Principals are the ‘single highest risk’ of any firm
An overwhelming majority of SME law firms do not have business continuity plans in place, putting those practices in jeopardy if unforeseen circumstances arise.
On this episode of The Lawyers Weekly Show, Lawganised founder Ben Deverson returns to chat with host Jerome Doraisamy about the need for single principal firms and multiple principal firms to ensure they have continuity plans in place, the dangers of not refreshing such plans and the reasons why principals may not be proactively taking such steps.
The pair also talk about practical steps that firm leaders can take to ensure that business continuity plans are in place to ensure that the practice is not at risk and why the age of coronavirus heightens the need to have safeguards.
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