Tag Results
SRA set to publish names of uninsured firms
Monday, 13 January 2014The Solicitors Regulation Authority should this week publish a list of those law firms which were to have closed on 29 December because they failed to secure professional indemnity insurance, Legal Futures has learned.
Tags: professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors
SRA should reveal progress of malpractice investigations, says FoI adjudicator
Friday, 10 January 2014The Solicitors Regulation Authority is keeping informants who allege malpractice by solicitors in the dark about the progress of their complaint, two years after the Law Society’s own freedom of information adjudicator urged that the problem should be addressed.
Tags: Freedom of Information Act, Law Society, Solicitors Regulation Authority
Posted in Latest news, Solicitors
SRA tells uninsured firms to “come clean”
Wednesday, 8 January 2014It is unclear how many of the 116 firms that were meant to have shut down last week for failing to secure professional indemnity insurance have actually done so, the Solicitors Regulation Authority admitted yesterday.
Tags: professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors
Latest firm to go under after failing to find insurance costs 34 jobs
Thursday, 19 December 2013The toll of firms failing to renew professional indemnity insurance continues to rise, with another 34 people losing their jobs after home counties firm Hilliers HRW LLP called in administrators.
Tags: professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors
SRA dismisses questions over need for OFR
Thursday, 19 December 2013The Solicitors Regulation Authority has hit back over a report questioning why it introduced both entity and outcomes-focused regulation, saying it was acting in the interests of both consumers and lawyers.
Tags: entity regulation, Legal Services Board, outcomes-focused regulation, Solicitors Regulation Authority
Posted in Latest news, Legal Services Board, Solicitors
SRA discovers more firms without insurance as 117 face closure next week
Wednesday, 18 December 2013The Solicitors Regulation Authority (SRA) has found a further 17 firms that have still not secured professional indemnity insurance, taking the current total facing closure next week to 117.
Tags: professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors
Two years into OFR and now LSB research asks: why did we need it?
Wednesday, 18 December 2013The move by the Solicitors Regulation Authority to embrace entity-based and outcomes-focused regulation is hard to understand, major new research commissioned by the Legal Services Board and Law Society has claimed.
Tags: entity regulation, Legal Services Act, Legal Services Board, OFR, outcomes-focused regulation, Solicitors Regulation Authority
Posted in Latest news, Legal Services Board, Solicitors
SRA still trying to work out how many firms don’t have insurance
Wednesday, 11 December 2013A “substantial” number of law firms have failed to tell the Solicitors Regulation Authority whether or not they have professional indemnity insurance, the regulator admitted today. The SRA would not reveal how many had not declared their insurance position.
Tags: professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors
BSB hits back at SRA over independence concern
Thursday, 5 December 2013The Bar Standards Board has rubbished a suggestion from the Solicitors Regulation Authority that it changed a rule to support the Bar Council in its clash with the government over legal aid.
Tags: bar standards board, Solicitors Regulation Authority
Posted in Barristers, Latest news
SRA to investigate impact of legal aid cuts on crime firms
Thursday, 5 December 2013The Solicitors Regulation Authority is to investigate the likely impact of criminal legal aid fee cuts on the viability of law firms amid warnings that the cost to the profession of collapses could spiral.
Tags: interventions, legal aid, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors