Tag Results
SRA warns firms and solicitors: co-operate or else
Friday, 19 October 2012The Solicitors Regulation Authority sent out a strong message yesterday that firms which fail to co-operate with it will face tough action. It also emerged that the SRA is set to share details of the risks it considers law firms face with their COLPs and COFAs.
Tags: COFA, COLP, compliance officer for finance and administration, compliance officer for legal practice, Solicitors Regulation Authority, supervision
Posted in Latest news, Solicitors
New ABSs target high net-worth individuals and Yorkshire high street
Thursday, 18 October 2012A Mayfair-based private client firm that has close links to a wealth manager and a personal injury practice that is diversifying into other areas of law have become the first new alternative business structures in nearly a month.
Tags: ABS, Alternative business structures, financial services, high street firms, personal injury, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
Susskind lays out blueprint for education and training reform
Thursday, 18 October 2012The Legal Education and Training Review (LETR) should recruit a high-powered team of young lawyers to vet its proposals and provide fresh insights into the future of the legal marketplace, Professor Richard Susskind has urged.
Tags: bar standards board, ILEX Professional Standards, legal education and training review, LETR, Solicitors Regulation Authority
Posted in Barristers, hrtraining, Latest news, Legal Executives, Solicitors
High Court throws out racial discrimination challenge to SDT ruling
Wednesday, 17 October 2012The High Court has thrown out a solicitor’s challenge to the decision to suspend him, which he argued was tainted by racial discrimination. Mr Justice Haddon-Cave said that “no scintilla of discrimination of any kind is detectible”.
Tags: Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Solicitors
High Court backs SRA bid to increase suspension of solicitor to a strike-off
Tuesday, 16 October 2012The High Court has struck off a solicitor who was only suspended by the Solicitors Disciplinary Tribunal. The Solicitors Regulation Authority appealed the February 2011 decision to suspend him for three years, even though he was found him to have acted dishonestly.
Tags: Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Revealed: criminal Bar threatens JR over "unlawful and unworkable" advocacy scheme
Monday, 8 October 2012The Quality Assurance Scheme for Advocates (QASA) is unlawful, unnecessary and unworkable and will be judicially reviewed if it goes ahead, criminal law barristers will warn this week in a response to the final consultation seen by this website.
Tags: bar standards board, criminal law, ILEX Professional Standards, QASA, Quality Assurance Scheme for Advocates, Solicitors Regulation Authority
Posted in Barristers, Latest news, Legal Executives, Solicitors
SRA "hoodwinked" over financial services change, expert warns
Monday, 8 October 2012The Solicitors Regulation Authority has been “hoodwinked” into changing its rules on referrals to financial advisers and risks involving solicitors in the mis-selling of investment products, a former senior financial regulator has claimed.
Tags: financial services, Solicitors Regulation Authority
Posted in Client care, Latest news, Solicitors
In brief: Law Society gives in over reaccreditation, QS in Barnardo’s will push and much more
Friday, 5 October 2012Our regular news round-up covers the Law Society bowing to pressure over criminal litigation accreditation scheme plans, banks signing up to a new probate protocol, QualitySolicitors’ charitable partnership with Barnardo’s, the College of Law adding a Masters in Law to the LPC, an IP firm diversifying, and sluggish growth at the top firms.
Tags: criminal law, intellectual property, Law Society, legal practice course, LPC, probate, QASA, Quality Assurance Scheme for Advocates, QualitySolicitors, Solicitors Regulation Authority
Posted in Latest news, News In Brief
Relief for solicitors’ wallets as small number of firms apply to enter ARP
Wednesday, 3 October 2012The number of applications from law firms to enter the assigned risks pool in its last year is back to pre-crisis levels, the Solicitors Regulation Authority has reported. This year the profession is liable to pay the first £10m in claims that arise from the pool.
Tags: assigned risks pool, Law Society, professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors
SRA ‘unsure’ whether to act on complaints of loss-leader pricing by law firms
Tuesday, 2 October 2012Complaints from competitors that a law firm is engaging in predatory pricing are difficult to deal with, the Solicitors Regulation Authority admitted last week. At the same time, regulators were urged to make it easier for firms to inform them about what other practices in their area were up to.
Tags: professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors