Riliance: E-signatures – the way forward?

News Article - 29/11/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Practice Management

The Electronic Communications Act 2000 made electronic signatures on contracts admissible as evidence which paved the way for the new world of e-commerce.

Conversely, 18 years later, the world of personal legal transactions remains largely...

Riliance: SRA transparency rules

News Article - 27/11/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Practice Management

The new SRA Transparency Rules come into effect in December 2018, but what will this mean for you and your firm?

The SRA has said that the rules are aimed at improving competition in the legal market, it has also said:...

Riliance: Brexit in the legal sector

News Article - 22/11/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Practice Management

With Brexit fast approaching and lots of details of the plans up in the air I can hear you all thinking “What does this mean for us?”.

In the legal sector, a lot of firms nowadays are modern, international...

Riliance: Name your price

Resource - 19/11/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Practice Management

Brian Rogers, director of regulatory services at Riliance, discusses changes to pricing transparency in the legal market and what SME firms should look out for.

Regulators have long since aimed for law firms to be more...

Riliance – GDPR exemptions for firm’s with less than 250 employees

News Article - 19/11/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Practice Management

A common misconception is that firm’s with less than 250 employees believe they are exempt from GDPR – This is a myth

The only potential exemptions to those firm’s with less than 250...

Riliance: The insurance distribution directive

News Article - 16/11/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Practice Management

The Insurance Distribution Directive (IDD2) has now been enforceable for a month.

The big headlines of the IDD2 have been floating around since it’s initial enforcement date in February of this year: Insurance...

Riliance: Leasehold properties – are you doing enough to protect your clients?

News Article - 14/11/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Practice Management

Conveyancers will well be aware of the rising ground rents which apply to new build developments where properties are sold on a leasehold basis.

It is not uncommon for onerous rent review clauses to be included in the lease which may, for...

Case study: Legal Financial Solutions Limited improves reporting with Riliance

Case Study - 28/08/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Risk & Compliance

Challenges

As a regulated CMC, LFS understand the importance of risk and compliance management, as well as maintaining robust processes that adhere to the changing requirements.
To that end the business have an established...

Case study: Harrison Clark Rickerbys and Riliance

Case Study - 28/08/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Knowledge Management, Risk & Compliance

The Challenge

Following a merger in 2013, Harrison Clark Rickerbys were faced with the challenges of finding a way to connect the compliance processes of different offices into one centralised and consistent approach. Allowing much...

SQE, the new super-exam – will it be good news or bad news?

Resource - 24/08/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Knowledge Management

After much debate, criticism and conjecture, the controversial new ‘super-exam’ for solicitors, which has been proposed by the Solicitors Regulation Authority (SRA), is now going forward, despite continuing opposition.

The...

The price is right – new pricing rules for law firms are approved

Resource - 24/08/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Finance, Technology

In December 2018, new rules are being introduced that are designed to ensure that there is greater transparency in the prices charged by law firms for certain legal services.

The rules will affect conveyancing, probate and a range of other...

Riliance: the importance of developing an effective risk management framework

Resource - 26/07/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Risk & Compliance, Practice Management

Risk management can be a contentious issue for law firms, as it’s one more added pressure that doesn’t seem to relate directly to the firm’s core business. 

Hard-hitting risk
Various...

The essential differences between Cyber Essentials and GDPR

Resource - 19/06/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Risk & Compliance, Practice Management

We’ve recently been stressing the need for firms to make sure that they can comply with the EU’s General Data Protection Regulation (GDPR) when it’s introduced in May 2018.

However, where do other elements of a firm...

Mandatory AML information requirement

News Article - 12/06/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Risk & Compliance, Practice Management

In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (‘the Regulations’), the Solicitors Regulation Authority (SRA) has a duty to supervise the AML arrangements...

Scotland’s legal sector – ready for reform?

News Article - 05/06/2018 : GDPR, regulation, risk and compliance, Software, training and competency, Risk & Compliance, Practice Management

The Law Society of Scotland is currently helping to spearhead some major new changes in the legal system north of the border.

There are two key elements involved – regulatory reform and a new impetus to develop a stronger...