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That will be principles based and outcome focused then!
Tuesday, 16 February 2010Those of us with recent experiences of the Financial Services Authority’s changing approach to regulating its industry firms, should be forgiven a wry smile on reading SRA board chairman Charles Plant’s article on ‘outcomes-focused regulation’ which appeared in the Law Society Gazette on 11 February 2010.
Tags: FSA, outcomes-focused regulation, Regulation, SRA
Posted in Blog
Blog

Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.

The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.

Whistleblowing guidance for in-house lawyers – a call to arms
In-house lawyers are in a unique position to spot wrongdoing. But reporting it is not just potentially dangerous from a personal point of view.
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