The Law Society of England and Wales have produced a business continuity toolkit to help law firms and practitioners consider the issues they could and should be looking at when deciding how to strengthen their businesses.
The continuity toolkit is made up of:
1. Coronavirus Job Retention Scheme: Guidance for law firmsThe Coronavirus Job Retention Scheme (the scheme) is a financial package which helps all UK employers pay the wages of workers in organisations that would otherwise have to reduce their workforce due to the coronavirus pandemic. The guidance covers
2. Top tips for firms to preserve their cashflowWritten by Simon McCrum of McCrum Consulting and Andrew Allen of PKF Francis Clark these tips are aimed at firms experiencing problems in maintaining cash flow – possibly as a result of clients experiencing similar problems and not settling outstanding legal fees.3. An online tool to determine your and your firm’s eligibility for government support measuresThis tool will help to identify a firm’s entitlement to the government’s coronavirus (COVID-19) business support scheme using 10 questions leading to the production of a report.4. Video-insight from managing partners and senior leaders on how to weather the stormA real life explanation of how one firm developed itself in the face of the 2007 credit crunch.A note which brings together a variety of established guidance in relation to virtual execution and the use of e-signatures.
It sets out:
You may also find it useful to refer to articles by Infolegal to be found elsewhere on this website. These include:
