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Once firms have collected their diversity data, it will need to be reported to the SRA from mid-August. The SRA will email authorised signatories with further details. Firms will have until the [...]

The SRA have released their Risk Outlook 2015/16, which has the stated aim of striking a balance between giving firms the necessary freedom to do business, but with a clear focus on maintaining [...]

As the legal profession continues to be targeted by scams and attacks from cyber criminals, the SRA identifies key risk areas and suggests that solutions need not be expensive or difficult to [...]

The legal profession is becoming more innovative, according to a recent study (read article here) commissioned by the SRA and LSB, although much more can be done.  Professor Richard Moorhead has [...]

Did you know that the SRA regime for taking on trainee solicitors changed in 2014?  Here is a quick guide to the main changes. What are the main changes? For training contracts entered into after [...]

The Legal Ombudsman (LeO) has announced that it is delaying changes to its scheme rules until January 2016.  This means that the changes anticipated for 9 July will no longer go ahead. Amongst [...]

The Law Society has produced an excellent practice note on meeting the needs of vulnerable clients. It is essential reading for all lawyers, especially those whose work involves serving members [...]

The Legal Ombudsman (LeO) has published data about the user profiles of legal services.  This makes for an interesting read.  To view the report, click here

Here is an infographic detailing how to get rid of troublesome residual client balances in line with the SRA Accounts Rules 2011.