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.
Email security is the single biggest threat to client confidentiality, yet no-one seems to be doing much about it. Why not? Legal professionals routinely handle just about the most sensitive [...]
Outcomes focused regulation has pushed financial management right to the top of the compliance agenda. The Code of Conduct makes it very clear that all firms must achieve financial stability by [...]
Following the transfer of the responsibility for regulating consumer credit work from the Office of Fair Trading to the FCA in April 2014, the SRA have drawn up proposals for the regulation of [...]
The market could adapt? >> Law Society: third-party client accounts ‘too expensive’ | Law Society Gazette #COLP http://t.co/wYbyeadedG — Jonathon Bray (@Jonathon_Bray) June 16, 2015
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