Skip to content
Law Society of Scotland
Search
Find a Solicitor
Contact us
About us
Sign in
Search
Find a Solicitor
Contact us
About us
Sign in
  • For members

    • For members

    • CPD & Training

    • Membership and fees

    • Rules and guidance

    • Regulation and compliance

    • Journal

    • Business support

    • Career growth

    • Member benefits

    • Professional support

    • Lawscot Wellbeing

    • Lawscot Sustainability

  • News and events

    • News and events

    • Law Society news

    • Blogs & opinions

    • CPD & Training

    • Events

  • Qualifying and education

    • Qualifying and education

    • Qualifying as a Scottish solicitor

    • Career support and advice

    • Our work with schools

    • Lawscot Foundation

    • Funding your education

    • Social mobility

  • Research and policy

    • Research and policy

    • Research

    • Influencing the law and policy

    • Equality and diversity

    • Our international work

    • Legal Services Review

    • Meet the Policy team

  • For the public

    • For the public

    • What solicitors can do for you

    • Making a complaint

    • Client protection

    • Find a Solicitor

    • Frequently asked questions

    • Your Scottish solicitor

  • About us

    • About us

    • Contact us

    • Who we are

    • Our strategy, reports and plans

    • Help and advice

    • Our standards

    • Work with us

    • Our logo and branding

    • Equality and diversity

  1. Home
  2. For members
  3. Journal Archive
  4. Issues
  5. March 2019
  6. Is your legal software ready to remain compliant in 2019?

Is your legal software ready to remain compliant in 2019?

In association with Insight Legal Software: facing supplier and regulatory changes, firms should check the future prospects for their systems
18th March 2019 | Tim Smith

The legal software market is amidst a period of change and consolidation. Previously, most suppliers tended to be owner-managed businesses. However, today’s landscape is very different, with a good number being bought up by venture capitalist-backed businesses looking to consolidate the market and drive product development. This focus on a dramatically reduced number of “go-forward” products has created threats to existing solutions in use across many firms. 

While older products may be supported by suppliers in the short term, many won’t receive the active development needed to keep pace with industry changes, and could be “end-of-lifed” in the future. Users therefore risk either not being totally compliant or having to employ workarounds to make them both function and comply.  

Making Tax Digital

More change is increasing the pressure on firms to digitise. For example, HMRC’s Making Tax Digital (MTD) initiative launches on 1 April 2019 and is set to make fundamental changes to the tax system.

MTD will require firms to record and report their VAT transactions digitally. Firms must have suitable software in place that is capable of recording all VAT transactions and submitting the data to HMRC via a new Application Programming Interface.

With paper only records no longer acceptable, firms should check the status of their systems, ensuring they have the controls to maintain an efficient and compliant operation.

Staying compliant

With products already in use by firms possibly no longer being supported, firms that don’t ask questions of their providers risk breaching legislation or incurring higher fees. 

For example, an existing supplier could request that they change to an alternative system, at a large expense to the business. Keeping their existing system could mean they simply won’t be compliant from the moment any new legislation takes effect, or are forced to buy expensive “add on” products which have a limited lifespan and are cumbersome to implement and use.

The process of implementing and migrating data to another system could also be overlooked. Data migration takes considerable time and resources to make sure it’s done right. Leaving this close to regulatory deadlines, or incomplete before systems cease, could force firms to accept high renewal or migration fees, or even a lengthy agreement on a solution they aren’t fully satisfied with. 

Taking active precautions, such as asking suppliers about the state of existing software or seeking advice from legal IT experts, will help firm managers to make early decisions about the best course of action when faced with potentially outdated or non-compliant products. Taking these steps now could help firms to reap the benefits of providers which offer fast migration with full support and expertise, giving their practice maximum compliance and longevity and allowing them to thrive in an increasingly digital sector.

The Author

Tim Smith, Technical Director at Insight Legal Software Ltd. To discuss this topic further or the services they offer, please call Insight Legal Software on 0141 406 1355, email info@insightlegal.co.uk or visit: www.insightlegal.co.uk 
Share this article
Add To Favorites
https://lawware.co.uk/

In this issue

  • How will Brexit affect my mother-in-law?
  • Settling the debate on sequestration
  • Taking wellbeing seriously
  • How will personal data continue to flow after Brexit?
  • Buildmark, and a little extra help for NHBC
  • Reading for pleasure
  • Opinion: Laurie Anderson
  • Book reviews
  • Profile: Lord Mackay of Clashfern
  • President's column
  • People on the move
  • Is your legal software ready to remain compliant in 2019?
  • What's the deal?
  • Ready to leave?
  • A tapering opportunity
  • Brexit: no dealbreaker either
  • The business of divorce
  • Trailblazing 12
  • Cohabitants: rebalancing the law
  • Litigation: an evolving scene
  • Chain transactions
  • When delay is not fatal
  • Data protection – deal or no-deal?
  • Two cases and an order
  • Reshaping trade mark law
  • When the wheels come off
  • Parentage or privacy?
  • Access right, right of access or right of way?
  • Team of one
  • Public policy highlights
  • OPG update
  • Housing specialism added to accreditation list
  • At the boundary's edge
  • Keep the dual role
  • Executry and trust accounting: new guidance
  • Moving nightmares
  • Accredited paralegal update
  • Sign up for conference
  • Accredited Paralegal Committee profile
  • Ask Ash

Recent Issues

Dec 2023
Nov 2023
Oct 2023
Sept 2023
Search the archive

Additional

Law Society of Scotland
Atria One, 144 Morrison Street
Edinburgh
EH3 8EX
If you’re looking for a solicitor, visit FindaSolicitor.scot
T: +44(0) 131 226 7411
E: lawscot@lawscot.org.uk
About us
  • Contact us
  • Who we are
  • Strategy reports plans
  • Help and advice
  • Our standards
  • Work with us
Useful links
  • Find a Solicitor
  • Sign in
  • CPD & Training
  • Rules and guidance
  • Website terms and conditions
Law Society of Scotland | © 2025
Made by Gecko Agency Limited