Legal firms routinely handle large sums of money on behalf of clients, which ‘clean’ the money by disguising its origin. This creates a significant overlap between the services a law firm offers and money laundering methods; thus, designating the legal sector as a high-risk industry. 

Amidst greater pressure on the legal industry to address financial crime compliance, how can you protect your law firm from risk, improve regulatory compliance, and avoid fines or reputational damage?

Download this in-depth infographic that covers in detail:

• Guidelines and best practices to help firms and solo-practitioners ensure compliance 
• 3 considerations when implementing best practices
• The current compliance landscape including: screening challenges; common approaches to financial crime compliance; what defines risk; and typical risk screening standards.