Risk and Compliance Service

In today's evolving legal environment, risk management will be a key differentiator between providers of legal services. In response to this, the Law Society has created an innovative Risk and Compliance Service, building on the successful delivery of our in-house client care and compliance consultancy service in 2009. This new service will help you:

• understand risk management and legal and statutory requirements
• develop a robust and coordinated approach to compliance

The service provides support and expertise through a comprehensive range of tools and information that can be tailored to your needs, enabling you to successfully address and respond to changes in regulatory, financial and client expectations.

Our service will help you demonstrate to the SRA, the Legal Ombudsman (LeO) and other key stakeholders that your firm is focussed on the following core areas:

• improving client care and complaints handling
• supervision
• risk management
• quality assurance
• the exercise of sound professional principles

The service will help you to assess your firm's appropriate response to regulatory requirements and supervision, based on the SRA's risk analysis of management systems and procedures.

Membership of the service will help you plan ahead, so that your firm is ready to respond proactively to the demands and uncertainties of operating within a fast evolving regulatory framework. To find out more about the benefits of membership please explore the menu options above.