Modern Law Magazine Issue 66
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
EDITORIAL<br />
BOARD<br />
Ryan Braddock,<br />
Vice President and<br />
Sales Director, Speech<br />
Processing Solutions<br />
Securing Hybrid<br />
Working<br />
The appetite amongst staff within the legal sector for<br />
flexible and hybrid working has grown significantly,<br />
this is clear from a survey we conducted in conjunction<br />
with Legal IT Technology; we found that 63% of legal<br />
professionals want to work flexible hours, compared to<br />
just 22% pre-pandemic. Employees should be able to<br />
work seamlessly between the workplace and home, and<br />
there needs to be ease of connectivity between people<br />
in the office and those working remotely.<br />
We found that a big concern for law firms wanting to move<br />
towards a hybrid working model, is how to ensure sensitive<br />
documents can be sent and received securely, if employees<br />
are working remotely? The answer is of course, cloud-based<br />
applications and platforms. It’s simply not possible for onpremises<br />
solutions to be as secure as the cloud; with security<br />
tech requiring significant scaling and investment, this clearly<br />
cannot be achieved with on-premises. Encouragingly law<br />
firms are starting to see where a cloud-first strategy fits in;<br />
60% of respondents to our previously mentioned survey,<br />
confirmed that over half of their software is now made up of<br />
cloud-based SaaS products. This figure reinforces the growing<br />
popularity of SaaS and an increasing reliance on this type of<br />
software delivery model.<br />
For law firms looking to use a cloud service provider for software,<br />
platforms or infrastructure, there are real tangible benefits; for<br />
example, a firm can access the required services at a regular,<br />
guaranteed (often low) cost, with the added advantage that the<br />
provider manages support of the systems. In addition to managing<br />
support, a cloud service provider will also handle maintenance and<br />
will provide extremely high levels of security, not least because<br />
their businesses and reputations depend on it. The use of firewalls,<br />
encryption and multi-factor authentication are now commonplace,<br />
as is adherence to security certifications, this helps to ensure that<br />
industry-leading levels of security are available.<br />
In addition to security concerns, we found that a key challenge for<br />
law firms is how to produce a range of high-quality documents<br />
including briefs, contracts, case materials, and records of client<br />
communication in a timely and efficient manner. The solution<br />
is another easily available SaaS product speech recognition<br />
software, which when integrated with workflow software, can<br />
help to streamline the entire document creation and management<br />
processes, all in one place and all securely in the cloud. We all know<br />
cloud is the future, and now, so is hybrid working.<br />
Dave Seager,<br />
Consulting Adviser,<br />
Matrix Capital<br />
Relevant continued<br />
competence training<br />
is a phone call away<br />
August saw the much-anticipated SRA Assessment of<br />
continued competence, which is to be an annual report.<br />
In some areas the findings were quite damning of the<br />
profession and the concerns expressed by the LSB last<br />
summer seem to have been reinforced. So much so that<br />
the SRA has indicated a thematic review and promised<br />
new guidance for solicitors, individuals and firms in 2024.<br />
“We will assess whether and, if so, how solicitors are meeting<br />
their obligations to keep their knowledge and skills up to date,<br />
including ethics, professionalism and judgment and technical<br />
legal practice. We will also review supervision arrangements<br />
within these firms.”<br />
There seems little doubt that the new regime will both usher in a<br />
greater insistence on individuals identifying knowledge gaps and<br />
learning needs and evidencing that they have recorded these and<br />
addressed them, but also offer stricter instruction on the firm’s<br />
management, (the COLP,) overseeing and supervising the process.<br />
As the Gazette’s John Hyde so aptly predicted at the start of<br />
the process in 2022 - “In short, the days of ticking boxes are<br />
long gone. The SRA wants to see evidence that FIRMS are<br />
taking competence seriously (and documenting the evidence).<br />
Those that do not can expect a knock on the door, or even a<br />
dishonourable mention in the annual incompetence hit parade!”<br />
Accessing learning events or webinars is obviously not an alien<br />
concept for the legal profession, nor is it difficult. However,<br />
will that easily attainable CPD be the right subject matter or<br />
relevant for an evolving profession, working in new ways and<br />
increasingly collaborating with other professionals?<br />
Today’s clients have more complex issues, needs and naturally<br />
greater expectations, which means they expect a joined-up<br />
approach to problem solving and forward planning. In our<br />
experience the newer generation of forward-thinking lawyers<br />
are recognising and embracing the need to work closely with<br />
accountants and certainly financial planners.<br />
Consequently, it would be logical for law firms to look to their<br />
financial planning associates to ensure their knowledge is kept up<br />
to date in all the areas where legal and financial overlap. In areas<br />
such as IHT mitigation options, the complexity of pensions on<br />
divorce, cashflow modelling, or even how to work properly with<br />
clients in vulnerable circumstances are good examples.<br />
Certainly, at Matrix Capital we have given this serious thought<br />
and developed a library of relevant training resources for our<br />
legal colleagues. We hope if you have done your due diligence<br />
and chosen your financial planning partners well, similar<br />
support should be a phone call away.<br />
27