Birmingham
As the impact of the Legal Services Act continues to be felt across the legal landscape, it is more important than ever for law firms and chambers to recognise the challenges and prepare for the future.
- Alternative business structures
- Increasing competition
- Financing growth
- Effective use of I.T.
Come and join us at IRIS Legal World to learn more about these critical issues and how you and your firm can leverage existing investments and plan any new investments accordingly.
What to expect
The agenda will include key note speaker sessions – which will take place in the morning of both days – key note speakers include Professor Stephen Mayson, Doug Hargrove (MD of IRIS), Charles Christian and David Gilroy (Conscious Solutions) and Geoff Burch (motivational speaker) the emphasis of these sessions will be on tackling some key issues which will help law firms compete more effectively in the face of the changes that are taking place in the legal marketplace
Doug Hargrove’s session will give delegates an update on the IRIS strategy and the product investment road map
The afternoon sessions on both days will be streamed break out / seminar sessions from which delegates will be able to select which ones to attend. The emphasis in these sessions will be on learning, in particular learning how they can get more out of the investment they have made in their IRIS product and we will run sessions which cover our entire product portfolio. We will also cover some key topics of current interest such as mobility and time recording on the move, cloud computing, reporting and KPI’s, cash flow, legal aid update and we will have an update from Microsoft on what the future holds
We will also have product demo clinics which will be open throughout the event and will enable IRIS users to get one to one product assistance and advice directly from our product experts
Additional Information
£395+vat: Standard 2-day delegate rate
£310+vat: Discounted rate for small firms (1 to 10 users)
Early bird booking discounts apply to both until the end of January – also discounted rate for additional delegates.
Costs include lunch and all refreshments for both days, dinner, overnight accommodation and breakfast on one night, access to the key note sessions, seminar sessions, exhibitions area and product demo clinics, delegate packs
The briefing is aimed at senior practice representatives from Birmingham based law firms and e-know.net is delighted to announce that Chris Cann, Solicitor and Consultant to Martin Kaye Solicitors LLP will be leading the event with his take on managed services within law firms. As an early adopter of managed services, Mr Cann has a great deal of first hand experience to draw on as he discusses how this approach to IT has supported Martin Kaye in its journey to success.
This course focuses on the main provisions of the SRA Accounts Rules, contained within the new SRA Handbook, governing how solicitors handle clients' money, and is primarily aimed at those working in private practice. Although assuming no prior knowledge, delegates attending this course will quickly build a sound understanding of the SRA Accounts Rules by looking at the most common compliance issues that occur in practice and the pitfalls to be avoided including problem areas such as the treatment of residual balances on client ledger accounts.
What to expect
Topics to be Covered
Delegates attending this course will benefit from Richard Lane's expert knowledge and experience in the following areas:
- Why do we need the SRA Accounts Rules?
- The Accounting Requirements
- SRA guidelines for accounting systems & procedures
- Definition of clients' and office money
- Examples of clients' money
- What is a client bank account?
- The proper treatment of costs & disbursements
- Withdrawals from client account
- Transferring costs and disbursements
- Method of withdrawals from client account
- Accounting for legal aid
- Clients' money interest rules
- Accountant's Reports & waivers
- Monitoring & enforcement by the SRA
This course focuses on the main provisions of the SRA Accounts Rules, contained within the new SRA Handbook, governing how solicitors handle clients' money, and is primarily aimed at those working in private practice. Although assuming no prior knowledge, delegates attending this course will quickly build a sound understanding of the SRA Accounts Rules by looking at the most common compliance issues that occur in practice and the pitfalls to be avoided including problem areas such as the treatment of residual balances on client ledger accounts.
What to expect
Topics to be Covered
Delegates attending this course will benefit from Richard Lane's expert knowledge and experience in the following areas:
- Why do we need the SRA Accounts Rules?
- The Accounting Requirements
- SRA guidelines for accounting systems & procedures
- Definition of clients' and office money
- Examples of clients' money
- What is a client bank account?
- The proper treatment of costs & disbursements
- Withdrawals from client account
- Transferring costs and disbursements
- Method of withdrawals from client account
- Accounting for legal aid
- Clients' money interest rules
- Accountant's Reports & waivers
- Monitoring & enforcement by the SRA
This course examines the key provisions of the Terrorism Act 2000, Proceeds of Crime Act 2002 and the Money Laundering Regulations 2007 as they affect solicitors in private practice. Detailed consideration of The Law Society's Anti-Money Laundering Practice Note ensures that delegates attending the course will be aware of what is considered to be best practice in this important area.
What to expect
Topics to be Covered
The Money Laundering Process
- Brief history of money laundering
- The definition of money laundering
- The money laundering process
- Practical examples within a legal firm
Outline of the Legal Framework
- Financial Action Task Force
- European Directives
- Proceeds of Crime Act 2002
- Terrorism Act 2000
- Money Laundering Regulations 2007
Money Laundering/Terrorism Offences
- Proceeds of Crime Act 2002
- Terrorism Act 2000
Money Laundering Regulations 2007
- Services to which they apply
- Extent of customer due diligence requirements
- Practical application of due diligence requirements
- Requirements relating to beneficial owners
- Timing of due diligence
- Renewing due diligence
- Ongoing monitoring requirements
The Role of SOCA
- Suspicious Activity Reports (SAR's)
- Seeking Consent
Enforcement
- Role of the SRA
- Powers under the Money Laundering Regulations 2007
This course has been tailored to meet the needs of accountants involved in the audit of firms of solicitors under the SRA Accounts Rules (formerly the Solicitors' Accounts Rules 1998).
