The route to client money - Law Firm scenarios Download the full FREE EBook Fraudsters and cyber-attackers are targeting law firms in their attempts to steal client money and data. Millions of pounds of client money has already been stolen...
The SRA have stated that “We expect solicitors and firms to continue to meet the high standards the public expect”….. and…”We expect firms to have appropriate contingency plans in place for disruption, but we recognise that...
From cashiers to COFAs – the role of a person within legal finance has changed so much over the past 20 years. Here’s why the profession requires support, training, education and friendly guidance more than ever before. The ILFM started...
On 19 January 2016, the Solicitors Regulation Authority (SRA) published a new webpage for SRA-authorised firms involved in, or considering becoming involved in, the carrying on of consumer credit activities under Part 20 of the Financial Services and...
We live in a digital world where we are more connected than ever. Technology influences our daily lives, activities and decisions. In business it drives innovation, efficiency and collaboration. From customers to suppliers to employees to owners, technology...
On 1 January 2016 , the protection limit for deposits protected under the Financial Services Compensation Scheme (FSCS) was reduced from £85,000 to £75,000. This has implications for solicitors who hold client money. In...
TO OUR MEMBERS SRA consultation – have your say! The SRA wants your views on its proposals last month to regulate consumer credit activities carried on by SRA-authorised individuals and firms under Part 20 of the...