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Vol 23 No 5 May/June 2018

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This book is now Out of Print.
A new edition has been published, the details can be seen here:
Lexcel Risk Management Toolkit 3rd ed isbn 9781784460853

Lexcel Risk Management Toolkit 2nd ed

ISBN13: 9781907698637
New Edition ISBN: 9781784460853
Previous Edition ISBN: 9781853289125
Published: December 2012
Publisher: Law Society Publishing
Country of Publication: UK
Format: Paperback & CD
Price: Out of print

Risk management is essential for all legal practices. The new edition of the Lexcel Risk Management Toolkit is designed to help you and your firm to formulate and implement appropriate procedures and policies to identify, mitigate and manage risk.

The templates enable you to manage risk at three levels as identified by the Lexcel Practice Management Standard:

Strategic risk - impacting the viability and success of the business Operational risk - arising from the work conducted by the business Regulatory risk - relating to the need to comply with the rules and regulations governing solicitors.

The Lexcel Risk Management Toolkit offers:

  • template policies including a risk management policy
  • a risk data analysis form
  • a strategic risk review agenda
  • checklists
  • role definitions for key personnel such as MLRO and Risk Manager.
All of the documents are provided on the book’s accompanying free CD-ROM, enabling you to customise them as needed

Legal Practice Management
1. Business planning
2. Preparing for business planning
3. The business plan
4. Financial management
5. Variance analysis
6. Cash flow forecasts
7. Annual accounts
8. Time recording
9. Procedures for billing clients