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- Tasks: Manage professional risk matters and support fee earners through complex issues.
- Company: Leading UK law firm with a focus on collaboration and wellbeing.
- Benefits: Flexible working, professional development, and a supportive team environment.
- Other info: Part-time applicants welcome; excellent career growth opportunities.
- Why this job: Specialise in risk and compliance while making a real impact in the legal field.
- Qualifications: Experience in law or risk management and strong communication skills.
The predicted salary is between 60000 - 80000 £ per year.
A leading UK law firm is seeking a Risk Lawyer to join its established Risk & Compliance team, working closely with senior risk, compliance, and claims stakeholders across the firm. The role focuses on managing a broad range of professional risk matters, including claims, complaints, regulatory issues, and wider advisory support. You will play a key role in protecting the firm and supporting fee earners through complex and sensitive issues. Part time applicants will also be considered.
Key responsibilities include:
- Reviewing internal notifications of potential claims and risk issues
- Investigating matter files and liaising with fee earners and senior stakeholders
- Managing professional indemnity claims, including liaison with insurers and external advisers
- Overseeing and responding to formal client complaints within regulatory timeframes
- Acting as a point of contact for regulators such as the Legal Ombudsman and SRA where required
- Maintaining accurate registers and schedules of live claims and complaints
- Supporting management reporting, training, and risk awareness across the firm
- Assisting with insurance renewals, including preparing claims and exposure summaries
- Supporting responses to DSARs and other regulatory information requests
- Advising on debt matters where conduct or risk issues arise
The firm offers a collaborative, flexible working environment, with a strong emphasis on wellbeing, professional development, and teamwork. This is an excellent opportunity for a lawyer or risk professional looking to specialise further within law firm risk and compliance.
Lawyer - Risk and Compliance in City of London employer: Taylor Root
Contact Detail:
Taylor Root Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lawyer - Risk and Compliance in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those in risk and compliance. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory issues and professional indemnity claims. We want you to showcase your expertise and how you can support fee earners through complex matters.
✨Tip Number 3
Don’t just apply anywhere; focus on firms that align with your values and career goals. Check out our website for opportunities that fit your skills in risk and compliance – we’ve got some great roles waiting for you!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It’s a chance to reiterate your interest and remind them why you’re the perfect fit for their team.
We think you need these skills to ace Lawyer - Risk and Compliance in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Risk and Compliance role. Highlight any relevant legal experience, especially in managing claims or regulatory issues, to show us you’re the right fit.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about risk and compliance in law. Share specific examples of how you've tackled similar challenges in the past to grab our attention.
Showcase Your Communication Skills: As a Risk Lawyer, clear communication is key. In your application, demonstrate your ability to convey complex information simply and effectively. This will help us see how you can support fee earners and liaise with stakeholders.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Taylor Root
✨Know Your Risk and Compliance Stuff
Make sure you brush up on the latest trends and regulations in risk and compliance. Familiarise yourself with key concepts like professional indemnity claims and regulatory frameworks, as these will likely come up during your chat.
✨Showcase Your Investigative Skills
Be ready to discuss how you've handled complex cases in the past. Prepare examples that highlight your ability to investigate matter files and liaise effectively with stakeholders. This will demonstrate your capability to manage sensitive issues.
✨Understand the Firm's Culture
Research the law firm's values and their approach to teamwork and wellbeing. During the interview, mention how you align with their collaborative environment and how you can contribute to their risk awareness initiatives.
✨Prepare Questions for Them
Think of insightful questions to ask about the role and the team. Inquire about their current challenges in risk management or how they support professional development. This shows your genuine interest and helps you assess if it's the right fit for you.