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Legal Risk & Compliance Case Management Software
Osprey includes compliance features and dedicated workflows that help meet best practices and required criteria for a wide range of legislative regulations and accreditations. Reduce errors and the cost of staying complaint using an integrated solution that helps you stay compliant across your firm.
Easily meet accreditation and quality standard criteria
Osprey is a cloud-based practice management solution that provides the digital tools for recording, tracking and managing regulatory responsibilities. The legal compliance software features in Osprey help firms complete risk and compliance activities that are usually managed in spreadsheets or on paper files.
By digitising and centralising your data and documents your firm can easily meet accreditation criteria so costs are lowered, time is saved and risks are reduced. Osprey helps firms achieve compliance across a wide range of legislative regulations and accreditations including SRA, GDPR, Lexcel, CQS, WIQS and the LAA Specialist Quality Mark.
All-in-one legal compliance case management solution for COLP & COFAs
Reduce the cost of staying compliant by using Osprey’s compliance modules and specialised workflows. COLPs can easily integrate compliance processes into their fee earner’s daily workload to ensure the firm is following best practices.
Avoid treating compliance regulations as an additional disconnected procedure but incorporate the tasks into daily workflows to ensure time and costs are dispersed into case management processes. Automating actions, removing disparate systems and centralising data will enable an efficient and effective operation.
Firm-wide visibility and control
By reducing your reliance on physical files and disconnected spreadsheets you can gain real-time, firm-wide visibility of your firms’ compliance tasks and reports. Osprey helps you digitise and centralise data, documents, and processes so you can automate compliance tasks and easily extract data for your COLP, COFA and MLRO. Proactively monitoring data and compliance processes ensure you can avoid breaches and spot trends that could highlight problems in your firms’ processes. Osprey’s reporting suite and intuitive dashboards helps you make data-driven decisions that put you in control of your firm’s future.
Key Legal Compliance Software Features
Reporting suite & dashboards
Customisable reports and interactive Business Intelligence dashboards provide accurate data and real-time overviews so COFA, COLP and MLRO can proactively monitor compliance processes.
Analytics and trend spotting
Centralised integrated data helps provide accurate reports to enable performance analysis so trends can be spotted before breaches occur.
Compliance workflows
Osprey comes with pre-built workflows that ensure your firm’s processes adhere to best practices and regulatory guidelines.
GDPR functionality
Retention dates and data erasure and request functionality within Osprey helps you to stay GDPR compliant.
Integrated SRA compliant accounting
Fully integrated and MTD and SRA compliant legal accounting helps you effectively manage your finances without risk.
Customer due diligence tools
Complete, record and report on client and case risk assessments, conflict of interest and ID formalities. Utilise the InfoTrack and Osprey integration to complete electronic AML checks.
10 performance and financial reports every managing partner needs
Download our guide to discover how to be a data-driven law firm and where to begin with law firm KPIs and performance reporting to drive success.
- What is legal compliance software?
Legal compliance software allows COFA’s, COLP,s and MLRO’s to continually monitor and track their firm’s processes to ensure they are compliant with the required regulations and legislation. The software provides the tools that enable fee earners and support staff to easily follow best practices and comply with procedures whilst completing their day-to-day tasks, helping to reduce the cost and time involved in compliance tasks. The software also enables compliance officers to monitor business processes using reports and dashboards so they can quickly spot problems and implement solutions.
- Can Osprey help me achieve my Lexcel Accreditation?
The Osprey Approach software has a full offering of features and tools that will help you to achieve the Lexcel accreditation. Our selection of workflows and integrated features allow your firm to easily comply and report on many of the Lexcel requirements making compliance and reaccreditation easy.
- How can my law firm reduce the cost of staying compliant?
Practice and case management software can help to reduce the cost of staying compliant. By having all of your compliance tasks, processes and reports integrated into one centralised platform, within Osprey, you benefit from improved visibility, increased efficiencies and reduced errors.
With an integrated practice and case management solution you can reduce the number of disparate systems and spreadsheets, which avoids additional software costs but significantly reduces errors from duplicating data entry. Your firm will also benefit from a single source of truth so you gain better visibility of business processes helping to spot issues early. It also means your data is stored and can be extracted from one source so pulling reports and applying for accreditations is easier.
Discover more in our blog post: How to reduce the cost and time of staying compliant
- Can my firm be GDPR compliant using Osprey?
Osprey has all the functionality you require to remain compliant with GDPR. From setting document retention periods, to deleting documents, it’s easy to complete data subject access requests or requests for data erasure.
- Can my firm’s COLP and COFA extract the data they need to stay compliant?
With Osprey’s extensive reporting suite you can be sure that all the information your COFA and COLP needs is at their fingertips. With the addition of the Osprey business intelligence tools, you can access interactive dashboards allowing detailed analysis and data-driven insight of your firms information at a glance.
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Find Out MoreThe Osprey Approach All-in-One Solution
The complete Osprey Approach solution combines comprehensive case management, powerful practice management, legal accounting, and streamlined client management so you can run an effective and profitable firm.
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See Osprey in action
Discover the power of Osprey Approach in a free, no obligation demonstration, and learn why thousands of lawyers trust our software solution to manage their firm. Complete the form and a member of our sales team will be in touch to find out more about your firm’s needs and to book a meeting at a time that suits you.