Delegates attending this course will benefit from Richard Lane's expert knowledge and experience of this important topic.
What to expect
Topics to be Covered
The Role of the SRA
- The new regulatory regime
- SRA Inspection Visits under Rule 31
The SRA Accounts Rules: Parts 1 to 4
- Why do we need the SRA Accounts Rules?
- The Accounting Requirements
- SRA guidelines for accounting systems & procedures
- Definition of clients' and office money
- Examples of clients' money
- What is a client bank account?
- The proper treatment of costs & disbursements
- Withdrawals from Client Account
- Transferring costs and disbursements
- Method of withdrawals from client account
- Accounting for legal aid
- Clients' money interest rules
High Risk and Problem Areas
- Understanding risk in a solicitor's firm
- Identifying problems
The Role of the Reporting Accountant under the SRA Accounts Rules: Part 6
- Duty of care
- Administrative issues
- Test procedures
- Completing the Accountant's Report Form
Open Forum
The introduction of the new SRA Handbook on 6 October 2011 has brought about a number of important changes in the way in which the Solicitors Regulation Authority (SRA) regulates firms of solicitors within the legal profession. From 2012, firms of all sizes must appoint a Compliance Officer for Finance and Administration (COFA) who will have special responsibilities for ensuring compliance with the SRA Accounts Rules (formerly the Solicitors Accounts Rules 1998) and for reporting directly to the SRA any breaches of the SRA Accounts Rules which take place.
What to expect
Topics to be Covered
Introduction
- Who should be appointed as COFA?
- Timescale for appointment
- An overview of the role
Reporting Responsibilities
- The COFA's obligations under the SRA Handbook
- What needs to be reported to the SRA?
- The method of reporting breaches to the SRA
The New Approach to Regulation by the SRA
- Outcomes focused regulation
- Supervision under OFR
SRA Accounts Rules
- An overview of the rules
- Common problem areas
- High risk areas
- Warning signs
Accounting Systems & Controls
- Best practice guidance
- A risk based approach
- Recording breaches
Open Forum
- A chance to ask questions and seek advice on specific issues
The Law Society is running a series of free Money Laundering Reporting Officer (MLRO) regional networking groups, in association with 192business and Accuity.
The groups are for MLROs in law practices, their deputies and senior compliance staff. They are designed to facilitate discussions between local law practices about the challenges of anti-money laundering AML compliance and to enable the sharing of good practice.
The events are free and qualify for 2 hours CPD. Please note that numbers are limited to two people per firm.
LSN networking events have no set agenda. They exist to help you share information with people like you in law firms.
We recognise that whatever role you fill in a law firm, you all face similar challenges on a day to day basis within your firms, particularly now as we stare the LSA reforms and ABSs in the eye.
LSN Networking Events provide a unique opportunity for you to gather under one roof and share these experiences with others and, as a result, find opportunities to build solutions on this common ground - in an informal and social environment.
What to expect
Our networking events are FREE to attend if you work in a law firm or solicitors practice. If you fall outside this circle, call us on 0870 112 5058.
The format is very informal and starts at 6pm when refreshments will be made available to delegates.
We help you to get the most from our events in a variety of ways:
Networking Assistance Scheme
Before the event we ask registered attendees to send us their Networking Assistance Scheme questions. This means you can suggest topics of interest that you would like to discuss, then we will circulate these subjects among those attending prior to the event and try to find you a 'match' who can answer your question.
Introductions
Tell us prior to the event who you'd like to meet and we will aim to make an introduction on the evening.
Click here to see a video of our last networking event
Who will benefit
You can expect to meet any of the following professionals on the day:
Finance/Accounts
- CFOs/Directors of Finance
- Financial Controllers/Managers
- Credit/Revenue Managers
- Accountants & Analysts
- Finance/Accounts Managers
- Revenue Controllers
- Legal Cashiers
IT/Systems
- IT Directors
- IT Managers
- Finance Systems Managers
- Network Managers
- IT Technicians
- Project Managers
HR/Personnel
- HR/Personnel Directors
- HR Managers
- HR Advisors
- Recruitment Managers
Marketing/Business Development
- Marketing/BD Directors
- Marketing/BD Managers
- Client Relationship Managers
- Marketing Execs
Knowledge Management
- KM Directors
- KM Managers
- Library and Information Services Managers
- Professional Support Lawyers
Risk Management and Compliance
- Risk Directors
- Risk Managers
- Quality Managers
- Compliance Directors
- Compliance Managers
Other areas
- COOs
- CEOs
- Practice Directors
- Partnership Secretarys
- Heads of Facilities
- Office Managers
- Law Costs Draftsmen
- Legal Costs Managers
…and many others besides. There are no restrictions on attendance from people who work in law firms - we welcome anyone and everyone but you must be employed by a law firm.
Additional Information
If you've never been to an LSN networking event before and would like to know more about the lunch before registering, feel free to give Sarah a call on 0870 112 5058 or email her at sarahc@legalsupportnetwork.co.uk - she'll be happy to help.
Don't work in a law firm but would like to attend?
We often receive enquiries from vendors, suppliers and professional service providers who would be interested in attending. It should be noted that our networking events are provided purely for the purpose of professional networking and not designed to offer a platform for selling products or services. Please contact David or Sarah for more information on 0870 112 5058
Is your company at risk? The responsibility for assessing and mitigating risks, whether financial or operational, lies with you.
We’re holding a series of 6 nationwide events between November and January in association with renowned Quality Management Consultant, Adèle Warchester.
These sessions will provide practical advice on how to safely and efficiently run your practice.
The Background