Regulatory Compliance Audits

All firms do not have exactly the same requirements - that's why we adapt our services to suit you. We will undertake an audit tailored precisely to all the rules relevant to your firm. For the first time in its history the profession is facing outcome focused regulations. The fear of an SRA visit can be taken away by our highly skilled Regulatory Compliance specialists. 

As examples of specific areas audited, we can check whether:

• You are complying with all of the rules.
• You are complying with the Data Protection Act.
• Your systems make provision for checks on those to whom documents are sent and undertakings are obtained to protect against the information being misused.
• Your complaints policy is sufficiently robust to deal with the new challenges posed by the Legal Services Act and the Legal Ombudsman.
• Your system for dealing with costs estimates is going to stand up against recent decisions by the Courts. 

Usually, there are 3 stages to our comprehensive audits: 

1. Pre-audit desk study, which is a preliminary check of your relevant procedures against requirements;
2. A review of a sample of files;
3. A visit to your office. This allows us to assess the rules against what is actually happening in the firm. We will interview a sample of personnel in different roles to ensure the roles are relevant to the individual are understood.

Costs

The fear of an SRA visit can be taken away by our highly skilled Regulatory Compliance specialists. 

To provide you with a fixed fee quotion, the answers to 3 questions are all we need: 

1. How many people have care and conduct of files?
2. How many offices does your firm have?
3. Do you pay for work referred to you?

Our specialists will be able to advise you on an audit to suit your specific requirements

For an informal discussion about how DP can help your firm, contact Gail Biddulph at Gail@distinctivepartnerships.com or call us on 01244 571440