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Worth its weight in gold

02 April 2009 / Daniella Lipszyc
Issue: 7363 / Categories: Features , Legal services , Training & education , Profession
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Daniella Lipszyc advocates becoming involved in the lucrative PPI sector

Tick—another box is crossed off and one more hour of continuing professional development (CPD) is racked up. In the UK, all solicitors who work more than 32 hours per week are required to undertake a minimum of 16 hours of CPD per year. As part of this requirement, at least 25% must consist of participation on accredited training courses. As such, many solicitors view it as a necessary evil—just one more thing that needs to be ticked off the list each year.

More than a means to an end

In reality, CPD can mean far more than just a means to an end. As many conventional revenue streams dry up, it's increasingly important for professionals to be aware of alternative, and potential lucrative, sectors. It's time to throw away the “tick box” mentality and start to sift through the array of CPD training courses in a more strategic approach—25% participation could result in business development and ultimately survival.

One area that

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MOVERS & SHAKERS

DWF—19 appointments

DWF—19 appointments

Belfast team bolstered by three senior hires and 16 further appointments

Cadwalader—Andro Atlaga

Cadwalader—Andro Atlaga

Firm strengthens leveraged finance team with London partner hire

Knights—Ella Dodgson & Rebecca Laffan

Knights—Ella Dodgson & Rebecca Laffan

Double hire marks launch of family team in Leeds

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Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes
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