The openness and prevailing minimum terms and conditions of the SRA wording have continued to see law firms exposed to a potentially high level of claims. It is therefore crucial that law firms, regardless of size, adopt a professional and engaged approach to their risk management and professional indemnity insurance.
Solicitors’ practices and barristers’ chambers’ databases, by the very nature of what they do, contain highly sensitive information of a very personal nature on the lives of thousands of clients that must be protected at all times regardless of the regulatory environment.
Increasingly, firms are considering how they can balance this need to prioritise profit-generating activities with developing their workforce. They know that business growth and true operational excellence is achieved when all elements of the firm are working at their optimal level of efficiency and output.
Summertime – and the living can be less than easy if you have to work in a hot office. And with 80 per cent of UK office workers thought to complain about the temperature in their workplace, it’s hardly a trivial matter, with half of UK offices believed to be too hot during the summer.
Only 13% of business leaders have an effective “wellbeing” strategy in their workplace, despite growing concerns that stress-related conditions are causing misery for many workers, a business event was told.
Law firms are becoming increasingly aware that they need to look for ways of improving efficiency in all areas of their organisation, including their administrative support functions. A recent report on the trends and opportunities in law firm outsourcing demonstrates that firms are broadening the approach they take when it comes to solving these issues.