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SRA drops ‘group licensing’ approach for firms operating overseas

The Solicitors Regulation Authority (SRA) has abandoned plans to impose a group-wide approach to the regulation of firms which engage in activities overseas as it launched a second consultation on amending the SRA Handbook in relation to international practice.

January 3rd, 2013 | No Comments »

France says ‘Non’ to ABS

Alternative business structures cannot be viewed as law firms and will not be allowed to operate in France, the body representing the 179 French bar associations has said. They claimed ABSs conflict with lawyers’ independence.

July 11th, 2012 | 1 Comment »

New York lawyers told they cannot run the Big Apple operation of an ABS with external investors

New York lawyers are banned from running the Big Apple office of a UK alternative business structure with non-lawyer owners, the New York State Bar’s committee on professional ethics announced yesterday.

March 22nd, 2012 | 1 Comment »

SRA eyes expanded international reach by offering to regulate foreign firms

Foreign law firms could choose to be regulated by the Solicitors Regulation Authority under proposals put forward yesterday. An SRA green paper also suggests introducing a single “passport to practice” for firms with multiple overseas offices.

November 9th, 2011 | No Comments »

SRA to review approach to conveyancing, financial stability and international matters

The Solicitors Regulation Authority will next year conduct ‘thematic reviews’ on its approach to conveyancing, the financial viability of law firms, and both English firms’ overseas practice and foreign lawyers working over here, it has emerged.

December 1st, 2010 | No Comments »