When it comes to running a law firm having Relevant Requirements are important, having people’s livelihoods in your hands means that you must run a tight ship, following everything to the letter. In this blog, you will know about Ensuring Your Law Firm Meets the Relevant Requirements.
Only by doing this will you yield successful results and attract more business to your firm, creating a respectable reputation.
In this article, we explore the different ways to ensure your law firm meets the relevant requirements to get the most out of your practice and ensure you have as smooth a path as possible to success.
Having the right insurance
Sometimes, despite best efforts, mistakes happen and unforeseen circumstances that are out of your control can crop up at the most inconvenient times.
If the worst happens and a negligence claim is made against you that wins, having the right kind of insurance cover will help you pay the compensation to the relevant party without causing you too many financial problems.
As a professional who practices law, your regulatory authority requires you to have some professional indemnity insurance in place.
Having the correct qualifications
As law is the backbone of our society, the qualifications needed for various positions within this industry are much stricter than those of other professions. It’s imperative that you thoroughly check the relevant qualifications of every staff member that you recruit.
Background checks should be necessary, ruling out anyone with serious criminal records or who may not have the right character to fit seamlessly within your practice.
Don’t be afraid to ask new recruits to provide you with all the certification and documentation required during the hiring process. Ensure you have all the evidence you need to verify that they do indeed hold the relevant degree or solicitor apprenticeship and Solicitors Qualifying Examination for the role in question.
Period of recognised training
You must also have evidence that your employees have undergone the obligatory period of two years’ work experience. The period of recognised training is the final stage of becoming a qualified solicitor. This involves carrying out supervised working as a trainee solicitor in up to four professional firms of solicitors or legal organisations.
Since the update to the qualifying legal process in September 2021, training periods can be completed with greater flexibility, but should still be officially signed off. The arrangement with the selected firm is known as a training contract and should be confirmed as complete with a signature from a recognised individual in your placement firm.