Legal Eye bolsters support offering with its Risk and Compliance Gap Analysis

Smoove plc owned Legal Eye help law firms take a proactive approach to risk and compliance management through innovative and practical support.

With a constant review of their offerings the team are always seeking to ensure that they can offer the support most needed in the best possible way. Now with firms offering a more hybrid approach for many – a pragmatic approach to managing risk and compliance is key.

A necessary component in ensuring your firm is always measuring, reviewing and consulting its policies and procedures is a gap analysis. This is easier said than done of course, finding the time when dealing with the day-to-day fee earning work and management of busy practice means that finding the time to properly review your compliance obligations can be difficult.

The perfect solution

With internal resources stretched like never before during recent times, the Legal Eye team have created a one day review process to help firms identify areas where corrective actions can be determined and recommended, meaning firms can remain abreast of their risk and compliance obligations.

In one day the Legal Eye team will review a wide variety of risk and compliance areas providing a written report identifying corrective actions recommended as a result of the audit. Covering things like, company documentation, risk management frameworks (Office Manuals), and registers – from risk to gift and entertainment – file reviews, business plans and strategy along with any other compliance requirements, the team provide a thorough review of a firm’s risk and compliance obligations.

Dedicated to helping the sector the team at Legal Eye are already seeing results from their days with firms.

Find out more here.

Kindly shared by Legal Eye

Main article photo courtesy of Pixabay