Laura Devine Solicitor’s head of compliance Natasha Chell quoted in The Times.
Now lawyers are strategic advisers
In-house general counsels are facing diverse challenges as demands on their expertise rise, with increased regulation in the wake of the financial crash, along with the need to create value.
A requirement already exists for law firms to report misdemeanours. Natasha Chell, head of compliance at Laura Devine Solicitors, finds the Solicitors Regulation Authority (SRA) guidance a constant demand. “The ‘grey areas’ can keep you up at night, especially as there is a requirement to report any material breaches of the regulations to the SRA,” she says.
The trick is to stay calm. “Maintaining a common-sense approach and balancing risk management so that it does not stifle the business is important,” says Ms Chell.
Charles Orton-Jones - The Times
An online version of the article can be found here.