New entity type support helps law firms in the UK, Australia and beyond, using smart document analysis to unpick lengthy, complex trust documents in seconds speed up due diligence, and prepare for evolving AML obligations — including Australia’s upcoming Tranche 2 reforms.

London, UK - February 18 2026 - Legl, the client lifecycle platform transforming risk and compliance for law firms, today announced the launch of a major new product capability: Trust onboarding, compliance, and ongoing monitoring.

The new functionality enables full-service law firms and private client specialists to manage the compliance and risk requirements of Trusts alongside companies, individuals, and other entity types, all within a single end-to-end client intelligence platform.

With Trust structures often involving layered ownership, multiple associated individuals, and heightened regulatory scrutiny, Legl’s expanded entity support is designed to help firms confidently unpick complex arrangements, conduct robust due diligence, and maintain ongoing compliance throughout the client lifecycle.

Legl’s Trusts capability uses advanced AI and document intelligence to automatically analyse lengthy, complex trust deeds, including documents running up to 1000 pages. It extracts key information such as trustees, beneficiaries, settlors and the nature and value of assets held, converting a complex trust deed into structured client data. A task that traditionally requires hours of manual review can now be completed in seconds.

“Trusts represent one of the most complex areas of client onboarding and AML compliance. This launch reflects Legl’s commitment to helping law firms manage risk with greater clarity, consistency, and efficiency, especially as regulatory expectations continue to rise. Our team has been helping law firms in the Australian market prepare for Tranche 2 reforms, and managing Trusts will help firms to prepare ahead of the 1st July deadline.”
— Julia Salasky, CEO & Founder, Legl

‍Widely used across private wealth, property, family office, and cross-border matters, Trusts can present significant operational challenges for law firms, including:

• Identifying and verifying all associated individuals
  
• Understanding beneficial ownership, control and the assets held under the trust
  
• Managing enhanced due diligence requirements
  
• Monitoring ongoing changes in risk profile over time

As regulatory scrutiny increases, particularly in light of Australia’s Tranche 2 AML reforms, firms must demonstrate not only that they have identified connected parties, but that they have robust processes in place to assess risk accurately and consistently. Intelligent automation enables firms to evidence a repeatable, defensible approach to trust due diligence. 

With Legl, firms can easily carry out due diligence on all associated individuals and companies, accelerating the onboarding process with tools to automate the monitoring over the lifecycle of the entity. Clarity on trust assets supports firms to identify assets that might be considered high-risk under firm policies earlier in the process. By automatically converting this information into structured data, Legl also enables firms to maintain full visibility of the connections between trusts, individuals and businesses within their client-base.

This approach to client lifecycle management gives firms intelligence to truly understand compliance and commercial risk, provides a full audit trail to support regulatory obligations and data to help drive intelligence and growth at the firm. 

Supporting expansion in Australia ahead of Tranche 2 reforms

The launch is also a major step forward in Legl’s growth in Australia, where Trust structures are significantly more common and where law firms are preparing for the introduction of Tranche 2 AML reforms.

As Australian legal and professional services firms begin to build robust AML compliance frameworks, Legl brings proven experience from the UK market, where it partners with more than 500 law firms to manage AML risk and compliance at scale.

“Australian firms are at a pivotal moment as Tranche 2 approaches. Trusts are central to the landscape here, and this capability will help firms implement strong compliance processes with confidence. AI-powered Trusts onboarding and compliance capabilities will save huge amounts of time for firms in this market.”
— Robbie Goldberg, Country Director, Legl

About Legl

Legl is a client lifecycle, client experience and client intelligence platform for law firms, enabling firms to manage the full client journey — from intake and due diligence through to ongoing AML compliance and cash collection.

For more information, visit: www.legl.com

Media Contact

Lauren Watson
VP Growth, Legl
[email protected]

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