This section covers succession, specialisation, mergers, selling a law firm, becoming a partner, and business structure
How to set up your firm’s systems to provide the information that enables you to improve profitability and cashflow
How to avoid professional negligence claims, with examples of common problems and suggested solutions. Plus FAQs on PII
This is a new section and only covers SRA Accounts Rules and GDPR at the moment. Compliance for start-ups is covered in the Starting up section.
How to protect your law firm from cyber attacks. What steps to take if your systems are hacked
How to recruit and retain a team that is both happy and highly effective, dealing with the HR issues along the way
In marketing, like anything, you need to get the basics right. Otherwise the time and money you invest in marketing will be wasted
How to win new clients, make the most of existing relationships, encourage referrals and generate 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
How to use PR to build your firm’s reputation; and how to create cost-effective advertising – traditional and online – that delivers results
How to plan and execute the process of starting up a new legal practice that is compliant and financially healthy
Solicitors are expected to think ahead - to provide sound counsel and reliably anticipate risks. The same could be said of law firms themselves. A firm's success and good name depend on its ability to confidently prepare for the future.
Travelers can help in that effort. As one of the UK's leading solicitors' professional indemnity insurers, we have an expert team of underwriters, claims handlers and risk managers with experience in many areas of the legal sector. We help clients understand and manage their risks so they can deliver superior service and embrace new opportunities that will enrich their business.
The team consists of over 20 qualified solicitors, meaning we have first-hand knowledge of the profession and its changing legal and regulatory landscape. We understand that the legal sector can be exposed to potential claims that range from the professional advice that they give, right through to their property and liability exposures.
In addition to our solicitors' professional indemnity insurance, we have built a combined package of property, liability and business interruption cover, as well as access to our claims handling and risk management support.
Articles on Law Firm Ambition
Avoiding negligence claims in wills, trusts and probate law by Charles Attwell
Avoiding negligence claims in residential conveyancing by Paul Smith
Avoiding negligence claims in company and commercial law by Charles Attwell and Paul Smith
Avoiding negligence claims in commercial litigation by Charles Attwell and Paul Smith
Avoiding negligence claims in commercial property law by Paul Smith
Risks for lawyers podcast - introduction by Paul Smith
Advice risk in legal service delivery - Podcast 2 by Paul Smith
Dishonesty risk in legal service delivery - Podcast 3 by Paul Smith
Covid-19 and operational risk by Paul Smith
Professional indemnity insurance for law firms FAQs: Part one by three brokers
Professional indemnity insurance for law firms FAQs: Part two by three brokers
Content list Law Firm Ambition