Compliance Failures – material or not?
COLPs and COFAs are under a duty to keep a record of all compliance failures and to report breaches to the SRA as required. In the case of “material” (i.e. serious) breaches, as a rule of thumb [...]
Christmas do: Festival frivolity or serious marketing opportunity?
Firms intending to host festive client events as part of their marketing strategy this year will shortly be turning their thoughts to venue choices, canapés selections and whether or not the [...]
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Meet the SRA Regulators – Andrew Garbutt
We talk to Andrew Garbutt, Director of Risk at the SRA Please give a brief background about yourself and explain your role at the SRA. I started working in the Law Society group in 2005 working [...]
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An overview of the SRA COLP and COFA Conference 2013
On 16 October 2013 the SRA held its first conference for law firm Compliance Officers, entitled “The key to compliance”, at the NEC in Birmingham. Around 500 delegates – mainly COLPs [...]
Hot Topic – Financial Stability say the SRA
When the SRA launched its “Risk Outlook” in July there was no doubt that the most significant risk identified was financial difficulty/stability. At the heart of the matter is [...]
Legal Service Board Alternative Business Structures Survey 2013 – Headline Figures
Over the summer the Legal Service Board (LSB) conducted a survey of the 193 Alternative Business Structures (ABS) licence holders (38 CLC and the remainder SRA). The survey set out to gather [...]
