The conflict-of-interest check stands as a fundamental procedure within your firm's operations, and its execution has been simplified within LEAP through the introduction of the Conflict Check app.
Conflict-of-interest checks involve the identification and evaluation of potential conflicts of interest prior to your firm accepting a new client or case. This process guarantees that your firm avoids representing a client whose interests could negatively affect another client already being represented by your firm.
The Conflict Check app seamlessly integrates four processes into a user-friendly and straightforward tool. With a single click, you can initiate a search for a specific term across all records encompassing Cards, Matters, People, and Correspondence stored in LEAP, which includes accounting for previous names.
The outcomes of the search are preserved in a permanent record, offering a comprehensive audit trail that encompasses the search details, timing of the search, the staff member, and a complete history of any potential conflicts.
Through the utilisation of the Conflict Check app, you can significantly decrease the time required for conflict-of-interest checks, thereby enhancing overall efficiency during the process of initiating a matter. The app establishes a lasting record that serves as evidence to regulatory bodies, demonstrating your firm's proper adherence to procedures while receiving instructions.
More information can be found on the LEAP HelpCentre.
