Modern Law Magazine Issue 67

EDITORIAL
BOARD
Enjoy a career without
limits, earning up to
75% of your billing.
Taylor Rose MW is a top 60 law firm with
over 30 offices nationwide and we are
seeking legal professionals that are keen to
work on a consultancy, fee sharing basis.
We are seeking likeminded individuals and
groups of Solicitors, FCILEx or Licensed
Conveyancers with 4 years PQE+ to join
our consultant programme.
We provide lawyers with a unique opportunity
to thrive as part of our consultant arrangement,
taking back control of their life and earnings in a
smart, modern and supportive environment.
You can choose to work from home, one of our
offices or both!
“The consultancy
model has turned
my career on its
head. This model of
working is superb.”
Mark Quinn,
Consultant Solicitor
Why choose us?
· Earn up to 75% of what you bill;
minimum earning 70%
· Choose your own clients, fees,
hours and volume of work
· Work from home, 100 days access
to hot-desking facilities
· PII cover up to £20 million
· Free calls via our app
· Access to nationwide offices and meeting rooms
· Fully optimised CMS and electronic systems
· Access to business development
· Dedicated liaison team and technical head
for ops, legal support and training
To find out more, read our brochure or
arrange a confidential call, please email
consultantrecruitment@taylor-rose.co.uk
or visit our website
www.consultant-solicitor.co.uk
Pioneering Environmental
Concerns As A Top 60 Law Firm
In today’s rapidly evolving world,
evolutionary demands are placed on
our systems at an ever-increasing
rate. As we prioritise valuable
resources, we must give due
consideration to environmental and
ethical impact alongside conventional
benchmarks like risk and efficiency.
Firms are under increasing client pressure
to operate sustainably and ethically while
ensuring their continuity. The legal industry
can play a pivotal role in driving innovative
solutions that strike a balance between
critical aspects.
Basic aspirations such as a paperless
operation and reducing travel burden have
not been overlooked. Technology has
allowed us to streamline our operations
and enhance efficiency, not just for our
personnel but also for our clients by
developing portals that they are able to
access 24 hours, 365 days a year.
Steve Jobs once said, “Innovation
distinguishes between a leader and a
follower”. A quote that is especially
resonant when considering the
heightened focus on Environmental,
Social, and Governance (ESG) policy
that has made it so important for the
legal industry to innovate.
This is not just a trend – it is a fundamental
shift in how the legal industry operates and
is evaluated by clients and stakeholders.
In my role as the managing director of an
award-winning digital compliance platform,
I have seen firsthand how innovation
can drive ethical solutions. Automation,
for instance, can integrate with existing
processes to streamline customer
onboarding, improving client experience
while trimming operational costs. Such
platforms offer the capability to conduct
real-time checks against global sanctions
and watchlists, adding an extra layer of
due diligence.
Another way is by using AI to implement
automated and secure identity verification
to streamline our “Know Your Customer”
Fraud Detection, and User Onboarding
for home buyers online. The partnership
that we have created with Onfido has
had immediate results allowing clients to
onboard to the point of an open live file
in as little as 20 minutes, instead of having
to arrange an appointment for the clients
to come in for an ID check – therefore,
helping our carbon footprint by making
the process digital and easy access.
But it’s not just about efficiency - it’s about
responsibility. Anti-money laundering
(AML) and compliance solutions can be part
of a broader strategy that not only tackles
compliance but also drives innovation.
Digital compliance can help legal firms
conduct due diligence while onboarding
clients with the peace of mind that they
are not “sleep walking” in to supporting
damaging activities or unethical practices.
The role of innovation extends to the
development of new legal processes and
formalised agreements that take ESG factors
in to account. For example, smart contracts
can be programmed to execute only when
certain ethical and environmental criteria are
met, automating compliance and reducing
the risk of a breach.
Data analytics capabilities can provide
valuable insights into client behaviour
and market trends. These insights can
inform the development of new services
At Taylor Rose MW, we actively monitor
and publicly report on our carbon footprint
through our statutory accounts. By doing
this, we force ourselves to address the
challenge head on. As a result, we are
getting better and have executed many
environmental changes within the firm
to help reduce our carbon footprint. This
includes initiatives such as a firm-wide
paper light project, introduced followme
printing and recycling our old IT
equipment. This has resulted in reporting
reducing carbon footprint relative to our
turnover.
We hope that leading by example
reinforces credibility and authenticity when
advising clients on matters.
“Firms are under
increasing client pressure
to operate sustainably
and ethically while
ensuring their continuity.”
Adrian Jaggard,
CEO, Taylor Rose MW
Innovate Or Stagnate
To Lead In Legal Ethics
and solutions that not only meet the strict
requirements of the regulator, but also
address the broader ethical concerns.
Circling back to Steve Jobs’ insight,
innovation is indeed what distinguishes
leaders from followers. By integrating
advanced compliance solutions that meet
regulatory demands, legal firms can drive
innovation and support the development
of solutions that support a more
sustainable, and ethical, legal industry.
For more information please visit:
www.smartsearch.com
“This is not just a trend –
it is a fundamental shift
in how the legal industry
operates.”
Martin Cheek,
managing director, SmartSearch
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