Posts Tagged ‘Legal’
Webinar: AI in legal services—risk management of AI
AI in legal services series: Risk management of AI Webinar summary Sixty percent of large law firms are looking into AI. However, there are still concerns about safe usage and ethical compliance. Data security is a big issue; firms need to understand regulations and ensure clients give informed consent regarding their data, as many have…
Read MoreWebinar: How to improve the relationship with fee earners
How to improve the relationship with fee earners Webinar summary This session covers how compliance teams can improve their relationship with fee-earners while strengthening risk assessments. Our guest speakers talk about using a mix of technology and traditional methods, like client risk assessment forms that promote deeper thinking beyond simple checkboxes. The session also highlights…
Read MoreHow to improve client care in law firms with due diligence
Exceptional client care means delivering a high standard of service. Truly knowing the client doesn’t start when you begin client matter work, it starts at the onboarding stage.
Read MoreBest customer due diligence tools for qualitative information
Compliance data sets alone aren’t enough to fully understand a client’s background. AML teams need tools that give insight into why a client is on a PEP, sanction list, or watchlist.
Read MoreThe impact of AI on law firm revenue growth
Have an ambitious law firm revenue growth target? Here’s why you need access to the right data using sophisticated AI technology.
Read MoreFriction in your client intake process? AI can help
Client intake is a multifaceted process that involves compliance teams working across various tools and systems. It typically takes 30 to 90 days to onboard a new client, largely due to the manual effort involved in Customer Due Diligence (CDD).
Read MoreReshma Raja from RPC on 5 guardrails to adopt AI safely
AI is on the radar for many law firms this year. In fact, over 60% of large firms are actively exploring its potential. However, there’s still hesitation around how to use the technology safely.
Read MoreUncovering hidden red flags in your due diligence reports
Whether you’re a fee earner or head of compliance, recognising financial crime red flags is crucial. Criminals naturally want to reveal as little as possible about themselves. The only way to get the full picture is by conducting deep due diligence on them.
Read MoreWhy search engines aren’t reliable risk assessment tools
Search engines might seem like the obvious tool for customer due diligence. But the reality of using them is more complex than that.
Read MoreHow AI can transform due diligence into strategic insight
In today’s world, figuring out if we can partner with someone isn’t enough. We need to ask if we should.
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