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19th October, 2018

Be sure before disbursing trust money

When acting as stakeholder, you need to check that any conditions for disbursing the money have been strictly met and keep appropriate documentary evidence. In one claim, a practitioner acted for a company that was to be nominated by an affiliate as the purchaser of a property for development. The client needed to raise capital […]

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12th October, 2018

Go back and check!

When drafting documents to formalise previously agreed arrangements, how careful are you to go back and review your client’s instructions and relevant documents such as heads of agreement? Relying on your memory or making assumptions is fraught with risk. In one claim, a practitioner drew a suite of documents for the seller of a business […]

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5th October, 2018

Risk video bite – Fake bank account details

Presenter: Heather Hibberd, LPLC Chief Risk Manager

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1st October, 2018

What can go wrong?

Every firm needs to develop risk management strategies As part of managing a practice, you need to invest time in identifying what can go wrong in your matters and devise appropriate risk management strategies. You should not assume knowing the law in your areas of practice and being diligent in your work is enough to […]

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1st October, 2018

In Check Issue 80 | September 2018

Table of contentsConveyancing claims in 2017-18New conveyancing initiativesElectronic conveyancing deadline – 1 October 2018Sunset provisions in residential off the plan contractsGST Withholding provisionsSmall business definition now $450,000Risk management seminarsWhat’s new on LPLC’s websiteChanging your email address? Conveyancing claims in 2017-18 Conveyancing claims accounted for over 30 per cent of the cost of claims in the […]

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