Ethics, Professional Skills, And Practice Management for Small Practice and Sole Practitioners
Join us to gain your compulsory CPD units with topics tailored for small practice or sole practitioners. Hear tips on how to ensure that you are maximising the financial potential of your practice as well as the value on succession. Learn what you need to know about SMSFs and about the impacts of recent superannuation reform measures. Understand how you can change your mindset on WHS to create a safer workplace. WEB243V03Z
Description
Attend and earn 3 CPD units including:
1 unit in Ethics & Professional Responsibility
1 unit in Practice Management & Business Skills
1 unit in Professional Skills
This program is applicable to practitioners from all States & Territories
Chair: Amanda Comelli, Partner, Brown Wright Stein Lawyers; NSW Accredited Specialist in Business Law
Practice Management & Business Skills
2.00pm to 3.00pm The Critical Importance of Profitability for Financially Healthy Small Practices
- The Multiple Bottom Lines
- More “You and Family” time
- Better professional satisfaction & financial rewards
- Better Liquidity and Reduced stress
- Greatly improved practice value on succession
Presented by Rob Knowsley LLB, Legal Practice Improvement Advisor, Lawyers' Mentor, Principal at Knowsley Management Services
Professional Skills
3.00pm to 4.00pm Understanding SMSFs and Superannuation
- SMSF: how to set up, responsibilities associated with, tax, benefits and downfalls of SMSF
- Superannuation and interplay with Wills and EPOA
- Property acquisition by a SMSF with limited recourse borrowing
- Explore the complexities of related party loans
- Discuss the impact of recent superannuation reform measures
Presented by Tracey Norris, Director, Pitcher Partners; Accredited SMSF Specialist; Fellow of the Institute of Chartered Accountants in Australia and New Zealand and Bec Nipperess, Senior Manager, Pitcher Partners
4.00pm to 4.15pm Afternoon Break
Ethics and Professional Responsibility
4.15pm to 5.15pm Moving From an “Avoiding Liability” Approach to a Work Place Health and Safety “Risk Identification and Management” Approach
With the implementation of:
- new workplace health and safety (WHS) codes of practice in 2023 in many Australian jurisdictions which set out the proactive steps law firms need to take to manage the psychosocial hazards in the workplace; and
- the Respect @ Work changes which impose a positive duty to eliminate discrimination, sexual harassment and victimisation; and law firms, and lawyers can no longer afford to only take reactive steps to avoid possible liability. Their ethical obligations as a lawyer requires more.
This session seeks to inform legal practices of what they need to do to ensure a firm is discharging their duties under the WHS Laws and considers why under these WHS Laws and a solicitor’s ethical obligations legal practitioners need to ensure proactive steps are taken to eliminate risks to health and safety at work and to others.
Presented by Gemma Sharp, Special Counsel, Cooper Grace Ward
Presenters
Rebecca Nipperess
Rebecca Nipperess joined Pitcher Partners in 2019 as a Specialist superannuation adviser, having previously worked in boutique accounting firms gaining 10 years of experience in business services advisory and the SMSF industry, before deciding to solely focus on SMSFs. The skills she has learnt over the past 10+ years enables her to provide a holistic approach when advising clients. As a superannuation specialist, Rebecca provides strategic superannuation advice along with compliance support to SMSFs. Rebecca is licensed to provide superannuation advice and has experience in advising clients on SMSF establishments, contribution planning strategies, pension planning, estate planning and LRBA establishments. Professional Qualifications and Memberships: Bachelor of Commerce (Accounting and Financial Planning); Member of the Institute of Chartered Accountants in Australia and New Zealand (CAANZ); CA SMSF Specialist; Australian Financial Services Licence Representative.
Tracey Norris
Tracey Norris commenced in public practice over 25 years ago and over this time has advised small and medium enterprises on taxation and superannuation affairs. This variety of experience allows an understanding the bigger picture when advising clients on superannuation issues and delivers commercial outcomes. Having worked with various stakeholders supplying general taxation and specialised superannuation advice, this allows Tracey to provide excellent strategic outcomes to compliment other advisors. Tracey's demonstrated knowledge and experience in the application of superannuation and taxation laws includes: SMSF compliance and audits; advising on restructure of assets to and from superannuation funds, whether the result of life events or business sales and acquisitions; assisting clients with effective retirement planning strategies; maximising investment opportunities using superannuation structures; writing expert reports for legal counsel in court hearings; and sitting on the compliance committee of a retail fund. Tracey is also a licenced adviser on the Pitcher Partners Australian Financial Service Licence and was a finalist for SMSF Adviser of the year at the Women in Finance Awards in 2021 and 2022. Professional Qualifications and Memberships: Bachelor of Commerce (JCU); Advanced Diploma of Financial Services (Superannuation); Fellow of the Institute of Chartered Accountants in Australia and New Zealand (CAANZ); CA SMSF Specialist.