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15 November 2007 / Simon Young
Issue: 7297 / Categories: Features , Risk management
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Risk management focus

SOLICITORS CODE OF CONDUCT 2007 >>
MINIMUM INTERRUPTION TO CLIENT BUSINESS >>
ABSENCES WITHIN FIRMS >>

 What’s all this about having to make a plan under the new rules for what happens to the firm in the event of a disaster? How on earth do I know what might happen?

You’re quite right, there is a provision in the Solicitors Code of Conduct 2007 which is relevant. You can find it in rule 5.01(1)(k). You’ll remember that rule 5.01 generally makes it a collective responsibility of all partners to ensure there are effective processes for various things.

Well, for this one, the idea is simple enough: it just says you have to make arrangements for the continuation of the practice of the firm in the event of absences and emergencies, with the minimum interruption to clients’ business.

Well, of course I want to protect the partners, but why should this be a matter for the regulators?

You’re missing the point. This isn’t a rule for your benefit; it’s for the benefit of the client.

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MOVERS & SHAKERS

WSP Solicitors—David Ashcroft & Jessica O’Shea

WSP Solicitors—David Ashcroft & Jessica O’Shea

Commercial property and child law teams expand with senior hires

Duxton Hill Chambers—Lucas Bastin KC & Joshua Hiew

Duxton Hill Chambers—Lucas Bastin KC & Joshua Hiew

Set expands London and Singapore offering with senior international disputes hires

Gilson Gray—Gregor Duthie & Stephen Forsyth

Gilson Gray—Gregor Duthie & Stephen Forsyth

Firm strengthens real estate and litigation teams with partner promotions

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