The Strategic Partner

The responsibilities of a Compliance Officer are crucial. Here are five key areas that every law firm owner should be aware of: • Keeping up with regulatory developments: Staying informed of the latest in sanctions and regulatory changes. • Conducting risk assessments: Performing due diligence to identify and mitigate sanctions risks associated with clients and transactions. • Monitoring and reporting: Using advanced tools to track transactions and report any breaches to relevant authorities. • Developing and implementing compliance policies: Crafting a robust Sanctions Manual and holding training sessions to instil a compliance-first culture. • Collaboration and communication: Acting as a bridge across departments to ensure compliance is a shared responsibility. To learn more about enhancing compliance at your firm: 👉 Follow for more updates 👉 Schedule a compliance review with us today #lawcompliance #legalriskmanagement #sanctionscompliance

Elevate your social media strategy 🤳 Focus on short reels, consistent posting, strong visuals, and a branded feed. Start engaging your audience more effectively today. #lawfirmmarketing #socialmediastrategy #legalmarketing

Final steps in law firm mergers 💡 Continuing from Part 1, we now focus on Due Diligence, Negotiation, Finalisation, and Post-Merger Support.  Let The Strategic Partner guide you through the final stages of your law firm merger or acquisition with expert precision. #lawfirmmergers #mergersandacquisitions #legalcompliance

Navigating legal costs can be a source of frustration and confusion for many clients. In response to rising complaints, the Legal Ombudsman has released new guidance to improve clarity around legal fees and ensure fair practices. This update addresses common queries, provides real-life case examples, and outlines the ombudsman's approach to handling disputes.  #legalombudsman #legalcosts #lawfirms

Happy Diwali to all our clients and followers! 🕯 #diwali #happydiwali #thestrategicpartner

Compliance audits are crucial for maintaining a law firm’s integrity and regulatory standing.  At TSP, our compliance managers dive deep into your firm’s processes, ensuring you’re well-prepared for SRA and Professional Indemnity Insurers. 🔹 Our approach: We work closely with you to understand your firm’s inner workings and provide tailored solutions to safeguard your compliance. Stay ahead of risks and ensure your firm’s compliance with a robust auditing process. #complianceaudit #lawfirmcompliance #regulationmanagement

Is Your cyber security checklist complete? Ensure each area is at least ‘in progress.’  Incomplete sections can pose serious risks. Stay ahead of threats by regularly updating and evaluating your cyber security measures.  #cybersecurity #infosec #remotedesktop

Anti-Money Laundering (AML) and comprehensive training are crucial for maintaining your firm’s compliance and integrity. We train firms in key areas, including AML, GDPR, and the Codes of Conduct, ensuring all staff are up to date with current regulations. #amlcompliance #lawfirmtraining #regulatorytraining

Managing Director David Green will take the stage to discuss vital issues impacting law firms in the upcoming legal seminar hosted by PIB Insurance Brokers. Throughout the day, a range of expert speakers will discuss cyber threats, regulatory concerns, and the Buildings Safety Act 2022. Don't miss this chance to protect your firm and enhance your risk management strategies. To register, please contact Sally Timms Cert CII - sally.timms@pib-insurance.com #legalcompliance #cyberthreats #riskmanagement

From annual reviews and bespoke policy documentation to ongoing support from our Compliance Managers, we’re here to guide you every step of the way. Our comprehensive service includes: • Annual Services to keep your policies current • Welcome or Renewal Reviews for tailored guidance • Bespoke Policy and Process Documentation • Easy-to-use Notification Forms and Registers • Essential Training on regulations and best practices #regulatorycompliance #lawfirmrisk #complianceupdates