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Do you know what the maximum fine a small law firm can receive for being non-compliant is? In recent conversations with law firms and from feedback at our recent Practice Managers Breakfast it is clear that compliance is a massive concern for law firms and practice managers. We are also hearing of an increase of law firms getting into situations where the SRA are getting stricter and enforcing their guidelines more. Taking responsibility to ensure compliance is no small undertaking and ensuring you have the software and systems in place to support you is vital. From AML checks to HMRC requirements for MTD VAT returns and digital record keeping it is important to ensure your tech is helping you either flag breaches or even more importantly stop you from becoming non-compliant. It is an area that is at the forefront of our minds when developing and growing our products and services. https://www.insightlegal.co.uk/sra-le...