
The storm is coming – and a good thing too
It’s all rather quiet on the alternative business structure front right now but don’t be fooled into thinking that nothing is happening. The Solicitors Regulation Authority has received around 50 stage-one applications for licensing in the first two weeks and is now starting to send out the main application form, which I understand is something of a whopper.

The drama taking place under our noses
The Law Society, in my experience, is rather good at making things complicated. For evidence, look no further than the new internal governance arrangements which received lukewarm support from the Legal Services Board shortly before Christmas. This may seem like a dry and esoteric issue to most. Virtually everyone, in fact, which is why pretty much nobody else seems to write about or comment on it. They are wrong.

Please sir, the dog ate my client-care letter
The new caring, sharing Solicitors Regulation Authority issued a caring, sharing press release shortly before Christmas. Entitled “Take care with vulnerable clients, SRA urges”, it admonished solicitors “to ensure they pay close attention to clients’ needs from the outset to make sure they deliver a proper standard of service”. It is one of the most patronising things I have seen from the SRA.

If you’re scared of OFR, perhaps you haven’t been listening
Samantha Barrass, executive director of supervision, risk and standards at the Solicitors Regulation Authority, responds to Michaela Hardwicke’s blog last week, The scary new world of OFR, to argue that the SRA has prepared the profession for the new regulatory environment and outlines how it expects to engage with firms in the future.

The scary new world of OFR
What do you get when you have 60 solicitors in a room discussing outcomes-focused regulation? You get concern, frustration, cynicism, lack of trust and an overwhelming desire for answers and solutions. There was not only a natural desire to understand and comply with the new regulatory regime but also a huge amount of frustration over the lack of guidance from the Solicitors Regulation Authority.






