Industry Insights

It’s finally here, launch day for the SRA Standards and Regulations. Are you ready with your party poppers and fanfare? The new rules have been talked about ad nauseam over the last few [...]

A slide deck to accompany Jonathon Bray’s presentation on the new Solicitors Regulation Authority (SRA) rules, coming into force on 25 November 2019. Essential reading for COLPs, COFAs and [...]

The SRA have now produced their most recent Risk Outlook – a must read for all COLPs and COFAs as to what the SRA are homing in on.  Don’t be fooled by the reduction of issues from 10 to 9 – they [...]

For those of you frustrated by the grey areas and contradictions inherent in the risk-based anti-money laundering regime (AML) regime, this (long) guidance from the Financial Action Task Force [...]

From Monday 3rd June 2019 you will have four weeks to complete your firm’s diversity data and report to the SRA. It is an important exercise – studies show that a diverse workforce has many [...]

A quick update on the regulatory landscape for SRA regulated law firms. Particularly relevant for COLPs and COFAs in discharging their duties. Overview of the new SRA ‘Standards and [...]

On 22 February the Ministry of Justice (MOJ) published new No-deal Brexit guidance for lawyers. Although it is nothing that was not known before, this document is a must-read for: European [...]

Forget about gym-membership subscriptions and new healthy eating regimes. Maybe something a little more palatable would be a constructive look at planning your risk and compliance tasks for the [...]

What are the SRA Transparency Rules? The clue is in the name! Law firms are to be more transparent in respect of the prices and services that they offer. The SRA transparency rules are part of [...]