LATEST NEWS FROM PDA LEGAL TEAM

Source of Funds versus Source of Wealth.


The team at PDA Legal has produced this useful article that provides clarity on this topic for firms that conduct work within and outside of the MLR areas. Setting out the differences between the two, it offers tips and guidance on monitoring, key controls and dealing with concerns.
https://pda-legal.co.uk/articles/source-of-funds-vs-source-of-wealth
And, Lexcel firms will find it useful for requirements 5.13, 5.14 and 5.18.

Law Firm Data Breach Statistics (Updated 2024).


Hot off the press from the PDA Legal team, Recognising Excellence brings you this concise article on a topic that no firm can afford to overlook.
In numbers and snapshots, the content makes for uncomfortable reading, but also prompts helpful discussion in support of measuring risk to data, and the controls intended to manage it.
https://pda-legal.co.uk/articles/law-firm-data-breach-statistics
And, Lexcel firms will find it useful for requirements 3.1, 3.2, 3.3, 3.5, 4.3, 5.1, 5.18, 5.14, 5.18, 6.1 and 7.3.

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