Clyde & Co's high-volume casualty practice generates conflict-check demand at a scale manual clearance cannot meet. The parties that must be conflict-checked are the insured — overwhelmingly individuals, some organisations — and the incumbent system cannot resolve them as entities. It matches on names. The result is a flood of false conflict hits, reported in the tens of thousands, worked by a team of four at a pace that puts quality at risk.
An 8-week, success-based pilot focused on conflict-of-interest checks, run entirely within Clyde's on-premise environment. LegalFab resolves the entities behind new-business casualty conflict checks in place — across Intapp and Elite 3E, integrated to the MAR publisher that already parses inbound instructions — and auto-clears the low-conflict-risk majority, routing only genuine conflict hits to a human with a full, explainable rationale. Harbor, a Clyde & Co risk services partner, runs the incumbent process in parallel to benchmark the result. KYC-style screening is included only as a proof of technology for a future engagement.
The pilot solves an operational pain today, but it also proves the technology for a broader onboarding and KYC engagement across the Firm. That timing is deliberate: supervision of AML in the legal sector is transferring to the FCA1 — a more intrusive, data-driven regulator. The firms that will absorb that shift comfortably are the ones that can already evidence real-time, resolved, auditable client and matter risk. This pilot is the first step toward exactly that capability.
The supervision of legal-sector financial crime is moving to the FCA — and the same resolution capability underpins both AML evidence and conflicts
For a generation, anti-money-laundering supervision of law firms has sat with the profession's own regulators — the SRA and the Law Society among more than twenty sectoral bodies.1 That is now ending. In October 2025 the Government named the Financial Conduct Authority as the single professional-services supervisor for AML and counter-terrorism financing1,2, and the enabling clauses entered Parliament in the Financial Services and Markets Bill in May 20263, with HM Treasury’s implementation roadmap following in June.3,4
The change is not merely administrative. The FCA supervises in a different register from the SRA's guidance-led tradition: sharper scrutiny, broader powers, and a data-driven lens.1 The FCA has levied penalties into the tens of millions5, and firms deemed high-risk can expect particularly close attention.
The operative phrase in the Law Society’s guidance on the new regime is that success under it will depend on a firm’s ability to maintain a real-time understanding of client and matter risk3. That is an evidential standard, not a policy one — and for financial crime it cannot be met from a firm’s own records alone. It requires resolving each party against external data — sanctions and PEP lists, adverse media, corporate registries and beneficial ownership — and showing, with lineage, who a party is and how that judgement was reached.
The engine that produces this is the same one proven in the conflict-checking pilot: entity resolution in place, with a full audit trail. Conflicts is the immediate, high-volume proving ground; the identical capability, enriched with external data, is what a data-driven AML supervisor will expect to see. It is why the KYC screening in this pilot is included strictly as a proof of technology — ahead of a future onboarding engagement, not as today’s scope.
SRA / Law Society · sector-specific · principles and policies.
FCA single supervisor · intrusive, evidence-driven · multi-million-pound powers · systems and controls tested against reality.
Firms that can evidence client and matter risk on demand — with provenance — absorb the shift comfortably.