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- Tasks: Manage professional negligence claims and support risk management strategies.
- Company: Leading UK law firm with a focus on risk and compliance.
- Benefits: Flexible working hours, competitive salary, and opportunities for professional growth.
- Other info: Exciting opportunity for career advancement in a newly created role.
- Why this job: Join a dynamic team and make a real impact in risk management.
- Qualifications: Qualified Solicitor with experience in risk and compliance within a legal environment.
The predicted salary is between 55000 - 65000 £ per year.
A leading UK law firm is looking for a Risk Lawyer to join its London office in a newly created position within the Risk & Compliance team. The successful candidate for the Risk Lawyer role will work closely with the Head of Risk & Compliance, the firm’s COLP and key contentious partners and will have a particular focus on claims and complaints. The firm is open to considering candidates on either a full-time or part-time basis.
Key Responsibilities for the Risk Lawyer role:
- Supporting the management of professional negligence claims, circumstances and potential exposures involving the firm, including reviewing relevant files and advising on risk and liability issues.
- Working closely with the Head of Risk & Compliance, COLP, Claims Partners and other senior stakeholders in relation to contentious risk matters and claims strategy.
- Acting as a key liaison point for the firm’s professional indemnity insurers and external legal advisers in relation to ongoing claims and notifications.
- Preparing concise risk summaries and assessments relating to claims, complaints and other sensitive matters for internal and external stakeholders.
- Managing the firm’s complaints process, including reviewing complaints, coordinating investigations and assisting with the drafting of formal responses.
- Ensuring all complaints and regulatory matters are handled within applicable regulatory and internal deadlines.
- Maintaining accurate records and reporting schedules relating to claims, complaints and associated risk matters.
- Liaising with external bodies, including the Legal Ombudsman and the SRA, where required in relation to complaints or regulatory issues.
- Supporting the preparation for annual professional indemnity insurance renewals, including collating claims information, exposure summaries and risk management initiatives.
- Contributing to internal reporting, risk analysis and lessons learned exercises arising from claims and complaints trends.
- Assisting with the development and delivery of training and guidance to fee earners on complaints handling, claims prevention and broader risk management issues.
- Supporting the review and response process relating to Data Subject Access Requests (DSARs) and other information requests where required.
- Assisting with wider Risk & Compliance projects and initiatives.
Qualified Solicitor in England & Wales with strong post-qualification experience. Previous experience gained within a law firm risk & compliance function, in-house legal/risk team or private practice disputes/professional indemnity environment. Strong understanding of SRA regulations, professional conduct obligations and law firm risk management principles. Experience handling professional negligence claims, complaints and contentious matters within a legal environment. This is an excellent opportunity for a Risk Lawyer to join a highly regarded UK law firm in a newly created role with significant visibility across the business.
Lawyer - Risk and Compliance in London employer: UNCOVER
Contact Detail:
UNCOVER Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lawyer - Risk and Compliance in London
✨Network Like a Pro
Get out there and connect with people in the legal field! Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Informal Chat
Before any formal interview, try to have an informal chat with someone at the firm. This can give you insider info on the culture and expectations. Plus, it shows your genuine interest in the role and helps us see how you’d fit in!
✨Showcase Your Expertise
When you get the chance to speak, make sure to highlight your experience with professional negligence claims and risk management. Use specific examples to demonstrate your skills and how they align with the firm's needs. We want to see how you can add value!
✨Follow Up with Flair
After your interview, don’t forget to send a follow-up email thanking them for the opportunity. It’s a great way to reiterate your interest in the position and keep you top of mind. And remember, apply through our website for the best chance!
We think you need these skills to ace Lawyer - Risk and Compliance in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk Lawyer role. Highlight your experience with professional negligence claims and compliance matters, as these are key for us. Use specific examples that showcase your skills and achievements in similar roles.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're passionate about risk and compliance in the legal sector. Mention how your background aligns with our needs and express your enthusiasm for joining our team at StudySmarter.
Showcase Relevant Experience: When detailing your experience, focus on your work with claims, complaints, and regulatory matters. We want to see how you've managed these issues in the past and what strategies you've implemented to mitigate risks.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at UNCOVER
✨Know Your Stuff
Make sure you brush up on your knowledge of SRA regulations and professional conduct obligations. Being able to discuss these confidently will show that you're not just familiar with the basics, but that you understand the nuances of risk management in a legal context.
✨Prepare Real-Life Examples
Think of specific instances where you've managed claims or complaints in your previous roles. Be ready to share how you approached these situations, what strategies you employed, and the outcomes. This will demonstrate your practical experience and problem-solving skills.
✨Understand the Firm's Culture
Research the law firm’s values and recent news. Understanding their approach to risk and compliance will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Ask Insightful Questions
Prepare thoughtful questions about the Risk & Compliance team and their current challenges. This not only shows your interest in the role but also gives you a chance to assess if the firm aligns with your career goals and values.