Risk & Compliance

Risk & Compliance
Jess Carey Posted By Jess Carey
from Burlington Media

When it comes to choosing the right search reports for a property transaction, it is important to fully assess the requirements of each case to ensure the correct levels of risk assessment are undertaken at the outset. 

Conducting the right due diligence is driven by a number of factors, including legislation, SRA compliance and guidance. Here, we provide some guidance on what you should consider when assessing which reports to use, based on three key environmental hazards that have the potential to prove costly, should the correct due diligence not occur:

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An increasing number of legal firms are looking to the cloud to deliver cost-efficiencies and flexibility, and many are becoming more confident with providers’ IT security and datacentre compliance capabilities. This shows a marked change in the industry as the cloud market matures and providers such as Microsoft Azure and AWS start to offer a secure, viable cloud option to law firms.

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When you share your documents and they leave the safety of your corporate network, you want to be sure you don’t accidentally share confidential information hidden in their metadata.

Thankfully, it’s fast and easy to make sure your Word documents and PDFs are secure. This illustrated tutorial shows you how to clean metadata from email attachments.

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Ten10, the UK’s leading independent software testing company, is delighted to be named the fastest-growing, mid-sized business in Surrey, Sussex and Kent by accountancy and business advisory firm BDO LLP.

BDO’s Best in Business Top 100 & Ones to Watch league table, compiled in association with leading mid-market private equity firm LDC, ranks companies in the Southern Home Counties with the highest growth in sales over three years.

You can delegate many of the responsibilities of a business owner that we have outlined, but the personal liability remains with you as a partner. Compliance with laws and regulations such as the General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679), anti-money laundering laws and other regulatory requirements (such as the SRA, RICS etc) are all crucial, and you must be confident you and your firm are managing the responsibilities appropriately. Make sure you are aware of who is responsible and address any gaps you may find.

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The client: One of the UK’s largest, leading law firms
Ten10 services: Test automation

Key project features:

  • Legal systems
  • Desktop migration
  • Test management
  • Monitoring of production applications - functional & performance
  • Traffic light dashboard
  • Bespoke automation tool configuration
  • Smoke testing
  • HP Quality Centre & Unified Functional Testing (UFT)
  • Time & money savings

The project

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Wilson Legal Solutions, a leading provider of software and services that help professional services organizations improve business performance, today announced that Patrice Kennard has joined the company as a senior risk consultant. Based in Asheville, North Carolina, Kennard joins Wilson’s assessment and advisory services team to help law firms and law departments optimize new business intake processes and reduce conflicts of interest.

Claim Technology are delighted to announce a partnership with leading photo certification software provider, Photocert.  Photocert can now validate that photos submitted using the Claim Technology UI are genuine and have not been tampered with.

Photocert’s CEO, Pasquale Saviano commented “our partnership with Claim Technology represents another step in our strategic direction towards using AI for the benefit of the insurance industry.”

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