This leaflet gives an overview of some of the preventative and alternative regulatory tools employed by the Victorian Legal Services Board and Commissioner. PMBR in Victoria, Australia
Adopting Law Firm Management Systems to Survive and Thrive: A Study of the Australian Approach to Management-Based Regulation
In Australia, amendments to the Legal Profession Act require that incorporated legal practices (ILPs) implement ‘appropriate management systems’ to assure compliance with the Legal Profession Act 2004, and appoint a legal practitioner director to be responsible for the management of the ILP. The new law did not define ‘appropriate management systems’ (AMS) so the Office…
The Role of Ethics Audits in Improving Management Systems and Practices: An Empirical Examination of Management-Based Regulation of Law Firms
Using management-based principles, this Article discusses steps to take to encourage ethics audits ‘to merge good ethics and good business’ in the United States of America. For decades, legal malpractice experts have urged lawyers to implement risk management measures, and legal malpractice insurers have provided audit services and self-audit materials. Under the Australian regulatory regime,…
Australia’s uniform framework for a common legal services market
marketThe Legal Profession Uniform Framework is designed to be applied by any Australian State or Territory to establish a common legal services market. New South Wales and Victoria adopted it from 1 July 2015, and other jurisdictions are encouraged to join the scheme and will be able to do so without the need for changes…