Why Every Successful Business Needs A Risk RegisterWhy Every Successful Business Needs A Risk Register Does your business have a risk register? If not, you are neglecting a powerful tool that can not only protect you from risk-related disasters, but also help identify...

Do You Need To Rightsize Your Business In 2024? With a new year rapidly approaching, it is the perfect time to reassess your business to ensure you have the strategies in place to hit your 2024 growth targets. The surge in energy prices and the challenges posed by the cost of...

How To Minimise The Risks of Late/Non Payment of Invoices How To Minimise The Risks Of Late/Non Payment Of Invoices French revolutionary Bertrand Barère de Vieusac said that Britain was a "nation of shopkeepers."[1]Being a) French, at a time when the two countries were either...

Using Arbitration To Resolve Shareholder Disputes Using Arbitration To Resolve Shareholder Disputes  Using Arbitration To Resolve Shareholder Disputes Whether your company has two shareholders or two thousand, it is almost inevitable that there will be disagreements at some...

SRA Issues First Fixed Penalties For Fee Transparency Non-Compliance SRA Issues First Fixed Penalties For Fee Transparency Non-Compliance Is your law firm’s fees/prices page/section up-to-date and compliant with the SRA Transparency Rules? If it’s not, you might want to address...

Tribunal Rules Company's AI's Activity Beyond Material Scope of GDPRTribunal Rules Company’s AI’s Activity Beyond Material Scope of GDPR  In what will come as a relief to AI focused technology companies, the First Tier Tribunal (FTT) has overturned the Information...

Why Your Company Needs A Legal Health Check  Why Your Company Needs A Legal Health Check Readers who have celebrated their 40th birthday at some point may remember getting a letter from the NHS inviting them to attend an over 40s health check. This involves several tests,...

How To Create An ESG Framework (And Why You Should)  How To Create An ESG Framework (And Why You Should) Everyone in the business world is talking about ESG (Environment, Social, and Governance) these days. And for good reason. Although Prime Minister, Rishi Sunak, recently...

What Is A Data Transfer Risk Assessment? Many companies engage in a complex web of data transfers - which can include email addresses, phone numbers, employment details, and financial information - to overseas recipients. If you are transferring personal data from the UK, it is...

What is Greenwashing in Business? In case you fear you have hit on the wrong article, rest assured dear reader, this is not a guide on how to wash green stains out of your clothes or be more environmentally friendly when doing your laundry. No, this article covers greenwashing...

How A Franchise Agreement Can Reduce The Risk Of Disputes How A Franchise Agreement Can Reduce The Risk Of Disputes Reaching a level of success that allows you to contemplate franchising your business is an incredible achievement and one of which you should be proud. It is...

Protect Your Brand's Reputation on Social Media  Protect Your Brand’s Reputation On Social Media Social media has revolutionised business communication, therefore, it is crucial to protect your brand’s reputation on social media channels. Readers who began their working lives...

The Total Cost Of Not Managing Project Risks   Most people are well aware of the importance of conducting a comprehensive risk assessment before beginning a new project. However, with the current high inflation/high interest rate economic environment, investing in risk...

Managing Risks Associated With Sexual Misconduct Allegations In The #MeToo Age.In mid-June 2023, a former senior solicitor at an international firm was struck off the Roll of Solicitors following one of the longest and most expensive Solicitors Disciplinary Tribunal (SDT) cases...

Why You MUST Have A Partnership Agreement  Most people who decide to form a partnership are completely unaware that the legislation governing such arrangements was enacted in Queen Victoria’s reign. That’s right, the Partnership Act 1890 came into force at a time when...

Prevent Family Business Disputes With A Shareholders' Agreement  When Napolean accused the British of being a nation of shopkeepers, he meant it as an insult. However, it is actually a testament to our entrepreneurial spirit. Small businesses make up 99.2% of the UK...

ChatGPT – Opportunities And Legal Implications For Businesses  Depending on what you read and your personal views on technology, ChatGPT is either an amazing tool that will eliminate the drudgery of answering customer questions and writing...

How Do I Deal With A Data Breach? Open any newspaper or magazine these days and you are guaranteed to find an article covering AI or ChatGPT (or both). Everyone seems to be getting incredibly excited about what the latter especially can provide in terms of taking over...

When Should A Risk Assessment Be Carried Out? Compliance and risk assessments go together like coffee and cake, tea and scones, Ross and Rachael – you get the idea – you cannot have one without the other. Regardless of your compliance duties and responsibilities, be they under...

Defining and Excluding Consequential Loss In a Contract  Defining and Excluding Consequential Loss in a Contract The case of Hadley v Baxendale [1854] EWHC Exch J70 provides a fundamental rule for determining whether the losses stemming from a breach of contract are within the...