Tag Results
First law firm regulated by the SRA gains access to BARCO
Wednesday, 9 December 2015The Solicitors Regulation Authority has issued its first waiver to a law firm it regulates to allow it to use the Bar Council’s escrow service BARCO, with three other firms in the pipeline, it has emerged.
Tags: Bar Council, bar standards board, BARCO, escrow, Solicitors Regulation Authority
Posted in Barristers, Latest news, Solicitors
Legal regulators should work “much more closely together”, Conservative MP says
Wednesday, 9 December 2015An influential Conservative MP has said he is “very keen” to see how the legal regulators could work “much more closely together”. Alberto Costa is a solicitor and member of the justice select committee.
Tags: bar standards board, Chartered Institute of Legal Executives, Single regulator, Solicitors Regulation Authority
Posted in Barristers, Latest news, Legal Executives, Regulation, Solicitors
SRA puts Solicitors Qualifying Examination at centre of training revolution
Tuesday, 8 December 2015The Solicitors Regulation Authority has set out plans for a centralised assessment test, the Solicitors Qualifying Examination, for all those wanting to join the profession. The new exam would not be introduced before the 2018/19 academic year.
Tags: competence statement, Education and training, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Soldier turned solicitor sets up ABS with former special forces officer
Friday, 4 December 2015A soldier turned solicitor has set up an alternative business structure with a former special forces officer. Proelium Law aims to provide commercial law, international law and security advice to businesses and other organisations wanting to operate in conflict zones such as Iraq and Afghanistan.
Tags: Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Act
SRA to research competence of personal injury lawyers
Friday, 4 December 2015The Solicitors Regulation Authority is to launch a research project on the “competence” of personal injury lawyers, it has emerged. The research will examine the “decisions and processes implemented by firms to respond to legislative and market changes”.
Tags: personal injury, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Separation would be better for both of us, SRA leaders tell Law Society
Thursday, 3 December 2015The leaders of the Solicitors Regulation Authority have made it clear that they believe it would be better for the public and the profession if they had complete independence from the Law Society. They were responding to the Treasury’s announcement earlier this week on independent regulation.
Tags: independent regulation, Law Society, Solicitors Regulation Authority, Treasury
Posted in Latest news, Legal Services Act, Regulation, Solicitors
Solicitors should be able to practise from unregulated firms, SRA suggests
Friday, 27 November 2015Practising solicitors should be allowed to deliver advice to the public from unregulated firms, subject to restrictions, the Solicitors Regulation Authority has suggested as part of a phased review of how it regulates both individuals and organisations.
Tags: accounts rules, Solicitors Regulation Authority, SRA Handbook
Posted in Accounts rules, Latest news, Regulation, Solicitors
SRA withdraws solicitor’s suspension following intervention
Wednesday, 25 November 2015The Solicitors Regulation Authority has taken the unusual step of restoring a solicitor’s practising certificate after discovering he was not a partner in a law firm that was the subject of an intervention.
Tags: accounts rules, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Former Blake Lapthorn partner agrees to leave profession over client account withdrawals
Monday, 23 November 2015A former partner at Blake Lapthorn has agreed with the Solicitors Regulation Authority that he will apply for his name to be removed from the roll after admitting five improper withdrawals of client money totalling almost £222,000. He used client money, without consent, for the benefit of another client – known as ‘teeming and lading’.
Tags: regulatory settlement agreement, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Probate manager who admitted 140 “improper withdrawals” from client accounts blamed pressure of work
Tuesday, 17 November 2015A probate manager who admitting making 140 “improper withdrawals” over a period of 11 years, resulting in a client account shortage of £730,000, has been banned from working for law firms. Though he acted recklessly, the Solicitors Disciplinary Tribunal did not find him dishonest.
Tags: Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors