With agile working practices becoming a permanent feature for many businesses, what do legal practices need to do to ensure compliance with the Rules?
Our specialist speakers discussed the compliance issues and risks that legal practices are facing under agile working conditions.
We will discuss:
- How law firms have adapted to the 2019 Rules
- Guidance issued since the introduction of the Rules
- The SRA’s approach to compliance
- Common breaches and self-reporting
- Responses since the introduction of the 2019 Rules – from law firms, reporting accountants and the SRA
- The effect of the pandemic on compliance
- Risks of home working
- Adapting to the “new normal”
- The future of compliance
There was also a 15 minute Q&A session where our expert panel answered specific questions you on the topics covered.
Karen Hain, Partner and Head of Professional Practices
Karen has worked with professional practices for almost 20 years and currently heads up the specialist sector team for MHA. Karen is a registered auditor and internal auditor, which gives her a great understanding of risk management, systems and controls. She acts as a sounding board for her legal sector clients and can provide advice that they can use to gain tangible results.
Kate Arnott, Partner and Professional Practices Specialist
Kate works closely with legal practices and has a specialist understanding of the specific challenges and opportunities faced by the sector. Her invaluable experience of advising solicitors and law firms on their growth strategy, Solicitor Accounts Rules requirements and LLP structures means she is well placed to advise her clients on both practical and strategic solutions.
Robert Blech, SRA Specialist Director
Robert is a qualified accountant and specialises in accounts preparation, audit and general consultancy. Robert has a legal background and due to his extensive technical knowledge and deep understanding of the sector, takes charge of Solicitor Accounts Rules audits. He has worked within the industry for over 20 years.
Fiona Westwood, Partner and Professional Practices Specialist
Fiona has specialised in working with professional practices with 2 to 100 partners for over 20 years. As a registered auditor and general practice partner she assists clients in meeting their compliance needs, her passion is supporting clients in ensuring operational effectiveness. Fiona works with her clients as business advisor bringing insight and pragmatic down-to-earth suggestions.