Book excerpt: Written by a leading expert in the field with extensive first-hand experience of all of the legal issues that affect practice, and with specialist contributors, the result is an authoritative, wide-ranging and accessible work that provides real insights into the legal issues and current complexities of legal practice. It will help practitioners mitigate the increasing risks they face providing practical clarity as well as authoritative legal analysis. The work covers: * Regulation* Lawyers' legal duties* The business of lawIt looks at important issues such as: * Business structures and barrister entity regulation* Misconduct and tribunals* Obligations to clients including contractual terms, fiduciary duties, negligence and the Ombudsman* Compliance including COLPs, COFAs and anti-money laundering* Indemnity insurance* Fees and costs* Protecting goodwill including restrictive covenants and electronic media* Financial stability issuesThe Law of Legal Services will be a key reference work for all legal practices and will provide a ready answer to many legal issues that crop up in modern practice. It will also provide, for anyone involved in the management of legal practices, essential knowledge of the legal risks they face.