Legal Profession

Lexcel Risk Management Toolkit, 2nd edition

By The Law Society
Law Society Publishing December 2012

Specifications

ISBN-13
9781907698637
Publisher
Law Society Publishing
Publication
December 2012
Format
Paperback + CD-ROM , 80 pages
Jurisdiction
International ? Countri(es) for reference only

Details

Effective risk management is essential for all legal practices. The new edition of the Lexcel Risk ManagementToolkit is designed to help you and your firm to formulate and implement appropriate procedures andpolicies to identify, mitigate and manage risk.

The Toolkit contains templates to help you to manage risk at three levels, as identified by new Version 5of the Lexcel Practice Management Standard:

  • Strategic risk - impacting the viability and success of the business
  • Operational risk - arising from the work conducted by the business
  • Regulatory risk - relating to the need to comply with the rules and regulations governing solicitors.

This second edition has been comprehensively revised with the needs of law firms in mind. It includes moreguidance on file reviews, conflicts of interest, supervision and avoiding delay. New policies includean outsourcing register and a health and safety policy.

Table of Contents

1. An introduction to risk management;
2. A risk management framework;
3. Risk management culture;
4. Identifying risk;
5. Risk management methodology;
6. Risk management; 
7. Monitoring risk;
8. Other important risk areas.

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