Things can go wrong if you spread yourself too thinly over a wide range of different work types. Working in areas where you have little or no experience increases the risk of an error. In addition, those files can also be very stressful and demand a disproportionate amount of your time and energy. A good strategy to survive and flourish as a practitioner in the current legal environment is to define the work you will do and focus on being exceptional at that defined area of law. It is also sound claims prevention practice.
More on Practice Management
Checklists
Client file audit tool
Engagement/retainer management, Supervision, Resources and information
14 Nov 24
Regular file audits are a crucial aspect of effective practice management, ensuring compliance with key procedures. By conducting audits, the firm can proactively identify and mitigate risks, improve processes, and maintain consistently high-quality work across all client matters. These audits not only highlight unmanaged risks but also reveal opportunities to enhance practices and procedures.
Client Resources
Cyber security — how to protect yourself — Client Brochure
Client resources, Cyber security
08 Nov 24
This brochure is provided by LPLC as a template for lawyers to use for client information purposes. The brochure outlines what the law firm will do when acting for a client and makes recommendations to the client about what they should do to maintain cyber security. Firms can tailor the wording to suit their needs and insert their own branding or to use the sample brochure as it is.
LIJ Articles
Essential strategies for cultivating a risk management culture in a remote work environment
Supervision
01 Nov 24
Cultivating a risk management culture within a firm is an essential part of effective supervision.
Latest News & Alerts
News
LPLC Annual Report 2023-2024
31 Oct 24
The LPLC Annual Report for 2023–2024 was tabled in the Victorian Parliament on 31 October 2024.
Alert
Vacant Residential Land Tax—Changes to ‘Holiday Home’ Exemption
Tax
17 May 24
The Victorian Government has introduced the State Tax Amendment Bill 2024 which, amongst other taxation changes, will (if passed) broaden the holiday home exemption to allow shareholders of companies, as well as certain beneficiaries of trusts and relatives of those shareholders and beneficiaries, to satisfy the exemption for a property owned by a company or trust.
Alert
Snapshot of Major Victorian Property Tax Changes effective from 1 January 2024
Conveyancing, Tax, GST, Leases, Building and Construction, Building and Construction
13 Dec 23
The State Taxation Acts and Other Acts Amendment Act 2023 received Royal Assent on 12 December 2023. The new law introduces significant property tax changes in Victoria with effect from 1 January 2024.