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The rule which requires the Solicitors Regulation Authority to approve the individuals who own companies that in turn own alternative business structures is set to be scrapped. The requirement for firms to keep a record of non-material breaches of the SRA Handbook may also go.

The Bar Standards Board (BSB) has said that producing a “common document” on the knowledge and skills required by solicitors and barristers has “not proved possible”.

The Solicitors Regulation Authority has said that over 200 law firms of all sizes have opted into its new ‘continuing competence’ regime. From 1 April firms have been able to leave behind the old hours-based continuing professional development system.

A personal injury claims mediation business, an American law firm and one of the largest local authority shared legal services in the country are among the latest alternative business structures to be licensed by the Solicitors Regulation Authority.

A criminal appeals charity run by lawyers has applied to the Solicitors Regulation Authority to be a regulated legal practice, and could become the first charity to become a traditional law firm in its own right.