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Regulated Risks

Legal Professions

Upholding Justice, Advocating Rights, Guiding Through Law

For a Secure, Thriving Future

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We deliver comprehensive insurance, adept risk management solutions, and steadfast business support tailored to the landscape of Legal regulated professions in the UK.

At the heart of our services lie essential and pertinent insurance offerings encompassing:

Professional Indemnity is not merely a reactive measure; it’s an investment in your professional growth & longevity
Management Liability can help to protect the personal assets, reputations, and careers of professionals
Cyber threats are a constant reality, and regulated professions are among the most vulnerable

The legal profession in the UK is one of the most regulated in the country. This is because it is essential to ensure that lawyers are qualified to provide legal services and that they meet high standards of conduct.

There are a number of different types of regulated legal professions in the UK. These include:

  • Solicitors: Solicitors are legal practitioners who provide legal advice and representation to clients. They can deal with a wide range of legal matters, including conveyancing, family law, and criminal law.
  • Barristers: Barristers are senior advocates who represent clients in court. They are experts in advocacy and legal research.
  • Notaries Public: Notaries Public are legal professionals who are authorised to administer oaths and take affidavits. They can also provide legal advice on international matters.
  • Chartered Legal Executives (CLEs): Chartered Legal Executives (CLEs) are qualified lawyers who provide legal advice and representation to clients. They are the only non-solicitors who can use the title “Legal Executive”.
  • Legal Administrators: Legal Administrators provide administrative support to solicitors and legal professionals. They are responsible for tasks such as preparing legal documents, managing client files, and arranging court hearings.

In addition to the 3 core insurance products we can provide an array of risk and business management solutions, meticulously aligned to complement your Legal business, such as:

  • Business continuity planning, succession planning, due diligence and exit planning

  • Human Resources and Employment Law Consultation Services

  • Legal and Regulatory Consultation Services

  • Property and Security Consulting Services

  • Health and Safety Consultation Services

  • Disaster management

Why Regulate Professions in the Legal Sector?

Regulating legal professions in the UK is essential for a number of reasons:

  • To protect the public: Regulation ensures that lawyers are competent and qualified to provide legal services. It also protects the public from unscrupulous lawyers who may not act in their best interests.
  • To maintain the integrity of the legal system: Regulation helps to maintain the integrity of the legal system and ensures that lawyers are held accountable for their actions.
  • To promote public trust in the legal profession: Regulation fosters public trust in the legal profession and ensures that lawyers are acting ethically and in the best interests of their clients.

We work with Legal businesses of all sizes to help them navigate the complex regulatory environment and ensure their compliance.

Book a Discovery Call with us today to discuss your business needs and partner with us for a secure, thriving future.

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© 2024 Regulated Risks • Company No: 08557985

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