Uncategorized

aml tranche 2

AML/CTF Consultation for Lawyers | Tranche 2

Do you have an interest in how lawyers are going to be regulated under Australia’s Anti-Money Laundering & Counter-Terrorist Financing regime? It would appear that Australian lawyers (and accountants, real estate agents, trust & company services providers, and high-value dealers) will finally be subject to AML/CTF Act obligations (or a variation). Yes, this AML/CTF consultation for lawyers means that Tranche 2 is on its way.

READ MORE

lpd_duties

LPD Duties

This article will outline the major statutory and regulatory obligations placed upon Incorporated Legal Practices (ILP) and Authorised Principals of ILPs (validly appointed directors, previously known as Legal Practitioner Directors).

READ MORE

peter_drucker_5

“Why does a law firm exist?” Peter Drucker and the 21st Century Law Firm Part 5: Marketing & Innovation in a Law Firm

Entrepreneurship is not a term used frequently in the context of a lawyer or a law firm, nor is the phrase “entrepreneurial lawyer”. In fact the latter phrase to most in the profession has connotations of low or questionable legal ethics (not to be confused with business ethics as they are entirely separate) or has a whiff of cordite about it.

READ MORE