Outcomes focused regulation (OFR)
The issue
Regardless of whether OFR is simply the latest fashion within the regulatory community or truly a more effective way to regulate solicitors, it is a reality that the profession will have to live with for the foreseeable future at least.
Compliance can be very time consuming and costly. COLPs and COFAs bear a heavy burden of responsibility and have a lot to remember.
Reducing the burden on COLPS and COFAS
We highly recommend Riliance risk and compliance software and are proud to be Riliance approved introducers.
Riliance is an easy to use computerised system that greatly simplifies SRA compliance and reduces the time COLPs and COFAs spend on compliance monitoring and reports.
In the same way as case management has increased fee earner productivity, so Riliance is designed to enable COLPs and COFAs to get more done in less time, whilst safeguarding them from regulatory pitfalls.
No servers or installation are necessary as Riliance risk and compliance software is delivered online.
Features include support for the handling of referrals, complaints, claims, money laundering reports, file audits, misconduct reports, annual risk & compliance reviews, the risk register and COLP/COFA reporting. Contextual links provide access to relevant parts of the SRA Code of Conduct, Lexcel standard, money laundering regulations and other helpful compliance information, cutting down the time necessary to consult reference materials.
Download a Riliance leaflet. For more information about Riliance software contact us.
Our support
Our range of expertise lies in those areas where law firms often need help - corporate governance, risk management, quality management and business continuity.
We can provide qualified experts who understand the legal services sector and are used to helping in practical ways.
Over the last decade scores of firms have enlisted our help. You can benefit from all the experience we've gained. Some of our clients are listed on our Client List Page and some of their feedback can be seen on our Client Feedback Page.
Why not contact us to arrange a free, no obligation discussion with a consultant.
