The Financial Intelligence Centre (the FIC) was established in terms of the Financial Intelligence Centre Act 38 of 2001 (FICA). The FIC is South Africa’s financial intelligence unit, which is […]
Read moreIn an interview, Professor of Law at the University of the Witwatersrand, Jonathan Klaaren, sat down with Instructional Designer at Derek Moore and Associates, Derek Moore, to discuss e-learning in […]
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The growth in professional indemnity (PI) claims against legal practitioners in South Africa (SA) in the last decade has been attributed to several factors, including: The sharp growth in the […]
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Cash flows into the business bank account as payment received for work done. In order to receive payment, legal practitioners need to report to clients the nature of work done […]
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From the inspections that the Legal Practitioners’ Fidelity Fund (LPFF) have conducted on the trust accounts of trust legal practices, the LPFF has noted that there is often a lack […]
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The Law Society of South Africa (LSSA) and LexisNexis published a report titled ‘Attorneys’ Profession in South Africa 2016 Review’ (see www.lssa.org.za). Legal practitioners, domestically and globally, are faced with […]
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In my previous article, ‘How FICA affects you and your legal practice’ 2019 (Oct) DR 6, I explored the requirements of the legal practitioner’s annual statement on trust accounts required […]
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In the article by Emmie de Kock ‘Are you building a law firm of the future?’ 2018 (May) DR 20, Ms de Kock highlighted some of the external factors and […]
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All legal practitioners practising for their own account are required, in terms of s 84 of the Legal Practice Act 28 of 2014, to hold a valid Fidelity Fund Certificate […]
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Key Performance Indicators (KPIs) are management measurement tools, values used to determine the state of the business and typically expressed as a number. The word metric is often used in […]
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