risk-management.php

Wellbeing and mental health

The legal profession is overrepresented when it comes to mental illness and in Australia, lawyers are more likely than the general population to experience depression and anxiety. The Brain and Mind Research Institute reported in 2009 that almost a third of solicitors and one in five barristers surveyed suffered from clinical depression during their career.

Law firms and legal industry bodies across Australia are committed to the wellbeing and mental health of all lawyers and there are number of resources to encourage education and awareness of this important issue. Below are just a few.


Resilience@law

Resilience@law is a collaboration between major firms and The College of Law.  It aims to raise the levels of awareness and understanding of the nature and impact of stress, depression and anxiety across the legal profession. To encourage education and awareness of mental health and awareness in the legal profession generally Resilience@Law together with 10 other firms committed funding to work with Black Dog and artist Matthew Johnstone to create a series of videos for mental health month – Staying Well in the Law. Below are the links to the three separate videos and also a link to the full video.


LSSA’s free online health and wellbeing package – 1 CPD unit

The Law Society of South Australia, with a grant received from the Professional Standards Council of Australia, has developed a free online health and wellbeing package that aims to expand participants’ knowledge of mental health issues, and for participants to then contribute to building a culture of wellness and self-care throughout the legal profession. To access the program, go to the Law Society of South Australia ‘s website. You don’t have to be a LSSA member but you will need to create an account and login. Click on the wellbeing and resilience logo at the bottom of the front page to get to the page with the wellness and resilience online program. It should take between one to one and a half hours, and completing it earns you one CPD unit in the compulsory area of professional development.


Tristan Jepson Memorial Foundation

The Tristan Jepson Memorial Foundation’s objective is to decrease work related psychological ill-health in the legal community and to promote workplace psychological health and safety. Since its beginnings in August 2008, the foundation has been at the forefront of building greater awareness of depression and anxiety across all areas of the legal fraternity. It continues to improve education and build effective models of support which focus on mental health wellbeing within the legal education system and the legal profession.  In particular their free Workplace Wellbeing: Best Practice Guidelines that provide a comprehensive set of resources designed to protect and promote psychological health and safety in the legal workplace.


Other useful links 

If you or someone you know are experiencing mental health concerns please contact the following organisations:

Vic Lawyers Health  T: 1300 664 744 | www.viclawyershealth.com.au

Lifeline Australia T: 13 11 14 | www.lifeline.org.au

Beyond Blue  T: 1300 22 4636 |  www.beyondblue.org.au

SANE Australia  T: 1800 18 7263 | www.sane.org

Headspace (for up to 25 years of age) T: 1800 650 890 | http://www.headspace.org.au/

MensLine Australia T: 1300 789 978 | https://mensline.org.au/

Suicide Call Back Service T: 1300 659 467 | https://www.suicidecallbackservice.org.au/

QLife on T: 1800 184 527 | https://qlife.org.au/


1 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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1 October 2018

In Check Issue 80 | September 2018

Conveyancing claims in 2017-18 Conveyancing claims accounted for over 30 per cent of the cost of claims in the last policy year costing an estimated $11.9m. They have consistently been in the top two areas of claims by both number and cost for many years. The mistakes often stem from practitioners not knowing or keeping […]

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3 September 2018

Expect the unexpected

Conveyancing practitioners need to look for non-standard transactions. Victorian law practices act in hundreds of conveyancing transactions every week worth millions of dollars. Conveyancing transactions invariably comprise many moving parts with the potential for things to go wrong, but usually they do not. The challenge is how to maintain your curiosity and vigilance to ensure […]

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1 August 2018

When to say goodbye

Practitioners should act decisively on non-performing clients. Practitioners need to proactively manage clients who do not appreciate the value of their services. This includes knowing when to act decisively by not accepting a retainer or terminating a retainer within r13.1 of the Legal Profession Uniform Law Australian Solicitors’ Conduct Rules 2015. Clients who do not value your services heighten your risks and […]

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1 July 2018

When parents lend to children

Be alert to the risks when advising on parent loans to home buyers. Last year, financial services comparison site Mozo reported that young home buyers in Australia have borrowed $65.3 billion from their families, making the bank of Mum and Dad the country’s fifth biggest lender. The June 2018 LPLC column “Take a step back” […]

