From 1 August 2022, the UK government will introduce the register of overseas entities. Law firms acting on behalf of clients in particular lawyers dealing with property transactions involving overseas entities will need to consider whether they are impacted.
Digital Payments is the newest addition to the Verify 365 client onboarding solution, a fast and safe way for clients to make Payments on Accounts using credit, and debit cards directly from their device .Verify 365 digital payment feature makes it easier than ever for law firm clients to securely pay their legal fees online.
Over the past two years, society has leapfrogged into a new digital age. Restrictions, lockdowns, and law practice closures have driven consumers toward online legal platforms and virtual law apps such as Lawyer 365, with demand for digital legal services at record highs.
Client experience, not a phrase thrown around much. In some circles it isn’t used because they don’t know what it means, in other circles they don’t use it because it doesn’t matter to them and to others don’t mention it because they take it as a given that a good client experience must be given.
More than ever before, law firms are striving to increase fees through faster, easier and lower-cost, digital channels. Yet, the current regulatory and cybersecurity landscape creates a layer of complexity.
Remote and automated anti-money laundering checks (AML) and biometric ID verifications (eIDV) become more critical and challenging as legal transactions move online. Identifying and onboarding your clients, checking PEPs and sanctions lists, verifying their addresses,
ID verifications have become paramount to law firm online security, so much so that the governments are cracking down on organisations and conventional processes that fall short in protecting themselves and their clients.