Essential Compliance

This course will cover:

• indicators that a litigation case may be sham
• how firms can mitigate against the risks of sham litigation
• the risks involved in high-volume consumer claims and litigation funders
• SRA Principles and Codes of Conduct regarding litigation funding
• safeguards when using third-party managed accounts (TPMAs)
• advising clients on the use of TPMAs

By the end of this course, you will be able to:

• understand the risks presented by sham litigation and how to recognise the signs of it
• understand the risks presented by law firms specialising in high-volume consumer claims and how the SRA Principles and Codes of Conduct should be followed to mitigate these
• define litigation funding and understand how to conduct robust vetting of litigation funders
• understand how third-party managed accounts are used and the safeguards that should be in place by law firms, as well as how clients should be advised on the proper use of such accounts

Course format

This online course consists of the following elements:

• an interactive course presentation, with a variety of knowledge checks spaced throughout to test understanding of the material as the learner progresses
• an end-of-course assessment consisting of 10 questions

Our courses conform to Web Content Accessibility Guidelines 2.1. However, some members may require an alternative version for accessibility purposes. This is available upon request via our contact us form.

Assessment

In order to pass the assessment, you must achieve a pass mark of 70%.

The knowledge checks included in the course presentation are intended to aid your understanding of the content and offer the opportunity to apply your knowledge. They do not form part of the assessment.