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Consumer watchdog gives SRA’s ABS application green light – with reservations
Monday, 9 May 2011The Solicitors Regulation Authority’s application to become a licensing body for alternative business structures has been endorsed by the Legal Services Board’s consumer watchdog, but with reservations. The Legal Services Consumer Panel expressed disappointment that some recommendations it made during consultations were not adopted.
Tags: ABS, Alternative business structures, Legal Services Board, Legal Services Consumer Panel, OFR, outcomes-focused regulation, Solicitors Code of Conduct, Solicitors Handbook, Solicitors Regulation Authority
Posted in Alternative business structures, Consumer panel, News
Countdown to outcomes-focused regulation begins as SRA publishes Handbook
Wednesday, 6 April 2011Solicitors, law firms and would-be alternative business structures today get first sight of the new SRA Handbook, the 563-page guide to practising and running a legal practice. The Handbook – delivered on schedule and exactly six months before it is due to come into force – introduces the profession to outcomes-focused regulation.
Tags: ABS, Alternative business structures, OFR, outcomes-focused regulation, Solicitors Handbook, Solicitors Regulation Authority
Posted in News, Solicitors
SRA approves new conflicts rule as it prepares to publish 563-page Handbook
Monday, 21 March 2011The Solicitors Regulation Authority has substantially reworked its new rule on conflicts of interest, which will come into force later this year. Legal Futures has had advanced sight of the 563-page SRA Handbook ahead of its publication on 6 April, although the new Code of Conduct is just 54 pages.
Tags: conveyancing, Law Society, outcomes-focused regulation, Solicitors Code of Conduct, Solicitors Handbook, Solicitors Regulation Authority
Posted in News, Solicitors
Blog
The rise of the agent
We believe AI agents are going to represent the biggest change to the way in which the general public interact with professional services business for generations.
The lonely role of a COFA: sharing the burden of risk management
Compliance officers for finance and administration in law firms can often find themselves walking a solitary path. But what if we could create a collaborative culture of shared accountability?
Mind the (justice) gap: Why are RTAs going up but claims still down?
The gap between the number of road traffic accident injuries and the number of motor injury claims continues to widen, according to the latest government data.
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