Our COLP & COFA Help service gives your firm’s Compliance Officers oversight and control of compliance without turning the role into a full-time job. We take care of the time-consuming tasks so you can focus on running your practice, while staying confident that everything — from financial management (COFA) to wider practice compliance (COLP) — is covered.
Compliance Support for Law Firms
COLP and COFA Help
How it works
Working with a dedicated risk management specialist, you’ll benefit from an initial audit, remedial action where needed, and ongoing monitoring through regular meetings and reviews. Everything is recorded, creating a clear audit trail and a modern way to manage risks, breaches, training, and reporting.
Alongside this, you’ll have direct access to expert advice, plus annual reviews to set objectives and keep your compliance on track.
Our 5-Step Model
1
Initial audit
A gap analysis to identify weaknesses in compliance controls (both financial and operational), with a traffic-light report to prioritise next steps.
Remedial Action
Plugging the gaps and strengthening systems to bring your firm up to standard.
2
3
Ongoing monitoring
Regular contact with your risk management specialist, monthly check-ins, and quarterly risk management meetings, supported by practical activities such as file reviews, staff briefings, or policy drafting.
Audit trail
Minutes of all meetings, including follow-up actions, saved centrally for access. Along with risk registers for breaches, complaints and training records for continuing competence management.
4
5
Expert advice and support
Direct access to your risk management specialist and wider team whenever you need guidance, tailored to your subscribed package.
Typical Initial Setup
- Analysing your business and its key risks (financial and practice-wide)
- Auditing current systems and practices
- Identifying compliance gaps
- Preparing an audit report with recommendations
- Updating or re-drafting the Office Manual
- Providing or recommending staff and officer training
- Setting up recording and evidence systems
- Preparing a compliance plan
Typical Ongoing Setup
- Monthly compliance check-ins and quarterly risk management meetings
- On-call support for compliance questions and emergencies
- Assistance with reporting breaches and regulator correspondence
- Maintaining and updating systems and records
- Ensuring policies and procedures remain effective
- File audits, training sessions, and staff briefings
- Support with practising certificate renewals
Want to know more?
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