The Important Task of File Opening
This might strike you as a relatively mundane topic, but in legal practice, file opening is something that everyone in a law firm should be familiar with. That is not to say that everyone in the firm will be entrusted with this important task, and it is often well-trained admin and support staff like Legal Secretaries who are required to do this work.
The first clue you might have about the importance of file opening procedure is the fact that it is known by so many different names – customer due diligence, onboarding, verification of identity, verification of funds, anti-money laundering (AML). These are all terms that are commonly used in relation to the humble task of opening a file.