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22 January 2021
Issue: 7917 / Categories: Legal News , Cyber , Covid-19 , Risk management
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NLJ this week: Brexit, cyber, pandemic

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There may be trouble ahead, not least with IT security, business uncertainty, the pandemic and Brexit

Risk and compliance solicitor Frank Maher, partner at Legal Risk, suggests a few areas of risk for law firms to focus on as we begin the year.

Money laundering and financial sanctions rules have changed, requiring firms to reassess their exposure.

Another issue to consider is the option of having separate cyber cover―a subject professional indemnity insurers are increasingly asking about.

Read Frank Maher’s article here.

MOVERS & SHAKERS

Flint Bishop—Charlotte Harris

Flint Bishop—Charlotte Harris

Sheffield expansion continues with appointment of commercial property partner

Browne Jacobson—Paul Duggan

Browne Jacobson—Paul Duggan

Browne Jacobson strengthens banking and finance practice with latest partner appointment Paul Duggan

Ward Hadaway—Chris Piggott

Ward Hadaway—Chris Piggott

Employment partner joins Ward Hadaway

NEWS
The Law Society RFC Festival of Sport returns next month, bringing together legal and financial services professionals for one of the sector’s largest annual sporting events
Legal aid deserts leave almost one in four without adequate access to justice
The Solicitors Regulation Authority (SRA) has warned solicitors and law firms that using artificial intelligence does not alter their professional obligations, amid concerns over inaccurate legal material and client confidentiality
From forgotten interest claims to case-management appeals, a string of procedural developments offers useful—and occasionally cautionary—lessons for practitioners

Jonathan Fisher KC highlights that it now accounts for around 40% of criminal offences, with roughly 70% involving technology, and argues that the UK cannot simply prosecute its way out of the problem. Detection, investigation and prosecution all require improvement, while different fraud types demand tailored responses.

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