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Bloomsburry Family law

Regulation

Risking it all? Preparing for all eventualities in a changing world

Protecting your firm from physical and/or reputational damage may seem obvious, but firms can still be knocked sideways or even under by a big claim or unforeseen disaster. And signs suggest that many firms are still not doing enough to shield themselves from even the day-to-day risks. Fraser Ashman, partnership secretary at CMS Cameron McKenna, uses his career experience in risk to explain why firms should be bothered enough to change their ways.

Risking it all? Preparing for all eventualities in a changing world

Protecting your firm from physical and/or reputational damage may seem obvious, but firms can still be knocked sideways or even under by a big claim or unforeseen disaster. And signs suggest that many firms are still not doing enough to shield themselves from even the day-to-day risks. Fraser Ashman, partnership secretary at CMS Cameron McKenna, uses his career experience in risk to explain why firms should be bothered enough to change their ways.

Thought leader

Change, enemy of the complacent, is no more apparent in professional life than in risk management. By Frank Maher, partner, Legal Risk.

Thought leader

Change, enemy of the complacent, is no more apparent in professional life than in risk management. By Frank Maher, partner, Legal Risk.

R (Teleos PLC) v Customs & Excise Commissioners [2005] EWCA Civ 200

Where a taxpayer claimed VAT from the Customs and Excise Commissioners the commissioners had a discretion in the exercise of their care and management powers under the Value Added Tax Act 1994, Sched 11 para 1 to make interim payments in appropriate cases, and the exercise of that discretion had to be reasonable, proportionate under EC law and was susceptible to judicial review.

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