The new regulatory regime, replacing thr SRA Handbook with new SRA Standards and Regulations, will now come into force on 20 November 2019
Andrew Allen provides an overview of the changes to the SRA Accounts Rules, expected to come into force in April 2019. What are the challenges and opportunities, and what do firms need to do now to prepare?
PII is in flux. The market is hardening, free post-run-off cover is ceasing, regulatory changes will introduce classes of solicitor with less or no cover, and proposed changes could reduce minimum cover. Steve Ray and Jenny Screech round up the changes, and the likely effects
Jonathon Bray provides a personal perspective on the SRA’s new rulebook, and the complexity it could create in the profession
From 6 December 2018, law firms undertaking a number of common areas of work will need to publish price- and service-related information on their websites. Sarah Brodie looks at what this could mean in practice
What action should your firm be taking in a no-deal scenario? The Law Society has published a series of papers for solicitors in the event of a no-deal Brexit, including the impact of the loss of judicial cooperation mechanisms and how to provide legal services in the EU.
Following the introduction of mandatory gender pay gap reporting in 2017, the Law Society has produced guidance for the profession to capture the best practice that will help us set the right standards for the legal sector and build a clearer picture and way forward
The Legal Services Board (LSB) has confirmed it will rubber-stamp changes to allow multiple tiers of solicitors and reduce protections for the public. We believe these changes will put consumers at risk
Law firms will have to publish details of their employees’ experience and the time work is likely to take – as well as their prices – when new transparency rules come into force in December.
Amy Bell offers her top five tips for accounts staff to help in the fight against money laundering through client accounts
The Solicitors Regulation Authority has now submitted its proposed Handbook reforms to the Legal Services Board. Paul Bennett looks at the changes in the new versions, and what you need to do now to get prepared
Paul Bennett looks at the ethical aspects of how law firms should manage misconduct, and why the 2019 regulatory changes will mean firms need to manage ethical risk in a new way
In new guidance, the Legal Ombudsman (LeO) has urged firms to consider investing in a corporate email solution that can be properly protected rather than web-based solutions.
Regulators have begun a major review of reporting requirements for firms dealing with suspected misconduct by their employees.
Lucy Trevelyan looks at the professional indemnity insurance landscape for the years ahead. How can firms take advantage of a soft market and prepare for it hardening? What might proposed changes to minimum cover mean for the profession and clients?
The Solicitors Regulation Authority (SRA) is pushing ahead with rule changes that will create different tiers of regulation within the solicitor profession. The Law Societry has urged the Legal Services Board (LSB) to reject these proposals.
The Solicitors Regulation Authority (SRA) wants to reduce the minimum levels of insurance cover that regulated firms must hold. The Law Society will be submitting our analysis of the proposals. But one of the questions we are left with is: who will benefit from these reforms?
Reducing consumer protection standards in legal services would hurt solicitors and clients alike, the Law Society has said in response to proposals to slash levels of mandatory professional indemnity insurance (PII) cover for solicitors.
The GDPR is just four months away. Firms may already be prepared for major changes to how they handle client data, but do you know it also applies to data on your people? Andrew Kimble and Dan Fawcett provide a guide for managing partners and HR professionals
The Solicitors Regulation Authority is set to introduce a new compliance regime, and the changes are the most significant since 2011. Paul Bennett outlines the proposals and their potential impact, to help you plan ahead