Practice Management

Statutory obligations of legal practitioners in respect of trust money

The topic of the obligations of legal practitioners relating to the handling of trust money is one that has been covered before by the office of the Legal Practitioners’ Fidelity […]

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Are you over promising and under delivering?

One of the triggers of a breakdown in the relationship between a legal practitioner and a client is when the client, justifiably or not, realises that the outcome that they […]

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Enterprise risk management as part of management process/activity for quality decision making

The concept of Enterprise Risk Management (ERM) is viewed and applied differently by many corporate organisations around the world. There is no global definition for ERM, as everyone in the […]

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Succession planning for sole practitioners in incorporated practices and pointers on the authorised forms of practice

When investigating professional indemnity (PI) claims, the team at the Legal Practitioners Indemnity Insurance Fund NPC (LPIIF) has encountered instances where legal practices have either: (a) purported to continue operating […]

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Keep your guard up

Several articles have been written around risk management, internal controls and due diligence, as well as ‘know-your-client’ as required in terms of the Financial Intelligence Centre Act 38 of 2001 […]

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Take time to check that all the basics are done correctly

For legal practitioners, time is of the essence. There are often multiple deadlines to meet in meeting timelines imposed by legislation (including prescription dates) and the rules of court, ensuring […]

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Prerequisites for the conclusion of valid plea and sentence agreements in terms of s 105A of the CPA

A plea and sentence agreement, also known as a plea bargain agreement, is an agreement between an accused and the state, represented by the prosecutor, in terms of which an […]

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The professional indemnity claims trends

At the end of the 2020/2021 scheme year on 30 June 2021, the Legal Practitioners Indemnity Insurance Fund NPC (the LPIIF) had 2 355 outstanding claims recorded. The reserve amount […]

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Small increase in black legal professionals but lack of BEE credentials a worry among smaller law firms – LexisNexis SA and LSSA Legal Tech Report 2021

The COVID-19 pandemic is rapidly changing the way the legal profession is interacting and using information and there is clear evidence the sector is adopting and using technology with alacrity. […]

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Identified risks of COVID-19 on law firm practice management

The COVID-19 challenge is unprecedented, both for the economy and for many aspects of the South African legal system, especially law firm practice management. Many law firms have now closed […]

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