In The Know

In The Know

Home 9 In The Know

Legal Services Articles – In The Know

Legal services articles and information for businesses and the legal sector – giving you information and sharing our knowledge.

Understanding The New EU Product Liability Directive

Understanding The New EU Product Liability Directive

Understanding The New EU Product Liability Directive  Although the UK is no longer part of the European Union, as our largest trading partner, its laws can still have considerable impact on UK businesses. The latest one SMEs especially need to understand is the new Product...

read more
Business Risk Management Strategies To Avoid Insolvency

Business Risk Management Strategies To Avoid Insolvency

Business Risk Management Strategies To Avoid Insolvency   Insolvency is a little bit like weight gain. Everything seems fine, and then one day, you suddenly find you cannot zip up your jeans. “How did that happen?” you wonder. Then the memories of too many cakes and...

read more
How To Remove A Shareholder

How To Remove A Shareholder

How To Remove A Shareholder  Setting up a company or attracting new investment is an exhilarating time. Shareholders provide the capital lifeblood that allows an organisation to grow and prosper. However, when you are in the day-to-day zone of running your SME, it can be...

read more
Unregulated Legal Service Providers And Consumer Protection Law

Unregulated Legal Service Providers And Consumer Protection Law

Unregulated Legal Service Providers And Consumer Protection LawUnregulated businesses are an important part of the legal service industry. They provide flexible and often cheaper alternatives to regulated law firms. Falling outside the Solicitors Regulation Authority (SRA), it...

read more
The Tale Of Wagatha Christie – Counting Costs

The Tale Of Wagatha Christie – Counting Costs

The Tale Of Wagatha Christie - Counting Costs In October 2019, Colleen Rooney set the internet ablaze when she accused, via a Twitter post, her former friend, Rebecca Vardy, of leaking private information about her to The Sun newspaper. In the Twitter post, Ms Rooney stated...

read more
Your Due Diligence Checklist When Buying A Business

Your Due Diligence Checklist When Buying A Business

Your Due Diligence Checklist When Buying A Business It may come as a shock to realise that we are fast approaching the last quarter of 2024. This is a time when directors start consolidating their company's plans for the next year. If yours involves expanding your business...

read more
Courts Can Force Parties to Use ADR

Courts Can Force Parties to Use ADR

Courts Can Force Parties To Use Alternative Dispute Resolution​ Churchill v Merthyr Tydfil County Borough Council [2023] EWCA Civ 1416 (29 November 2023) It is hard to overemphasise the significance of the Court of Appeal’s decision in Churchill v Merthyr Tydfil County Borough...

read more
How Can I Avoid A Contract Dispute?

How Can I Avoid A Contract Dispute?

How Can I Avoid A Contract Dispute? Contracts are the glue that holds the commercial world together. They enable ventures that drive growth and innovation. However, they are also the leading cause of business disputes. We want to share with you the top five mistakes that, if...

read more
EU AI Act Comes Into Force 1 August 2024

EU AI Act Comes Into Force 1 August 2024

EU AI Act Comes Into Force 1 August 2024 EU AI Act Comes Into Force 1 August 2024 Those who expected the new Labour Government to introduce legislation strengthening controls around artificial intelligence (AI) may have been disappointed by the July 2024 King's Speech. In his...

read more
FAQ – Third-Party Risk Management

FAQ – Third-Party Risk Management

FAQ - Third-Party Risk Management A crucial part of any organisation's ESG (Environment, Social, and Governance) framework is third-party risk management (TPRM). Although you may have your own house in order regarding an environmental strategy, and you pay strict attention to...

read more
Conducting A Data Protection Impact Assessment

Conducting A Data Protection Impact Assessment

Conducting A Data Protection Impact Assessment   Regular readers of 43Legal's blog will have seen us mention the importance of conducting a Data Protection Impact Assessment (DPIA) to ensure compliance with the UK GDPR. Understanding what a DPIA is and how to undertake one...

read more
A Guide To The ICO’s Approach To Regulating AI

A Guide To The ICO’s Approach To Regulating AI

A Guide To The ICO's Approach to Regulating AIWhen it comes technology generally, if you were ever in doubt about the truth of the saying "if it's free, you're the product”, consider the recent announcement by Meta, the owner of Facebook and Instagram, to its European customers...

read more
What is the UK Government’s Smarter Regulation White Paper?

What is the UK Government’s Smarter Regulation White Paper?

What is the UK Government's Smater Regulation White Paper?  What is the UK Government’s Smarter Regulation White Paper? In case you had not noticed, there will be a national election next month. British Prime Minister, Rishi Sunak is relying on positive economic indicators,...

read more
Risk Management And Joint Ventures

Risk Management And Joint Ventures

Risk Management And Joint Ventures Risk Management And Joint Ventures   Joint ventures provide brilliant opportunities for entry into untapped markets and/or the development of new products. But like all great romances, be they personal or business, there is potential for...

read more
The Latest News Around ICO Data Protection Enforcement

The Latest News Around ICO Data Protection Enforcement

The Latest News Around ICO Data Protection Enforcement In December 2023, the Information Commissioner’s Office (ICO) announced it had dropped its investigation into the 2020 data breach by easyJet. The breach resulted in the theft of personal details and travel itineraries of...

read more
Spotlight On The Proposed UK Cyber Governance Code Of Practice

Spotlight On The Proposed UK Cyber Governance Code Of Practice

Spotlight On The Proposed UK Cyber Governance Code of PracticeSpotlight On The Proposed UK Cyber Governance Code Of Practice In 2017, a global ransomware attack known as WannaCry, affected 150 countries and sectors. In the UK, it targeted NHS England, and over a third of trusts...

