Fraud Prevention in Law Firms

E-learning overview

This course helps firms to manage the risk of fraudulent behaviour.  The first module focuses on what amounts to a fraud offence, how to prevent fraud and what staff must do if they suspect fraud.

The second module is additional training for managers, supervisors and owners.  It focuses on what steps they should be taking in order to protect the firm.

There are two versions of the course depending on whether your firm meets the “large organisation” threshold set by the ECTA 2023.  Get in touch if your firm is a large organisation.

Content

Module 1

• What is fraud?
• The penalties for the firm and for individuals?
• Identifying fraudulent behaviour
• Playing your part in protecting yourself and the firm
• Quiz

Module 2

• Defending a prosecution for failure to prevent fraud
• Reasonable prevention procedures
  • Fraud reviews & risk assessments
  • Anti-fraud plan
  • Fraud prevention training
  • Internal controls and reporting procedures
  • Compliance audits
  • Whistleblowing procedure
  • Procedure for investigating suspected fraud
• Reflecting on your department/team

Outcomes

As a result of completing this course you will:

• understand the importance of avoiding fraudulent behaviour
• know the different kinds of fraud offences
• understand the possible criminal penalties for committing fraud
• understand the possible disciplinary and regulatory consequences of fraudulent behaviour
• know the importance of speaking up if you suspect fraudulent behaviour
• know how to report any concerns you may have

Duration

20 mins for Part 1 and 15 mins for Part 2