Brodies LLP are Scotland’s largest independent law firm, and pride themselves on taking the necessary steps to ensure regulatory compliance whilst maintaining their excellent reputation for client service and continuing growth for business. The firm offers legal advice to private and public sector clients both in the UK and internationally in its core business areas of corporate and commercial; energy (both renewables and oil and gas); property; litigation; banking and financial services; employment, pensions and benefits and trust and tax.
Brodies faced stringent compliance obligations in the form of MLR 2017. Compliance is further tied in to their strategic plan which sets out the direction, planning and governance of the firm. The 2017 regulations were viewed as a catalyst for the company to update its business practices to ensure a continued commitment on client focus, that would lead to sustainable and profitable growth. Building out and operating an effective digital governance, risk and compliance model was seen as central to that aim.
Brodies saw in Encompass the opportunity to obtain a competitive advantage over other firms. Using Encompass, Brodies have a fuller suite of information with which to make decisions. Encompass ensures that there is no change in the way that their lawyers work while at the same time providing assurance that compliance regulations are adhered to with minimum disruption to client work.
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