Tag: Audit
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How will you know when you have been selected for a CQS audit?
The Law Society CQS Team holds the responsibility of making decisions regarding practice assessments, actively and reactively selecting which practices will undergo an audit. The selection process may involve random choices or be based on data indicating a need for engagement. During the annual reaccreditation application process, practices submit extensive information to the Law Society.…
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CQS Purchase of a Leasehold Policy
The Law Society’s Conveyancing Quality Scheme (CQS) establishes key management standards for leasehold property transactions, focusing on financial implications, ground rents, marketability, extended mortgage terms, management information, referrals, and building safety procedures. Comprehensive reporting ensures clients are well-informed about lease liabilities and obligations prior to exchange.
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Lender File Requests: Do you feel lucky?
Receiving a letter from a lender requesting a number of your firm’s conveyancing files is like playing out the “Do You Feel Lucky” scene from the movie Dirty Harry. One day things feel great in the conveyancing department and the next day the pesky lender – a ‘so called’ client – is on your case.…
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Lender Audits and the Prophet of Doom
I’m a specialist in risk, so I can sometimes be accused of being a little conservative in outlook, even for a lawyer. But I suspect that this blog post will have some lawyers reaching for their thesaurus to find stronger words, like “worrier”, “pessimist” or even “doom-monger”. I’m sticking my neck out today to predict…