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It is plain that the SRA is keen to be seen as innovative, forward-thinking and ultimately the ‘regulator of choice’ when it comes to MDP ABSs. However, when you look beyond the hype of this development and consider the detail, it becomes clear that the SRA’s methodology in licensing MDPs is fundamentally flawed.

Legal education providers have warned that the possible introduction of a new, centralised assessment test for all would-be solicitors by the Solicitors Regulation Authority could be “a step back”.

The Solicitors Regulation Authority closed three law firms in London and Essex in just two days last week, giving suspected dishonesty as a reason for each separate intervention.

The Legal Services Board has approved the introduction of restrictions that prevent large organisations from making claims on the Solicitors Compensation Fund. Claims will only be considered if they are made by individuals, small businesses, small charities or small trusts.

The Solicitors Disciplinary Tribunal (SDT) has struck off Nasir Ilyas, the last partner of North West firm Wolstenholmes to be disciplined for professional misconduct.