000 01215cam a2200205 4500
001 ABS66219
008 021218n2002 000 0 eng u
035 _a(Sirsi) u120831
100 _aBurren, O
245 _aWays to avoid the worst-case scenario
260 _c2002
490 _aEstates Gazette
_v (0247) 23 November 2002, 142-143(2)
520 _aExplains why firms should consider introducing risk-management practices to minimise costs of insurance premiums. Concludes that reasons behind the high-risk status of conveyancing are economic. Firstly, says enquiries must be followed to a conclusion, even if they seem unimportant, as failure to explore loose ends can lead to claims. Secondly, points out that most claims against solicitors result from basic administrative weaknesses, such as missed time limits, poor drafting, failure to read documents properly or omitting to obtain clear instructions. Recommends use of a diary, checklists, monitoring of fee-earners workloads, and use of an open culture of reporting for staff.
590 _aABS
650 _aINSURANCE PREMIUMS
650 _aRISK MANAGEMENT
650 _aCONVEYANCING
690 _aMANAGEMENT-BUSINESS MANAGEMENT
942 _n0
999 _c71811
_d71811