Relief for law firms during lockdown #2
Minerva | Resource | 9 November 2020
Here we go again – as soon as the Prime Minister’s announcement was made, the biggest question for the legal sector, along with if courts were to remain open, was if house moves could still continue. With levels higher than ever caused by pent up demand of lockdown #1 and then the Chancellor’s SDLT freeze, the […]
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Minerva: Onboarding clients in this brave new world
Minerva | Resource | 9 November 2020
The legal sector, like so many others is adapting and pivoting all the time to figure out how to provide service to its clients. With meeting clients at best restricted, remaining regulatory compliant at a time when legal services continue to be in demand, is feeling for some to be an uphill struggle. Working remotely […]
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Minerva: Get digital savvy – the time for paperless onboarding is here
Minerva | Resource | 9 November 2020
This week the HMLR have announced that the time is now with the confirmation that electronic signatures will be accepted, as long as there is a witness present at the time to also sign – conveyancing has finally arrived in the 21st Century. Digitalising transactions and matter files has been on the agenda of many […]
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Knowing your customer and identifying high-risk clients, according to Minerva
Minerva | Resource | 9 November 2020
On the 10th January 2020 the 5th Money Laundering directive was adopted into UK legislation and with it came the obligations that had been enacted before; that you know your client (KYC) and ensure you comply with the 3 steps of the KYC compliance framework: Customer identification Customer Due Diligence (CDD) Enhanced Due Diligence (EDD) […]
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Silver linings emerge with the rise of tech adoption in legal, according to InfoTrack
InfoTrack | Resource | 9 November 2020
To suggest 2020 has been a turbulent year would be an understatement. As words like unprecedented, R number and new-normal spread like wildfire through the social lexicon, a paradigm shift was taking place in what has become the largest scale social experiment on the planet. When countries locked down overnight, businesses had to find alternative […]
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How to reduce your cyber risk through Cyber Essentials Plus
Stratia Cyber | Resource | 9 November 2020
In September of this year the Solicitors Regulation Authority (SRA) published its report entitled “Cyber Security – A thematic review”. This report is based on a selected sample of 40 firms that were interviewed about their experiences with cybercrime. The report outlined their findings in five key areas: Cyberattacks People Technology Support Reporting Key highlights […]
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Has coronavirus cracked the time recording code? Insight Legal investigate
Insight Legal | Resource | 9 November 2020
The spotlight on time recording: present Time recording software has risen in prominence as an operational tool for lawyers and law firm managers since the COVID-19 outbreak. There are two main reasons for time recording’s manoeuvre into the spotlight; these being the financial difficulties faced by the sector as a whole, and practices’ dispersed workforces […]
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Five key legal industry trends to watch in 2021, from Sysero
Sysero | Resource | 9 November 2020
We’re quickly approaching the end of 2020, a year that has proven truly transformative for the modern law firm. Amidst a global pandemic, law firm leaders have faced the challenge – and opportunity – of accelerating digital transformation with their firms. 1) Greater Focus on Differentiation As competition in the legal sector heats up heading […]
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Learn about Transform software by Novaplex business Solutions
Novaplex Business Solutions | Resource | 9 November 2020
As many Law Firms see the introduction of another lockdown and an extension of furloughed staff both in IT Teams, secretarial support and admin, firms are looking for software to help ease the burden on limited resources to be more efficient. Transform software is document fixing and styling software and has become an essential tool […]
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