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Managing Partner’s hugely popular report on risk management is now in its’ second edition. Highlighting every area of potential risk within your organisation, this report will give you a clear understanding of how these areas can affect your law firm and how you need to respond in order to manage them effectively.

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The second edition has been revised and expanded, now covering:

• The Solicitor’s Code of Conduct 2007, including commentary on the rules regarding ‘equality and diversity’.
• Changes to the Law Society, including the formation of the Solicitors’ Regulation Authority (SRA).
• Analysis of anti-money laundering and counter-terrorist finance compliance, including commentary on the imminent Money Laundering Regulations 2007 (due to be implemented on 15 December 2007).

The report also features new case studies, cover stories, features and a survey from Managing Partner.

At over 100 pages Risk Management for Law Firms is an essential resource that will prove its value time and time again.

The report guides you through the requirements of a risk management system including:

• Responsibility at senior management level;
• A framework for managing risk across all parts of the business;
• Integration of risk management processes into firm culture;
• Accountability in each practice area and support function;
• A risk evaluation process;
• External assessment;
• Business continuity planning;

Subjects covered include:

• People and culture issues;
• Client engagement;
• Finance;
• Protecting partner’s assets;
• Compliance;
• File auditing;
• Managing your insurance;
• Office systems;
• Location and premises issues;
• Professional indemnity insurance;
• And more…

Not only does Risk Management for Law Firms provide an in-depth analysis of all key risk areas within the firm it clearly demonstrates the benefits of a strategic approach to these issues with clear examples.