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25 September 2018

PEXA, email, electronic funds transfers and cyber-crime

PEXA, email, electronic funds transfers and cyber-crime On 25 June 2018 LPLC published a security warning for PEXA users arising from some recent instances of fraudulent activity impacting PEXA transactions. One of these (‘the MasterChef case’) involved a fraudster entering the PEXA workspace and changing payment account details to divert $250,000 of the proceeds of […]

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25 September 2018

GST withholding practical examples

Download PDF GST withholding practical examples This bulletin contains practical examples in question and answer format of how the purchaser GST withholding provisions work. For general information about the withholding requirements see the bulletin Some purchasers required to withhold GST from 1 July 2018. Contracts signed before 1 July 2018 Question 1 Our clients purchased […]

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4 September 2018

Retrospective changes proposed for residential ‘off the plan’ sunset clauses

Download PDF Retrospective changes proposed for residential ‘off the plan’ sunset clauses The Sale of Land Act Amendment Bill 2018 (Vic) (the bill) recently introduced into parliament contains several important consumer reforms to the Sale of Land Act 1962 (Vic) (the SL Act). The bill proposes amendments to the operation of sunset clauses in residential […]

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14 August 2018

Medical Treatment Planning and Decisions Act 2016 (Vic)

Download PDF Key points   Appointments of medical treatment decision makers and advanced care directives replace medical powers of attorney and refusal of medical treatment certificates from 1 July 2018. Medical power of attorneys entered into before 1 July 2018 are taken to be appointments of medical decision makers. Any refusal of treatment certificates created […]

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7 August 2018

Some purchasers required to withhold GST from 1 July 2018

Download PDF Suggested resources: Vendor/supplier GST withholding notice Key points New GST withholding regime applying to some settlements from 1 July 2018. New notification obligations on vendors of new residential or potential residential land. New notification and withholding obligations on purchasers of new residential or potential residential land. Penalties apply for both vendor and purchaser […]

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19 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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12 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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21 September 2018

Risk management essentials for lawyer directors

Serving on a company board can be rewarding for practitioners in various ways. However, when taking on a directorship, including for a non-profit, you need to be aware of the risks including the potential for the separate roles of director and legal adviser to become blurred. Any lawyer director needs to consider whether they are […]

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14 September 2018

Email instructions in relation to payment of a bank cheque – what would you do?

You are handling a property settlement for a vendor and receive a bank cheque at settlement made payable to the client for the net proceeds of sale. You send an email to the client confirming settlement and advising that you are holding a bank cheque for the client. You receive an email reply asking you […]

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31 August 2018

Are your lender clients secure?

Are your lender clients secure? Failing to put in place proper security for lender clients was one of the most costly mistakes in our mortgage claims in the last policy year where the total mortgage related claims accounted for 19 per cent of the cost of all claims. We have recently updated our Keep managing […]

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7 May 2018

Key Risk Checklist: Sale of land – questions for the vendor

Sale of land – questions for the vendor   Instructions ☐  Please circle yes or no as applicable. ☐  Please provide the additional information as indicated e.g. a copy of your title(s). ☐  If you do not know the answer or are unable to provide the additional information please insert the words ‘not known’. ☐ […]

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24 April 2018

Key Risk Checklist: GST

GST is not simple but there are some easy steps you can take to help protect you and your clients. References to divisions and sections can be found in A New Tax System (Goods and Services Tax) Act 1999 (Cwlth). GST alert – for contracts entered into from 1 July 2018, purchaser to collect and […]

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27 January 2018

Risk management audit checklist

Don’t wait for the worst to happen – use this audit checklist to determine and monitor whether your practice is at risk of a negligence claim. Introduction This audit checklist is a risk management tool for legal practitioners to determine and monitor whether their practice is at risk of a negligence claim arising from poor […]

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18 December 2017

Key Risk Checklist: Electronic property transactions – office management

Electronic property transactions – office management checklist Office policy content Below is a list of issues to consider when writing your office policy and recommended responses. ☐  Who will hold a digital signature? The digital signature is embedded in a USB. Preferably only partners have digital signatures. ☐  How a digital signature’s USB and pin […]

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18 December 2017

Key Risk Checklist: Electronic property transactions

Electronic property transactions – matter checklist ☐  Is there an electronic transaction clause in the contract? ☐  Discussed with the client whether the conveyance can be done electronically or on paper. – Land Use Victoria has announced that all transaction will be electronic by August 2019. ☐  Client told consequences of conducting electronically. Any paper […]

