It’s that time of year again where the spring flowers are blooming, the spring lambs are being born and (for some) the spring clean is being negotiated. You may not have considered a spring clean of your IT security knowledge or corporate network security, so we have put together a few quick tips to help you remain safe online and tidy up your corporate accesses.
It’s easy to get lost in a checklist when someone leaves your organisation. So much of our day to day lives are now online and individuals will have accounts and sign in credentials for numerous websites, portals and systems.
- Are you certain that all the credentials relating to your previous employees have been disabled?
- Is their email address still active?
- If you use The Cashroom can the leaver still access the Cashroom Portal?
- Can they still access your CMS/Bank accounts/other software remotely?
Cyber-attacks are getting increasingly complex and fraudsters are always developing new strategies READ MORE.
Price Transparency Regulation and the Regulated Solicitor
Whilst only in England and Wales for now, The Law Society of Scotland are currently consulting on price transparency and so this is relevant to solicitors UK wide.
Why and what is the change?
In 2016 the Competitions and Markets Authority (CMA) found that there was not enough information available on price, quality and service to help those who needed legal support to choose the best option. Since December 2018, practices in England and Wales are now required to publish the true cost of services (or average costs or range of costs), the basis of charges, key stages of the process and probable timeframes, any likely disbursements (and if they include VAT) and the experience and qualifications of anyone carrying out the work.
Under the new rules, costs information must include the total or average cost, the “basis for your charges, including hourly rates or fixed fees”, and the “experience and qualifications of anyone carrying out the work, and of their supervisors”.
Disbursements must be included, including whether they were subject to VAT, details of the services, such as “key stages of the matter and likely timescales for each stage”, and, where conditional fees or damages-based agreements were offered, the “circumstances in which clients may have to make any payments themselves for your services”.
All costs information must be “clear and accessible” and featured in a “prominent place” on websites. READ MORE
We are now just 2 weeks away from LegalEx, and we’re counting down the days until we get the opportunity to meet you at the ExCeL London on the 27th & 28th!
The event is jam packed with seminars to help you grow your business and we’re eager for you to meet our lovely team, Alex, Gregor and Emma who will be on hand to answer any questions you may have.
If you haven’t registered for your free ticket to come and see us yet, there’s only a few days left to do so in time to receive your copy of the incredible showguide, in which you’ll find out all about this year’s outstanding lineup of 100 speakers, masterclasses, another 150 exhibitors and the full show highlights.
If you would like any more information about The Cashroom and what we offer then please do not hesitate to get in touch. Alternatively you might not want to discuss our services directly but want a confidential chat about running your law firm, we might know someone who can help you with a variety of issues.
We ourselves can help you with your cashiering, payroll, management accounts, parental leave, and compliance checks throughout the year in anticipation of an inspection – we can help you with all of these or any one or combination of our services. We can also dovetail our services with an existing team within your office to relieve any pressures they may be feeling.