The SRA has published an update to its Risk Outlook and warns legal professionals of the risks currently facing law firms. The report contains a table of today’s key risks: Misuse of money or [...]
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 [...]
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 [...]
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 [...]
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 [...]
The SRA’s decision not to ban Personal Injury inducements and incentives has put the cat amongst the pigeons, hasn’t it? And now APIL’s Chief Executive, Deborah Evans, has [...]
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