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In the digital age information is easily accessed at the click of a button. Should learning and development for lawyers now focus on technology and business development?
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The ultimate role of the COFA (as set out in the SRA Authorisation Rules) is to ensure compliance with the SRA Accounts Rules 2011, and to record any failures of compliance. But the SRA’s Quick Guide to OFR implies that the COFA has a duty to report to the SRA when the practice is in serious financial difficulty. Yes, you guessed it: there is no definition of serious financial difficulty given.
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The very existence of the legal media specialist is testament to the changes in the sector in the last couple of decades. Today, in London, there’s a crowd of legal PR professionals. There’s constant chatter between law firms and the press, and the ones that take PR seriously reap the benefits. The case for the legal PR professional has been made and, for the most part, it’s been swallowed. But that’s not to say all is well in the world of legal PR...
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Adam Makepeace outlines why Tuckers is moving its IT into the cloud from the safety of his tier 4 bunker, based in an unknown location, deep underground...
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This is where we at LSN will post a message about every Christmas card we get, thanking the sender. Mmm, Christmas goodness
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COFAs need to get their own firms in shape before 1 January 2013 when the role comes into force, says Richard Hill.
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The SRA has again delayed the date on which its in-house watchdogs (COLP/COFA) come into force. It seems the SRA, despite some encouraging rhetoric, is still struggling to come to terms with licensing ABSs and getting to grips with its new powers. But while firms and compliance officers (COs) in waiting will undoubtedly be pointing the finger at the SRA, they may need to refrain from the blame game in their own firms to ensure the COFAs/COLPs carry out their roles productively.
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Adam Makepeace weighs up the effectiveness of the different ways that law firm management can communicate
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Is there anything more important in a law firm in today’s tough trading environment, than that the person who is being asked to implement change, is actually given the authority to do so?
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I'm sure you have all decided who you want to nominate/appoint as your COFA, but how much research and thought has gone into that decision? There seem to be a number of schools of thought on this and, the SRA website being its confusing self with OFR advice, no one is quite sure which school is the right one for them.
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One of the big marketing challenges facing many large professional services firms is integration. Whether this is integrating myriad back-end systems, data, or marketing, large firms find it difficult.
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The view that effective archiving serves as a way to deal with organisational waste
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This is one of the most rehearsed lines of marketing or business development teams: “How do we differentiate the firm from the competition?” And you don’t have to dig deep to see that, for all the marketing hoopla, in many parts of the legal industry there is little to distinguish one firm from another. Why is almost every law firm the same? With some fairly simple application of thought, your firm can find differentiation - or find a way to create it.
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Nigel Stott asks: Who or what really drives technology adoption in law firms? The IT department? The client? The lawyers? The Legal Services Act?
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Law firms are learning to think twice about offering fixed-term contracts, because they can cut down the potential talent base. This is especially bad when you're really looking for a full-time staffer - after all, why leave their full-time job for your short-term role?
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