Compli is a bespoke risk management and compliance consultancy service providing advice and assistance, with the benefit of legal professional privilege and protection of professional indemnity insurance, to lawyers and legal sector stakeholders, including banks, investors, insurers and brokers, on risk management and compliance, business management and strategy, and training on regulatory and statutory obligations, either face to face or online.
Why choose us?
Our award-winning Compli team of solicitors with extensive experience of risk and compliance issues, supported by Weightmans' lawyers and industry experts, offers advice and assistance to law firms and other businesses in the legal sector, enabling them to navigate their way through the ever-changing regulatory landscape by promoting and implementing sound regulatory practice and robust financial systems, underpinned by incisive commercial advice on business management and structure, as well as employment, HR, corporate and insolvency advice delivered by specialist teams with outstanding experience in their disciplines.
Staying on top of regulatory obligations, policing financial systems, remaining compliant and operating in line with industry requirements must be a priority for law firms. Unlike many risk and compliance consultancy services, we are a full service law firm and are able to provide legal advice upon which firms can rely with the benefit of legal professional privilege, and which comes with the protection of professional indemnity insurance.
What do we do?
The suite of services provided to those involved in the legal sector offers a range of solutions including regulatory audit and financial review, establishing and embedding systems, customised software to assist in understanding and managing risk, support and training to COLP and COFAs and advice on professional conduct issues and representation in disciplinary matters.
Our objective is to help firms mitigate risk, improve efficiencies and increase profitability. From one-off projects to ongoing support across a wide range of issues, we work with firms to develop and improve their systems and procedures, to identify areas of non-compliance and provide simple, commercially viable, effective solutions.
We can act under a tailor-made, fixed fee annual retainer service with access to our dedicated helpline, agreed fee for individual projects, or hourly rates, whichever best suits your business.
The support from Compli allows you and your firm to manage the compliance challenge efficiently and effectively, freeing up your time to concentrate on generating income whilst leaving regulatory, compliance and a range of other issues in the hands of experts.
Compli also works with investors, banks, insurers and brokers, to identify whether a business is robust and stable from a regulatory and financial basis, carrying out due diligence, pre and post inception insurance compliance health checks to assess risk and reviewing claims.