We provide advice and support on regulatory processes and complaints, rules and ethics, professional indemnity insurance, and education and training. We also represent the views of our members in our consultation responses to help shape the regulatory regime in England and Wales.
With more than US $3 billion being raised by way of Initial Coin Offering (ICO) in 2017 and the price of Bitcoin breaking through the US $19,000 mark (and dramatically falling again), interest in ICOs and cryptocurrencies is at an all-time high.
Today, company directors need to understand that the law requires them to ensure that their company is required to police itself for good corporate governance. The days have long gone when directors could say that their singular role in life was to maximise company profits, without considering the wider implications of its actions.
The GDPR (General Data Protection Regulation) is a buzzword in the legal sector at the moment, and you may well be sick of hearing about it – but that doesn’t make it less important an issue for firms to address.
Cloud computing is increasingly ubiquitous, even in law firms, despite the view that the legal profession has a reputation for being slow to adapt. It is particularly popular among small firms and sole practitioners.
Solicitors' professional indemnity insurance (PII) is one of the top three overheads for most law firms. We've put together this guide with some tips on how to prepare for your renewal to give you the confidence that you have got the best terms for your business.
If you're not a Compliance Officer for Legal Practice (COLP), you might ask what a risk register is, and if you are a COLP, you should definitely have one.
One day in February, Graham Murphy found himself on a train next to two solicitors. As they opened their laptops and began to talk about the details of a £100m transaction, he pricked up his ears and began to think about what a fraudster or cybercriminal might make of all this. And then they went to the buffet…
In a recent survey of IT decision makers 25 per cent of respondents had cancelled preparations for the GDPR and 44 per cent thought GDPR won’t apply to UK businesses after the UK has left the EU. Anna Drozd explains why law firms need to comply.
Other advice, products and services from the Law Society:
Our Regulatory Affairs Board advises on our Council and oversees the implementation of policy for the promotion of solicitors' interests in all regulatory matters.
A summary digest of key recent news and meetings relating to the SRA, LSB and LeO.
Book the Junior Lawyers Division annual conference and ball, taking place on Saturday 28 April at the Law Society, London