During 2012 all legal practices will have to have a designated officer for legal practice (COLP) as well as a compliance officer for finance & administration (COFA). As the burden of monitoring and enforcing compliance increases firms need to devise systems and processes to support their Compliance Officer to effectively and efficiently monitor their practices.

In order to do this Linetime have released their Outcome Focused Regulations & Lexcel v5 module. This module is available as part of the Liberate practice management and case management systems and supports:
• Managing policy and office procedure documentation
• Case overview, featuring the file review checklists & monitoring areas of compliance ie money laundering, conflict check, risk status, key dates
• Client care documentation (Charging structures, Client Objectives, Agreed next stages, Terms & Conditions, Equality & diversity monitors)
• Monitor progress (Quick access to view all files and their current compliance status, File review checklist and risk monitor, High risk – automatic notification to risk officer, Risk register, Complaints register and manager, Personnel Management)

If you would like to see a demonstration of the new Linetime software they are holding a CPD accredited breakfast seminar in conjunction with LBSLEGAL on Thursday 19th January 2012 at the Carrwood Business Park, Selby Road, Leeds LS15 4LG. 3 hours CPD accredited – £45 + vat per delegate. For more information and to reserve your place call Kathryn Holmes at Linetime Limited now on 0113 250 0020 or email kathrynh@linetime.co.uk