Tag Results
Revealed: SRA complaints sparked Law Society guidance on “headline pricing”
Wednesday, 1 September 2010Solicitors Regulation Authority (SRA) complaints two years ago about the way some conveyancing law firms were advertising their prices led the Law Society to issue guidance last week on “headline pricing”, Legal Futures has discovered.
Tags: conveyancing, headline pricing, Solicitors Regulation Authority
Posted in Marketing & PR, News, Solicitors
Irish exemption to end as transfer scheme dispute continues without resolution
Tuesday, 31 August 2010There is no sign of a resolution to the Law Society of Ireland’s threat to judicially review the new Qualified Lawyers Transfer Scheme (QLTS), meaning that from tomorrow Irish solicitors will no longer benefit from the automatic exemption that they do now. The judicial review started by the Law Society of Ireland has been stayed until 30 September.
Tags: qualified lawyers transfer scheme, Solicitors Regulation Authority
Posted in News, Solicitors
Claims lodged over dishonesty and default by solicitors more than triples to £157m
Tuesday, 10 August 2010The value of compensation claims lodged as a result of dishonesty by solicitors has more than trebled to an astonishing £157 million, Legal Futures can reveal. The rise goes hand in hand with a continuing rise in the number of law firms closed down, which was 90 in the year to June, a rise of 22%.
Tags: Solicitors Compensation Fund, Solicitors Regulation Authority
Posted in Solicitors
Revealed: Law Society Council cut PC fee
Friday, 6 August 2010The Law Society Council decided to reduce the practising certificate (PC) fee requested by the Solicitors Regulation Authority (SRA) from £460 to £428, Legal Futures can reveal. But it does not impact the SRA’s budget and so is unlikely to have repercussions for relations between the Law Society and SRA.
Tags: Law Society, practising certificate fee, Solicitors Regulation Authority
Posted in Solicitors
Equal before the law?
Wednesday, 21 July 2010The strained relationship that black and minority ethnic (BME) solicitors have with their regulator came back sharply into view this week with publication of a report into BME solicitors’ disproportionately high representation in the regulatory activities of the Solicitors Regulation Authority.
Tags: Solicitors Regulation Authority
Posted in Blog
Experience, not race, is key indicator of risk of regulatory action, says SRA report
Monday, 19 July 2010Experience is a greater predictor of whether solicitors will face regulatory action, not race, an in-depth study has concluded. However, research commissioned by the Solicitors Regulation Authority said that in some situations SRA processes compounded the level of disproportionality currently experienced by BME solicitors.
Tags: diversity, Solicitors Regulation Authority
Posted in News, Solicitors
SRA to offer LPC exemptions for first time
Monday, 19 July 2010Plans to allow students to claim exemptions from the legal practice course (LPC) for the first time have been unveiled by the Solicitors Regulation Authority – although it will be for the LPC provider to decide whether to accept them.
Tags: legal practice course, Solicitors Regulation Authority
Posted in News, Solicitors
Breaking news: law firms face closure as SRA unveils ARP crackdown
Friday, 16 July 2010The Solicitors Regulation Authority today announced a major crackdown on law firms in the assigned risks pool, with firms unable to exit the pool at the end of their term or to pay their premiums likely to be closed down.
Tags: assigned risks pool, Solicitors Regulation Authority
Posted in Indemnity insurance, News, Solicitors
Pressure grows on SRA to find alternatives to “sledgehammer” of intervention
Friday, 9 July 2010Pressure is growing on the Solicitors Regulation Authority (SRA) to find alternatives to marching in and shutting down law firms in trouble, Legal Futures has discovered. A blueprint to reduce the number of interventions – which cost around £100,000 a time – has been put forward.
Tags: intervention, Solicitors Regulation Authority
Posted in News, Solicitors
SRA publishes new regulatory regime for solicitors, including 46-page code of conduct
Friday, 28 May 2010The Solicitors Regulation Authority has today laid out the detail of its proposed new approach to regulation, including first sight of an outcomes-based code of conduct that at 46 pages is around a sixth the size of the current code.
Tags: Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
Blog
Our vision for 2026: A shared approach to AML
We want to see law firms start taking AML compliance as seriously as it deserves. This means treating it not as a tick-box exercise or a procedural necessity, but as a serious part of company culture.
Why later-life divorce requires a distinct professional framework
Later-life divorce, often described as ‘silver splitter’ or ‘grey divorce’ cases, is no longer a marginal feature of family law practice. It challenges long-standing assumptions about how divorce work is done.
Listening, learning and leading The Solicitor’s Charity with care
As I prepare to hand over the mantle of chair of The Solicitor’s Charity next month, it doesn’t feel like an end. Instead, it feels like a wonderful journey.
