Financial Governance and Best Practice Key to Risk Limitation in Law Firms

By Andy Sparkes, General Manager, LexisNexis Enterprise Solutions, a provider of business management systems to law firms

Time and again we hear of law firms in financial difficulty. On last count at the end of 2013, the Solicitors Regulation Authority (SRA) identified over 1200 firms.  Most recently, the SRA has found that there is a direct correlation between financial difficulty and misuse of client monies, substantially increasing risks to customers.

Article published in the Global Banking & Finance Review on April 2. To view the full article click here >>

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