Why The Top Law Firms Are Prioritising Their Onboarding

In this session, law-firm, compliance and RegTech leaders unpack how investing in the intake and due diligence can turn compliance from a cost centre into a growth engine.

We’ll cover topics such as existing challenges with client onboarding, what digital transformation looks like and achieves, with particular focus on firm-wide standardisation, data visibility and what best practices look like.

Key topics:

✔️ Existing challenges with client onboarding clients, time to onboard, process inefficiencies, impacts on the business & client relationship.

✔️ The most challenging parts of the flow, client identification, business checks, identity verification, screening, risk assessment

✔️ Strategies firms are deploying to improve onboarding speed & experience

✔️ How are law firms dealing with fragmented tech-stack and lack of standardisation across departments and offices?

✔️ How are firms standardising onboarding across departments/offices (consistency & oversight)

✔️ Centralised process vs decentralised – pros and cons for both
KYB & UBO identification for foreign businesses/individuals; cross-border challenges

✔️ Scaling intake without hiring sprees; automation of repetitive admin

✔️ Everything you need to know about FCA now regulating AML for law firm

This webinar is brought to you through our collaboration with Red Flag Alert