Practical advice on growing your law firm, from Travelers and other expert suppliers to law firms. Watch this new site grow.

Key legal market trends. How to position and promote your law firm, practical partnership issues to take into account

How to approach winning new clients, making the most of existing relationships, encouraging referrals and generating new leads

How to approach creating a law firm website that works, from agreeing your objectives to making sure you get the results you want

Why lawyers need to know about social media, how to make the most of the opportunities and how to avoid potential pitfalls

PR

How to use PR to build your firm’s reputation: working with the media and getting involved with the communities that matter to you 

How traditional and online advertising can work for your law firm, and how to create cost-effective advertising that delivers results

This is a new section and only covers GDPR at the moment. More articles will follow.

This is a new section with seven articles at the moment. (Topics like finance and HR will have their own sections once we publish more articles on them.)

Compliance

Over recent years, compliance and risk management has been an increasingly prominent and ever-evolving issue for law firms.

Under SRA rules, you must have a compliance officer for legal practice (COLP) and a compliance officer for finance and administration (COFA). But it's important for the partnership to recognise that compliance is not something that can just be delegated to the COLP and COFA. The aim must be to create a culture of compliance throughout the firm.

Financial compliance requires a similar approach – not just in terms of protecting client assets but also the requirements of HMRC and Companies House. While day-to-day tasks may be delegated to the finance team and accountants, the firm's partnership (or directors) retain ultimate responsibility.

A useful starting point is to involve people across the firm in identifying the risks the firm faces and the best approach to mitigating them. Particular areas of concern may include data protection and GDPR, regulations around money laundering and bribery, the ever-present threats of cybercrime and the potential challenges of Brexit.

Over the coming months, we'll be adding expert views on the key compliance issues you need to be aware of. We hope you find the site useful – join us on Twitter to keep up to date as new content is added.

OUR EXPERTS

Charles Attwell
Risk management consultant
Travelers
James Boyle
Associate
Taylor Vinters
Orlagh Kelly
Barrister, trainer, consultant
Briefed
Olivia Sinfield
Associate director
Osborne Clarke

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