Jurisdiction(s):
United Kingdom

Key definition

Monitoring definition

What does Monitoring mean? Monitoring, in radiological protection practice, is the measurement of ionising radiation levels, airborne concentrations of radionuclides, surface contamination and other quantities of radioactive material, and the use of those results to evaluate potential exposures and doses. The term is used and, in substance, defined in radiation protection legislation (including the Ionising Radiations Regulations 2017 in Great Britain, the Ionising Radiations Regulations (Northern Ireland) 2017, and Ireland’s regulations implementing the Basic Safety Standards Directive). In legal and compliance contexts, monitoring typically covers workplace monitoring, personal dosimetry, contamination surveys and environmental/discharge monitoring. It is undertaken to demonstrate compliance with dose limits...

Law firm financial stability: causes of cash shortfalls, risk management controls, and SRA reporting requirements

Published by a LexisNexis Practice Management expert

Practice notes

This Practice Note examines the most common sources of financial instability affecting law firms and explains what actions are needed to ensure issues do not grow into crises.

Why might law firms become unsustainable?

Ultimately, firms fail when the cash runs out, their banks lose confidence in the business and refuse additional facilities, and alternative finance cannot be secured at short notice. The crunch is usually caused by major outgoings, eg rent, VAT and income tax, or the professional indemnity insurance (PII) premium becoming due.

Although performance differs from firm to firm, many are weak at converting time spent on client matters into cash. In practice, around 120 days can pass between doing the work and receiving payment (this period is called lock-up). Meanwhile, rent and insurance are commonly payable in advance, and staff must be paid at the end of every month. It follows that cash can be exhausted quickly. Against that backdrop, it is hardly surprising that firms may run out of money swiftly.

What should you look out for to make sure you remain viable?...

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Jon Whittle

Jon Whittle Consulting Ltd

Jon is a specialist in developing legal businesses using market intelligence and customer insight to implement successful programmes for change. He works with law firms to create sustainable growth alongside successful project management, implementing new technologies and evolving business operations. Jon has been working on the future of law firms for more than fifteen years, focusing on the strategies and tactics that help firms build real and defendable competitive advantage. Whilst working in a senior leadership role at LexisNexis he was also the architect and author of the widely read LexisNexis Bellwether Reports and is a recognised authority on how law firms can build and grow. Previously, Jon worked, for two decades, at board level, in some of the UK’s largest media companies, transforming traditional businesses into growth in the digital age. He now applies the fruits of this experience,...

Web page updated on 21/05/2026

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