Lexcel Basics
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What is Lexcel
Benefits of Lexcel
What does Lexcel Cost?
Applying for Lexcel
Further Guidance
Lexcel FAQs (Frequently asked questions)
How much will a consultant cost?
This depends upon the size of practice, number of offices, how far away you are from the Lexcel standard and how much time you are prepared to spend internally on gaining the accreditation.
How much time will it take?
Again this depends on your current position but you shouldn’t underestimate the time required to:
- Review your current situation
- Indentify gaps
- Agree a plan and time scale
- Implement new procedures
- Build up newly compliant files
Do I need a consultant to achieve Lexcel?
No, however this may prove more cost effective than undertaking all of the required preparation internally. Most practices find there is a balance between the time they can commit and the benefit of external assistance.
What aspects of management can Lexcel assist with?
The Lexcel standard not only helps with risk management but also assists with HR, Finance, Marketing and Operations by implementing the required policies and procedures.
What is Connect2Law?
Connect2Law is the leading network for law firms in the UK with over 2100 members and remains free to join. Benefits of membership include:
- A fee share for any client referrals
- Written non-poaching agreement
- Discounted CPD seminars
- Access to the UK’s largest legal buying group
- PII benefits
- Lexcel consultancy programme
To find out more about Connect2Law telephone Paul Coombes on 0161 909 8752.
Contact us to speak to a Lexcel Consultant
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Professional indemnity insurance
Many firms looking to apply for Lexcel Accreditation for the first time wish to know how this will affect their professional indemnity insurance. Whilst there is no fixed position on this, insurers do look favourably on firms who can show their approach to risk and the policies and procedures they have in place. Gaining the Lexcel standard is an instant ‘tick in the box’ many for of these concerns.