Risk Management

What sort of risks must a business manage?

There are many aspects of risk and compliance that a business must manage, such as:

• Anti-money laundering (AML)
• Data protection
• Regulatory obligations

Different types of businesses have different regulators and ensuring you’re adhering to the regulations can be complex and overwhelming. Our risk management experts understand the different regulators’ requirements and can ensure you’re fully protected.

How is risk managed in the legal sector?

Companies offering legal services are highly regulated. This means, not only is there more chance of errors, but the penalties can be much more severe.

It’s therefore extremely important that you seek risk and compliance advice from a specialist in this area.

We’ve worked with a large number of law firms, ensuring that errors don’t occur, providing their business with a high standard of security.

What services does a risk manager offer?

Our risk management experts offer a wide range of risk and compliance services. These include:

Risk and compliance for law firms

Our experts offer law firms support with all compliance including AML, data protection and regulatory obligations. In addition, we offer gap analysis, independent file audits, training, PII, M&A, change of legal entity and crypto risk.

Legal technology risk management

We’re experts in legaltech, regtech, fintech, Blockchain and crypto and provide legal technology companies in the UK with advice and support on regulatory frameworks and provide market insights to inform product development.

Legal entrepreneurs and start-ups risk management

Our specialists in risk management can ensure the risk procedures for legal entrepreneurs and start-ups are fully compliant, which is extremely important if your start-up is a law firm delivering legal services.

Real estate regulatory advice

Real estate agencies such as estate agents, letting agents and RICS accredited professions must comply with AML legislation. Our specialists provide services to ensure legislative obligations are met and their procedures are compliant.

Financial investors, funders and banks risks management

Finance businesses are also highly regulated. So, when they’re offering funding to law firms or legal services providers the process can often be slow. Our experts identify, resolve and navigate around compliance issues that could cause the project to fail.

Whatever you risk and compliance advice or assistance your company needs, contact us today and one of our experts will be in touch.

How much does an employment lawyer cost?

It’s difficult to say how much it will cost for an employment lawyer to represent you until we know the circumstances of your case. However, we want to be as transparent as possible when it comes to the legal costs involved in an employment case, so have set out the fees involved in our Fees Transparency page. For more details about our fees and how we can help, simply contact us today and one of our experts will be happy to discuss this with you.

How can Inspire Legal Group help?

We’re a unique technology-driven law firm that’s revolutionised the legal industry, bringing it into the modern age.

We’re embracing smart contracts and Blockchain technology, inspiring the industry with these innovative digitised technological solutions.

Our risk management team are innovative leaders and specialise in the management of risk and compliance for the legal sector. They’re professional, proactive and fully trained, and can ensure you’re fully compliant and your risks are minimal.