Counting the cost in 2014: what is the true cost of poor risk management in law firms?

Print This Post

12 February 2015


Lawyer Checker2002014 is well and truly behind us now as 2015 is moving apace. It’s an election year and lots of changes afoot in the conveyancing industry, but one thing remains a constant – the threat of the bogus lawyer and criminal led ‘firm’.

As the Lawyer Checker infographic shows; 2014 saw a huge rise in criminal activity. Firm’s good names were hijacked and staff infiltrated. There does not seem to have been any change in 2015 with more and more firms targeted with high profile law names being beleaguered daily and weekly.

Bogus firms, email hijacking, band fraud and identity theft through cyber-crime continue to be very real threats as we race through 2015.

How do you protect client money and protect your firm and staff?

To view the infographic, please click here.



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Legal Futures Blog

How best to achieve independent regulation under the Legal Services Act?

Craig Wakeford LSB

Independent regulation gives confidence to consumers, providers, investors and society as a whole that legal services work in the public interest and support the rule of law. The Legal Services Act 2007 does not require all approved regulators to be structurally separate from representative bodies. Instead, the Legal Services Board is required by the Act to produce internal governance rules (IGR) which apply the principle of regulatory independence in legal service regulation. We are currently running a consultation on the IGR which continues until 9 February.

January 19th, 2018