Up to 50% of New CLient processes do not collect the correct documentation
82% of Law Firms are worried about the overhead of understanding and implementing the 4th directive
76% of fee earners are concerned about asking their client more questions when onboarding or starting new matter
The Client of your firm is asked the minimum number of relevant questions for their, or their company’s status and asked once for the correct set of ID and documentation. This request for information can be done ‘in-firm’ or at home at your Client’s convenience.
Great effort has been taken to create New Client and New Matter processes which comply with Law Society guidelines and are ready to use. Your implementation project need only concern itself with any local specifics you require for your own practice or case management systems.
The Fee Earner’s time is always protected using Evaluate. They are involved in each process only once at the optimum time and asked only the required questions on which they must opine. In-built rules involve compliance only by exception enabling faster Client on-boarding.
For all of our licenced customers we offer continually updated question and ID request to ensure the processes we provide support the latest regulations. This includes the forthcoming changes required to support the 4th Directive.
TWe have and will continue to integrate with the best-of-breed AML systems for both the UK and abroad, for individuals and companies. Today this means we offer seamless Smartsearch integration, with no need for any re-keying of information.
As part of our design principles to avoid the re-keying of any client or matter data Evaluate Onboard will integrate directly with your practice management system automatically creating Client ID’s and Matter codes for successful processes.