All solicitors who hold a practising certificate now need to do a minimum of one hour risk management CPD as part of the existing 20 hours of annual CPD.

The risk management CPD can be either personal study or verifiable CPD or a combination of both.

Read about what counts towards your risk management CPD.

Events that cover your risk management CPD

Attend any of the events listed below to fulfill your risk management CPD requirement.

In-house best practice course

Tuesday 31 March | Glasgow | 5.5 hours CPD

In-house annual conference

Thursday 11 June | Glasgow | 6 verifiable CPD hours

In-house best practice course Perth

Tuesday 8th September 2020 | Perth | Conference

Financial Crime Conference

Friday 20 March | Edinburgh

Data Protection Officer Training

Wednesday 29 April | Edinburgh

General Practice Conference

Thursday 30 April | Aberdeen

Data Protection Roadshow

May 2020 | Various locations

Building Resilience

Tuesday 19 May | Edinburgh

Manual Bookkeeping

Wednesday 3 June | Edinburgh

AML and Financial Crime Conference

Thursday 27 August | Glasgow

Cashroom Roadshow 2020

September 2020 | various locations

 

What counts as risk management CPD?

Risk management is a process of identifying, assessing and prioritising risks, which results in some form of action to control and manage those risks.

For solicitors in private practice we have identified the following areas as worthy of risk management CPD:

  • Anti-money laundering
  • Complaints handling and complaints avoidance
  • Contingency planning
  • Cybersecurity
  • Prioritisation, time management, workflow and processes
  • Terms of business

We recognise that an in-house solicitor’s role is often closely linked to managing risk for their employer, whether by proactively identifying possible risks or mitigating the impact of unavoidable risk factors. Given this broad remit, many in-house solicitors will already be doing CPD that relates to risk management as a matter of course.

In addition to some of the topics above, the following areas may also constitute appropriate risk management CPD:

  • Sector specific regulatory or compliance obligations
  • Health and safety standards
  • Protection of intellectual property rights
  • Privilege
  • Company secretarial matters
  • Professional ethics

If you are an in-house solicitor with any questions in connection with the risk management CPD requirement, please contact inhouse@lawscot.org.uk.

Current risk management topics are highlighted in the Journal’s monthly column from the Society’s insurance brokers – Lockton – and their website for Scottish solicitors locktonlaw.scot If you have any queries, please contact registrar@lawscot.org.uk