Practice Management

Practice Management
Jess Carey Posted By Jess Carey
from Burlington Media

Peregrine Cloud implements NetDocuments for RMC Solicitors. Peregrine Cloud announces that it has assisted new law firm RMC Solicitors in Dublin to implement NetDocuments, the leading cloud-based document management system, further enhancing its commitment to client service, technology innovation, mobility and flexibility.

The best cloud-based solutions for law firms

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Converge Technology Specialists (Converge TS) has today announced that serial tech entrepreneur Mark Fowle will be joining the business as non-executive Chairman. Following significant private equity investment in Converge TS at the beginning of the year, the company has expanded its team and service offering and is on-track to become the leading cloud provider to the legal sector through a combination of strong organic growth coupled with strategic acquisitions.

Jess Carey Posted By Jess Carey
from Burlington Media

As a legal recruiter, we are seeing a wealth of locum talent taking up short-term assignments at law firms who are in need of temporary fee earners during this summer holiday season. For employers, the benefits of employing quality locum lawyers involve meeting current demand; at Law Staff Legal Recruitment, we are highly experienced in sourcing talent from our extensive, bespoke database of locums.

Fill vacancies with lawyers who can hit the ground running

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Jess Carey Posted By Jess Carey
from Burlington Media

Risk management can be a contentious issue for law firms, as it’s one more added pressure that doesn’t seem to relate directly to the firm’s core business. 

Hard-hitting risk
Various organisations have already found out the hard way that a failure to deal properly with risks can have devastating consequences. For instance, Enron, with assets worth US$63.4 billion, suffered from the largest insolvency in US history, having fallen foul of credit and audit risks. 

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Jess Carey Posted By Jess Carey
from Burlington Media

A law firm today needs more than just good advice to survive in the market – clients are demanding transparency, and other pressures from regulators and government authorities continue to keep firms on their toes. 
Jamie Lawrence, IT support and development facilitator at Grant Saw Solicitors, says his firm is well aware of the crucial part technology is playing in the legal sector and that’s why it was looking for a way to push its own IT forward.

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Jess Carey Posted By Jess Carey
from Burlington Media

Without accurate data all you have is opinion. The problem with data is that it is everywhere and nowhere. While most businesses recognise its growing importance and real value, knowing what data is important and how it can be used to shape future strategies is crucial.

What is now needed are analytics tools that deliver deep insights across your business, connect all the relevant data sources, turn the data into useful information, and allow valuable dashboards and reports to be created and shared with colleagues.

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Jess Carey Posted By Jess Carey
from Burlington Media

ARTICLE BY SEAN O'BRIEN, DIRECTOR AT DVV SOLUTIONS

A common question I receive from clients as part of Third Party risk management (TPRM) program development is the best way to manage the inbound requests to complete risk assessments from their own clients.

My answer is very simple. “Practice what you preach”. Treat client requests in the same manner you would wish your own suppliers to respond to your risk assessment questionnaires, and make it as easy for you and them to manage the process to minimise time and effort for all.

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Jess Carey Posted By Jess Carey
from Burlington Media

The 25th of May was a significant date for many business owners around the country and the legal sector was no different. 

We had endured years of build-up to this point – that build-up included fear-mongering, speculation, and uncertainty about just how it will affect companies. So, what effect has GDPR had thus far? In this article, the we will explain what we were worried about and how everything has turned out so far since the introduction of the EU’s General Data Protection Regulation.

What were we afraid of?

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Jess Carey Posted By Jess Carey
from Burlington Media

Wilson Legal Solutions, a leading provider of software and services that help professional services organizations improve business performance, today announced that Mills & Reeve, a leading UK law firm that provides comprehensive legal advice to businesses and individuals, has selected Wilson Proforma Tracker software to enhance its billing workflow, collaboration, and efficiency.

Security breaches can be highly disruptive to daily business operations as well as extremely damaging to firm reputation. What’s more is that they affect a firm’s bottom line and revenue too. Renowned privacy and data security researcher, Ponemon Institute, found that the average global cost of a stolen record was $141 in 2017, in a study looking into the cost of data breaches. This of course varies per industry and is likely to be even higher for businesses operating in professional services sectors, such as legal and financial firms.

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