: Compliance package for major law firms
  • Risk management report for major international insurance broker
  • Anti-money laundering compliance training for major national house-builder
  • Boutique commercial practice: saved half a million pounds on professional indemnity costs.