Compliance for General Counsel - What Should Be on Your Agenda? - Webinar

Introduction

Larger law firms face a more complex compliance challenge than smaller firms, due to their size, due to deeper and more complex specialisms and the less developed practical knowledge about the evolving regulatory framework of bigger teams in practice.

Presented by compliance expert Paul Bennett, this practical webinar is designed to help General Counsel at larger law firms embed best practice and to learn from the mistakes of others. It will focus on taking the lessons from caselaw and SRA investigations and using that material it will assist you in creating a compliance to-do list.

What You Will Learn

This webinar will cover the following:

• Compliance - what should be on your agenda now as a larger law firm?
• What work should you be keeping in house as General Counsel and what should you leave to insurers and external providers and why?
• Managing risks through training - what are other firms doing and why?
• What trends are we seeing in the market?
• Managing difficult partners and planning for their exit
• High risk practice areas - how to manage the risks arising from these
• Provision of a banking facility - what the caselaw tells us is misunderstood in larger firms regarding Rule 3.3 of the Solicitors Accounts Rules
• Financial crime and the SRA agenda - unlimited fines and your firm’s turnover
• Law firm merger risks and how to respond to the emerging risks
• Conflicts of interest and why larger law firms need to address their own interest conflict risk
• The risks associated with artificial intelligence and technology