AML Compliance: Essential Checklist for Law Firms Anti-Money Laundering (AML) compliance is often viewed by law firms as a static framework: policies are written, procedures are implemented, and the expectation is that these will remain effective over time. In reality, AML compliance should be viewed as a live framework. Regulatory expectations, business activities and client risk profiles can change, and firms should ensure that their AML controls continue to reflect the wor

The Law Society practice management standard, Lexcel is a great management tool for a legal practice but there are far more advantages to...

Managing risk in a law firm is no easy task. Not when consideration of the risk needs to encompass every aspect of the business from the...