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From garage to unicorn – Employment law lessons for scaling tech teams
Catherine Bourne
Today being UN World Environment Day, no doubt many law firms and their employees will be reflecting on how they can do more in this important area.
Others are also reflecting on how to do more. Climate change is moving up the agenda of legal regulators worldwide and into the world of legal ethics. That will have an impact for all law firms.
Yesterday the FRC launched the pithily-titled “Scalebox” initiative to help smaller firms which carry out audits in the Public Interest Equity (PIE) market. Firms within Tier 2 and Tier 3 for FRC Supervision and those firms which intend to enter the PIE audit market can now join the Scalebox to receive additional guidance from the FRC.
It’s been over a year since the government launched its call for evidence on SLAPPs (strategic lawsuits against public participation), seeking the views of the public on introducing legislation to address this perceived problem.
This blog covers some important developments in the AML world since our last update for legal practitioners and law firms.
Updates to Legal Sector Affinity Group (“LSAG”) AML guidance
The LSAG AML guidance for the legal sector, designed to help legal professionals and firms comply with the Money Laundering Regulations 2017 (as amended), was updated on 28 March 2023.
In a recent survey of over 400 students at the University of Cambridge, nearly half said they had used ChatGPT to help with work for their degrees.
The online survey was conducted by Varsity, the University’s independent newspaper, and found that 47.3% of the respondents admitted to using ChatGPT, or other similar Artificial Intelligence (AI) chatbots, for their academic work.
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