read more
Managing The Risks Around NDAs

Managing The Risks Around NDAs

Managaing The Risks Around NDAs  Although it is seven years since Harvey Weinstein was exposed, the wide-reaching ramifications of the scandal continue, especially regarding Non-Disclosure Agreements (NDAs). Earlier this month, the Legal Services Board (LSB) published its...

read more
What Is Good Corporate Governance

What Is Good Corporate Governance

What Is Good Corporate Governance  Corporate governance is the ‘G’ in ESG (Environment, Social, and Corporate Governance). It is arguably the most important component because having good corporate governance means a company has the framework in place to build great...

read more
A Step By Step Guide To Recovering A Disputed Business Debt

A Step By Step Guide To Recovering A Disputed Business Debt

A Step By Step Guide To Recovering A Disputed Business DebtDisputed Business Debt Recovery – A Step By Step Guide Recovery of a disputed business debt is not a task most business owners relish because precious time and energy must be employed to justify all or part of the money...

read more
Five Things You Must Check Before Signing Terms And Conditions

Five Things You Must Check Before Signing Terms And Conditions

Five Things You Must Check Before Signing Terms And Conditions Five Things You Must Check Before Signing Terms And Conditions Let's begin this article with some honesty – terms and conditions are distinctly unsexy. Consequently, many businesses make them a low priority, meaning...

read more
Why Every Successful Business Needs A Risk Register

Why Every Successful Business Needs A Risk Register

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...

read more
Do You Need To RightSize Your Business In 2024?

Do You Need To RightSize Your Business In 2024?

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...

read more
How To Minimise The Risks Of Late/Non Payment Of Invoices

How To Minimise The Risks Of Late/Non Payment Of Invoices

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...

read more
Using Arbitration To Resolve Shareholder Disputes

Using Arbitration To Resolve Shareholder Disputes

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...

read more
Why Your Company Needs A Legal Health Check

Why Your Company Needs A Legal Health Check

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,...

read more
How To Create An ESG Framework (And Why You Should)

How To Create An ESG Framework (And Why You Should)

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...

read more
What Is A Data Transfer Risk Assessment?

What Is A Data Transfer Risk Assessment?

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...

read more
What is Greenwashing in Business?

What is Greenwashing in Business?

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...

read more
How A Franchise Agreement Can Reduce The Risk Of Disputes

How A Franchise Agreement Can Reduce The Risk Of Disputes

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...

read more
Protect Your Brand’s Reputation on Social Media

Protect Your Brand’s Reputation on Social Media

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...

read more
The Total Cost Of Not Managing Project Risks

The Total Cost Of Not Managing Project Risks

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...

read more
Why You MUST Have A Partnership Agreement

Why You MUST Have A Partnership Agreement

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...

read more
Prevent Family Business Disputes With a Shareholders Agreement

Prevent Family Business Disputes With a Shareholders Agreement

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...

read more
How Do I Deal With A Data Breach

How Do I Deal With A Data Breach

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...

read more
When Should A Risk Assessment Be Carried Out?

When Should A Risk Assessment Be Carried Out?

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...

read more
Defining and Excluding Consequential Loss In A Contract

Defining and Excluding Consequential Loss In A Contract

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...

read more
A Guide To Resolving Board Disputes

A Guide To Resolving Board Disputes

A Guide To Resolving Board DisputesA recent boardroom dispute has resulted in the collapse of a proposed merger between Edinburgh-based Capricorn Energy and Newmed (Israel’s leading energy partnership). In late January 2023, the chief executive, chair, and three directors of...

read more
Lessons From Pepsi, Where’s My Jet?

Lessons From Pepsi, Where’s My Jet?

Lessons From Pepsi, Where's My Jet?Remember the 90s? If you are over 40, you probably look back to the time of Cool Britannia, MTV, Friends, and the Spice Girls and marvel at how innocent and uncomplicated life was. The tragedy that was 9/11 only existed in the minds of...

read more
Avoiding Legal Ombudsman Complaints

Avoiding Legal Ombudsman Complaints

​Avoiding Legal Ombudsman ComplaintsAside from debt collection, dealing with customer complaints is probably the most dreaded part of being a Solicitor. Most people enter the legal profession with a desire to help others, therefore, having to digest client complaints can be...

read more
How To Avoid Contract Termination Disputes

How To Avoid Contract Termination Disputes

How To Avoid Contract Termination DisputesHow To Avoid Contract Termination Disputes The contractual clause that allows one party to terminate an agreement is a powerful provision. Drafted correctly, a contract termination clause can mitigate the risk of disputes which can not...

read more
Understanding Solicitors Regulation Authority Principles

Understanding Solicitors Regulation Authority Principles

Understanding Solicitors Regulation Authority PrinciplesUnderstanding Solicitors Regulation Authority Principles The Solicitors Regulation Authority (SRA), the regulatory body that oversees solicitors and most law firms in England and Wales provide seven principles (the...

read more
How To Recognise And Respond To A GDPR Subject Access Request

How To Recognise And Respond To A GDPR Subject Access Request

How To Recognise And Respond To A GDPR Subject Access RequestAt Forty Three Legal we are aware that protecting your reputation and brand is becoming ever so more important. Often risk to your brand or reputation arise with very little warning and at Forty Three Legal we act...

read more

Get In Touch

11 + 10 =

Recent In The Know Articles

Keep Up With Articles

10 + 12 =