Risk & Compliance

Services available

In the ever-changing regulatory climate, law firms and ABS’s need to be aware of new and changing laws, requirements and organisational risk. The aim must be to create a culture of proactive compliance and risk management – but this is no simple task.

 

For the last 17 years I have trained and worked in law, but my services for clients now are about practical realities, rather than legal nuances. As a former assistant to the Head of Risk Management and Compliance at a well-regarded City firm, I have worked with a range of clients to bring strategic direction and commercial focus to achieve clients’ goals.

Some examples of our work:

  • Advising a global firm on its new business intake systems and approach
  • Advising a Top 30 UK firm on its approach to SRA compliance
  • Auditing a Top 30 UK firm on their file management and general SRA compliance
  • Assisting with the launches of offices for US firms in the UK and in other jurisdictions

Our range of services include:

  • Designing strategic risk, regulation and compliance frameworks
  • Advising and supporting COLPs on their day to day duties
  • Drafting policies, procedures and processes
  • Implementing the aforementioned
  • Implementing new business intake systems
  • Undertaking client due diligence
  • Conflict checking and advising on conflicts of interest, establishing Chinese walls etc.
  • Gap analysis or ‘health checks’ to identify gaps in compliance
  • Development and implementation of a compliance risk register
  • Advising and preparing self-reporting breaches to the SRA
  • Providing training and updates on areas of relevance e.g. anti-money laundering, anti-bribery and corruption
  • Undertaking compliance audits and reviews on internal client / matter files and providing constructive feedback on findings