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Focus on assigned risks pool forces SRA to cut down other monitoring visits
Monday, 15 November 2010The focus on law firms in the assigned risks pool has led to a significant fall in the number of other monitoring visits conducted by the Solicitors Regulation Authority (SRA), Legal Futures can report. The SRA says the move is an example of its shift towards risk-based regulation.
Tags: ARP, assigned risks pool, monitoring, practice standards unit, Solicitors Regulation Authority, SRA
Posted in News, Solicitors
Blog
AML isn’t just a risk issue – it’s about client experience too
Something that gets forgotten among all this noise is the impact onerous AML rules have on client experience. It’s a source of friction and it reduces trust and confidence.
Breaking down barriers between fee-earners and finance teams
Many law firms grapple with a divide between fee-earners and finance teams, which can create friction that risks undermining regulatory requirements, profitability and client service.
Agentic AI and the importance of knowledge management for law firms
AI is the go-to capability to drive higher productivity for organisations. Those that are not yet implementing it may find themselves being left behind in the race for both talent and clients.
