Will Bartlett* As an employer looking to hire top talent within the legal field, much of your focus is on the credentials of your prospective employees- but are you additionally questioning the processes you have set in place to protect the information of those you’re profiling for a job? Cybercriminals will target law firms in […]
Vincent McCartney* Phase 2 of the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act) is now live for accountants in practice and lawyers. These professionals are now required to perform ‘customer due diligence’ on their clients to verify their identity and ‘know your customer’ (KYC). The traditional method of identifying a client is
The Anti-Money Laundering Tool That Permits ID Verification in Seconds Read More »
The ability of new technology to increase the lawyers’ efficiency continues to expand along with the technology driven by new AI apps. But now, with the introduction into New Zealand of the Dragon ‘Anywhere’ app, there is a true ability for an increasingly mobile legal workforce to maintain and increase their productivity with the power
NZ Law Tech News – Dragon Naturally Speaking Goes Mobile – Big Time Read More »
Record keeping is often found to be a problematic area during an AML CFT audit. The lack of record keeping is more common in small and medium sized businesses where communications between staff are informal. To meet the criteria of record keeping it is recommended you consider the following – Should a meeting between
The Importance of Record Keeping in Anti-Money Laundering Compliance Read More »
In what appears to be a relatively crowded practice management marketplace in New Zealand, with some heavyweight incumbents in place, it may raise some eyebrows to have a brand new entrants arrive. And moreso given that the latest to enter the market was set up in its Irish birthplace to do something that may may
Sponsored Content Healthcare has a mixed relationship with technology. Many industry influencers and spokespeople like to wax lyrical about the transformative nature of technology when applied to healthcare settings – with Aubrey de Grey, co-founder of the SENS Research Foundation, going so far as to say that the first human to live to over 1,000
Kerry Grass* Client profiling applies to your client, as well as the beneficial owner(s) and effective controller(s). By applying a profile across your client base, you can more readily identify your higher risk clients. To establish a client profile, you first need to determine those characteristics that, if present, would increase ML/FT risk. The greater
Anti-Money Laundering – What is Client Profiling and Why Is It Needed? Read More »
Sponsored – Tom Caine – Productivity is important in any organization, even in a law firm. From the senior partners to the assistants, everyone should be productive to deliver the best outcomes for all the things that they do. How is this possible? The rest of this post has some of the productivity lessons that
Sponsored Post: VPGuvnor – The internet today is such a significant part of everyone’s life, none much more so than children. They spend so long chatting with friends or playing games, and if parents are lucky, they might be doing their homework. It is a fact though that no matter what your child is doing
The legal industry has been around for an extremely long time, but firms will have to change in the future as increased competition and technology increasingly affects the profitability and success of legal businesses. While many lawyers are reluctant to make changes, there is increasingly a need to focus on new or alternative business avenues
5 Legal Services Lawyers Should Start Offering Online Read More »
