The essential guide to conduct, compliance and competence, and the Legal Services Act
Solicitors
Insolvency Service gives SRA a taste of its own medicine
The Solicitors Regulation Authority has had the tables turned after receiving a monitoring visit of its own by the Insolvency Service which then criticised the way it regulates solicitor insolvency practitioners.
Bar calls on judges to halt solicitor “abuse” of QASA
The Bar has called on judges to block solicitors appearing before them as plea-only advocates under the Quality Assurance Scheme for Advocates. There were also calls for action to end the “corrupt practice” of criminal defence solicitors demanding referral fees.
In-house lawyers to face tricky ABS decision
The Solicitors Regulation Authority is to push ahead with changes to the SRA Handbook that will leave it to in-house lawyers to decide whether the law requires that their legal teams become alternative business structures.
SRA scraps minimum salary for trainees
The minimum salary for trainee solicitors will be scrapped on 1 August 2014, the board of the SRA decided yesterday, saying it is not the job of a regulator to control wages. Firms will be required to pay the national minimum wage of £6.08 an hour.
SRA set to delay COLP and COFA regime to 2013
The Solicitors Regulation Authority is set to delay the compliance officer regime, it has emerged. The scheme for compliance officers for legal practice (COLPs) and for finance and administration (COFAs) was due to go live on 1 November.
Law Society launches stinging attack on SRA plan for massive fining powers
Solicitors Regulation Authority plans to introduce multi-million pound fines for law firms are a “significant breach of Parliament’s intentions” and in any case wrong on policy grounds, the Law Society has claimed.
SRA under fire for “failing to act” on bogus law firm warning
A Birmingham law firm is considering action against the Solicitors Regulation Authority for failures which it claims led to it being tricked by a bogus practice as part of a mortgage fraud and now facing a court order to repay £184,500 to the lender.
LSB calls on government to back bid for huge increase in SRA’s fining powers
The Legal Services Board has called on the government to support a bid by the Solicitors Regulation Authority for a massive increase in the amount it can fine law firms. The SRA wants to increase its power to fine law firms from £2,000 to £250m, and to £50m for individuals.
SRA acts over identity fraud after series of bogus law firms
A rash of bogus law firms in recent months has persuaded the Solicitors Regulation Authority (SRA) to publish guidance for solicitors on guarding against identity theft. It has issued six warnings about bogus firms or branch offices of legitimate firms in the past six months.
Regulators and professional bodies strike MDP deal
Twelve regulators and professional bodies from the legal, accountancy, financial and property sectors have finally signed a formal agreement aimed at co-ordinating the oversight of multi-disciplinary practices.
   |
Associate News
SOS donates Bath’s first public access defibrillator
First Title launches policy to mitigate risks from new Localism Act
Peppermint platform delivers COFA and COLP toolset
VTUK integrate ETSOS ordering platform into sales software
Making the most of your press releases
Survey reveals urgent action is needed against online abuse
Peppermint apprentices – you’re hired!
