On 25 November 2019, the Solicitors Regulation Authority (SRA) will launch its new regulatory model – but what does this mean for firms? In essence, it will allow solicitors greater flexibility in how they work. It will remove many prescriptive rules and take the burden off law firms, meaning their solicitors have freedom to use their own judgement to consider how they meet the SRA standards.
Due to the sensitive nature of client data, Cybersecurity is especially relevant in the legal sector. Law firms need to know that their IT and Software providers are experts in this field.
We have identified four questions on security you should cover with your legal software supplier.
There appears little doubt there is growing acceptance of how lawtech, like automation and AI, can help lawyers access, interrogate, understand and use large amounts of data, with greater efficiency offering the opportunity for increased profitability.
When we visit law firms around the globe, we are often struck by just how many firms are still reliant on paper and paper-based legal business processes. Even at firms with paperless initiatives, we’ll see billing partners packing up stacks of pre-bills to review and edit in the evening at home.
MHA’s Year End Tax Planning Guide summarises some key tax and financial planning tips which should be considered prior to the end of the tax year on 5 April 2019 or for companies, the end of the financial year on 31 March 2019.
Cyber resilience – the ability to withstand both attacks on your computer network and attempts to steal valuable client data – is a business priority which an increasing number of legal firms in London and UK depend on us for year after year.
A simple explanation is… “the theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.”