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17 September 2018

Small business big risk

Since LPLC published the first edition of Small business – big risk there have been some changes in the legal landscape which are particularly relevant to transactions for the sale of small businesses including the introduction of: the Estate Agents (General, Accounts and Audit) Regulations 2008, which has made substantial changes to both the form and content […]

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6 August 2018

Pitfalls in personal injury litigation

Personal injury litigation Clients seek out litigation lawyers only when something has gone wrong. In the personal injury arena, they have the added difficulty of dealing with a physical or mental impairment and its consequences. This means the relationship is going to be challenging from the start. It can be made even more difficult if […]

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24 July 2018

Keep managing mortgage risk

Additional mortgage downloads Solicitor’s Certificate – Direct Borrower Solicitor’s Certificate – Third Party, Guarantor etc Translator’s Certificate Client acknowledgement Introduction From 1 July 2015 to 30 June 2017 LPLC has received 43 mortgage claims at a total estimated cost of $3M. Smaller law firms continue to be more vulnerable to these types of claims. Of […]

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24 April 2018

Avoiding superannuation claims

Introduction Every year LPLC sees claims involving superannuation funds. Claims sometimes arise because the practitioner does not have sufficient knowledge or experience with superannuation matters. Practitioners who regularly act in this area will agree that extensive expertise and understanding is required to properly advise clients and to have the best chance to avoid a claim. […]

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24 January 2018

A guide for executors

18 frequently asked questions about being an executor. This booklet provides a guide, in question and answer format, for executors about their role, their obligations and what is involved in managing and finalising an estate in Victoria. For more information executors should contact their legal practitioner. 1 Who is an executor? An executor is a […]

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5 October 2018

Risk video bite – Fake bank account details

Presenter: Heather Hibberd, LPLC Chief Risk Manager

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7 September 2018

Risk video bite – defective section 32 statements

Presenter: Phillip Nolan, LPLC Risk Manager

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6 July 2018

Risk video bite – Conflicts

Presenter: Matthew Rose, Risk Manager, LPLC

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1 June 2018

Risk video bite – Personal cost orders

Presenter: Matthew Rose, Risk Manager, LPLC

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4 May 2018

Risk video bite – Family law financial agreements

Presenter: Alex Macmillan, Claims Manager, LPLC

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4 September 2018

Retrospective changes proposed for residential ‘off the plan’ sunset clauses

Download PDF Retrospective changes proposed for residential ‘off the plan’ sunset clauses The Sale of Land Act Amendment Bill 2018 (Vic) (the bill) recently introduced into parliament contains several important consumer reforms to the Sale of Land Act 1962 (Vic) (the SL Act). The bill proposes amendments to the operation of sunset clauses in residential […]

More
15 August 2018

Vendor/supplier GST withholding notice

There is no prescribed form for section 14-255 supplier GST withholding notice. Below is a suggested form of notice practitioners are welcome to use or adapt.Page two of the notice contains some notes for its use.   Vendor_supplier GST withholding notice(PDF Version) | Vendor_supplier GST withholding notice(Word Version)    

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14 August 2018

Medical Treatment Planning and Decisions Act 2016 (Vic)

Download PDF Key points   Appointments of medical treatment decision makers and advanced care directives replace medical powers of attorney and refusal of medical treatment certificates from 1 July 2018. Medical power of attorneys entered into before 1 July 2018 are taken to be appointments of medical decision makers. Any refusal of treatment certificates created […]

More
7 August 2018

Some purchasers required to withhold GST from 1 July 2018

Download PDF Suggested resources: Vendor/supplier GST withholding notice Key points New GST withholding regime applying to some settlements from 1 July 2018. New notification obligations on vendors of new residential or potential residential land. New notification and withholding obligations on purchasers of new residential or potential residential land. Penalties apply for both vendor and purchaser […]

More
27 June 2018

GST withholding special condition

Download PDF GST withholding 1.1. In this special condition, section references are to Schedule 1 of the Taxation Administration Act 1953 (Cwth) as amended by Treasury Laws Amendment (2018 Measures No.1) Act 2018 (Cwth) and asterisked terms have the same meanings as when used in that schedule. 1.2. If section 14-255(1) applies to the supply […]

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