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A risk register can act as a useful tool to help a law firm actively assess and manage the most significant risks for your business.

Deciding on the appropriate level of professional indemnity insurance to purchase for your law firm can be a complex process and include a variety of factors.

Back in January, the SRA released its “Protecting the public: our consumer protection review”, which proposed fundamental changes to the account rules and circumstances for when law firms could hold client money.

On 24 November 2023, CTS confirmed it had been subject to a cyber-attack, resulting in disruption to a range of firms, including law firms, that used its services.

Many firms, especially in the legal sector, don’t see cyber-attacks as a credible threat and therefore fail to protect themselves sufficiently.