Specialism: Legal Compliance

Tax Due in July: Ensuring Financial Stability for UK Law Firms

As the summer approaches, law firm owners in the UK find themselves facing an important financial milestone—tax due in July. Amidst the complexities of running a successful law practice, managing tax obligations can be a daunting task. With the aim of providing valuable insights and assistance, this article, written from the perspective of The Practice Loan Company, a trusted partner specialising in unsecured business funding options for UK law firms, seeks to guide law firm owners through the intricacies of tax planning and highlight the importance of maintaining financial stability.

NetDocuments & P4W

Until recently, if you were using P4W and wanted your firm to implement the NetDocuments solution, it meant the introduction of an application that was stand-alone and outside the controlled environment for document production that you’ve worked so hard to establish.

Now Accesspoint have created a seamless workflow between P4W and the NetDocuments platform to provide a ‘single version of the truth’.

Database Cleansing: 5 Reasons to Clean Your CRM Data

The impact that dirty data has on businesses is staggering. Luckily, you can clean up your CRM by contracting a professional for help. This will make your business more agile and responsive. It will also help you cut down on unnecessary costs.

SCV offers data clean up services to ensure that your records are error free and up to date. For more information, please email me at brett@scvbespoke.co.uk or call me on 07480 990 290. Alternatively, contact me by filling this form.

WILKIN CHAPMAN: Cost effective, customised skills and compliance training to make best use of time

Wilkin Chapman LLP is the largest law firm in Lincolnshire & East Yorkshire with over 400 people located across offices in Grimsby, Lincoln, Louth, Horncastle, Beverley and Doncaster. Experts in business and personal law, Wilkin Chapman provides trusted legal and insolvency advice to clients based locally, nationally and internationally.

5 Tips to Help Your Law Firm with Anti Money Laundering

Anti-money laundering for law firms has always been a concern, what is “enough” information on a client to determine they’re legitimate, and their money is legal? But over the past few years there has been a growing concern within the industry as a whole, specifically pushed by the SRA and Law Society that enough simply isn’t being done. Take for example the story of Mishcon de Reya being fined for AML compliance breaches. They were smacked with a fine of £232,500 which highlights the reinvigorated push for better AML compliance and AML checks within law firms.

With the need for more stringent anti-money laundering checks in the legal sector, we have put together a list of some top tips on how to help you combat money-laundering.

Is Alpha Legal the *fastest* as well as the most secure way to collect and verify ID? Take 3 minutes to read this and decide for yourself

We’ve been analysing the time being taken by clients to complete their ID document requests within Alpha Legal. We’re regularly seeing start-to-finish times of 3 minutes now.  That’s literally 3 minutes for the user to Compare that to the physical process of visiting you in your office, bringing their paperwork in, having you photocopy or scan it and then you […]

Learn How to Protect Yourself from Ransomware with These Cybersecurity Essentials

From the attack on Hackney council to the Kaseya attack that demanded $70 Million USD, ransomware is posing more of a threat than ever. Especially thanks to COVID-19. For those who are unfamiliar, ransomware is a type of malware that is stealthily installed on an unsuspecting user’s P.C to extract money from their organisation. Before we go into how to […]

Find new clients on virtual law platform Lawyer 365

Law firms are constantly seeking new ways to stay ahead of the competition and market their legal services. Like all businesses, law firms need to be marketing themselves to attract new potential clients and must consistently engage with prospects at every point in the customer journey to succeed. In the digital age, where attention is […]

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