Keeping you compliant.
Recent years have seen law firms being inundated with new regulations and procedural niceties by both the SRA and the UK Law Societies. Consequently, risk management & compliance have never been so important.
As we develop our software we perform a rigorous assessment of all the regulations. We do this assisted by our close links with the SRA and UK Law Societies. We then build our software with adherence to these requirements in mind, allowing you to stay compliant by:
- Performing strict anti money laundering checks
- Retaining a databank of evidential ID verification records
- Performing conflict of interest checks
- Remaining up to date in terms of compliance as new regulations emerge
- Keeping abreast of GDPR responsibilities.
- Making Tax Digital
Risk assessment questions can be tailored by you if necessary. LawWare can then store an historical trail of risk assessments for case files.
Jurisdictional sensitivity.
At LawWare we are sympathetic to and understand the differing requirements of the different legal systems across the UK.
If you are based in Scotland, our systems fully take into account all the requirements of the Law Society of Scotland’s regulations and guidance norms. We tailor our software specifically for them.
Similarly, for both England and Wales, we tailor our software to address both SRA and Law Society regulations. This makes the job of ensuring your practice remains compliant at all times that little bit easier.
Risk management & Compliance: help for COLPs and COFAs
Risk is something that can be difficult to predict. Managing it can place an extra weight of upon the shoulders of your team.
Our software includes an area where you can keep track of assets and review your anti money laundering checks. It ensures compliance with accounts rules and maintains a risk register to make the management of risk integral to your business planning and development.