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
I have been asked on a few occasions recently ‘What should be included in a CQS Purchase of a Leasehold Policy‘. The leasehold landscape is rapidly changing, so your firm’s policy should be frequently under review. During a recent CQS mock audit I noted a particularity thorough policy where the table of content included: Financial implications…
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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…