Risk 4 – Lack of independence
The SRA Risk Outlook 2015/16 highlights what it considers to be the high priority risks for the coming year. Here we take a look at Risk 4, Lack of independence, in a bit more detail. What is [...]
Risk 3 – Lack of a diverse and representative profession
There have been a number of initiatives over the past year that aim to reduce barriers and increase access to law firms, which is seen by the SRA as being the key to inclusiveness. Reducing [...]
Peter Scott on the merger process
We recently asked Peter Scott for his views on the merger process and some key things to consider. Have a read of what he had to say…. Take a merger reality check Recently figures were [...]
Are compliance and ethics the same thing?
How many times have we heard or do we use the word compliance in our everyday lives? According to dictionary.cambridge.org, ‘compliance’ is the act of obeying an order, rule, or request. It is [...]
Risk 2 – Misuse of client money
The misuse of client money is an ever-present risk, as identified in the recent SRA Risk Outlook [LINK]. In 2014, the SRA claims an average of 118 reports of misuse of money and assets each [...]
Risk 1 – Failure to provide a proper standard of service, particularly for vulnerable people
In its latest Risk Outlook, the SRA is keen for solicitors to recognise that many vulnerable people receive a lower quality service than should be expected. Solicitors must be able to recognise [...]
