Risk management

"The next board meeting of every law firm should have on its agenda the following item: why have we not read this book?"

Operational resilience is no longer optional. Writing in NLJ this week, Emma Radmore and Michael Lewis of Womble Bond Dickinson explain how UK regulators expect firms to identify ‘important business services’ that could cause ‘intolerable levels of harm’ if disrupted

Emma Radmore & Michael Lewis of Womble Bond Dickinson consider the drivers & concerns for UK financial institutions

The current state of geopolitics is so volatile it is ‘fundamentally reshaping’ the role of general counsel, according to a report by a global network of law firms

The dangers of uncritical artificial intelligence (AI) use in legal practice are no longer hypothetical. In this week's NLJ, Dr Charanjit Singh of Holborn Chambers examines cases where lawyers relied on ‘hallucinated’ citations — entirely fictitious authorities generated by AI tools

Hallucinated case law is one of the major pitfalls of using technology in legal practice, writes Dr Charanjit Singh

The land registration gap leads to delays & claims, writes Phil Murrin. How can practitioners minimise the risks?

Delays at HM Land Registry are no longer a background irritation but a growing source of professional risk. Writing in NLJ this week, Phil Murrin of DAC Beachcroft explores how the ‘registration gap’—now stretching up to two years in complex cases—is fuelling client frustration, priority disputes, and negligence claims

Barristers have been warned to be on guard against anthropomorphism, hallucinations, information disorder, bias in data training, mistakes, data protection blunders and confidential data leaks when using generative artificial intelligence (AI)

Cyber resilience goes beyond documentation. Businesses should stress-test their response in real time, writes Jack Morris