Most PI claims against law firms come from a missing control, a rushed process or a risk that nobody owns. Cyber incidents, undisclosed conflicts, missed deadlines, AML failures, and unclear engagement terms lead to numerous notifications and complaints.
This webinar examined the point at which a compliance failure becomes a claim, and the controls firms can put in place now to reduce exposure.
What this session covered
- Cybersecurity and data breaches
- Conflicts of interest and client intake controls
- Missed deadlines and matter management failures
- AML, sanctions and regulatory failures
- Engagement terms and scope creep