News
Court of Appeal ruling reasserts fundamental principle of client-lawyer confidentialitySeptember 14, 2018The Law Society has reported that a landmark ruling from the Court of Appeal in the case of The Serious Fraud Office v Eurasian Natural Resources Corporation Ltd has helped to ensure that clients, seeking legal advice when they fear prosecution, will have their confidentiality protected.
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SRA says solicitors should check frozen asset listSeptember 10, 2018SRA urges solicitors to check the HM Treasury frozen assets review to make sure they are not holding monies belonging to a client that is subject to financial sanctions, and if they are to make the appropriate report.
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SRA urges caution over new legal business partnersSeptember 7, 2018Following recent reports that firms have been infiltrated by fraudsters seeking to steal from clients, the Solicitors Regulation Authority is urging solicitors to make sure that the credentials of people approaching their firm to offer business expansion are genuine.
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Law Society forecasts legal sector growth could halve if Britain crashes out of EUAugust 24, 2018Law Society predicts that almost £3bn could be stripped from legal sector turnover by 2025 if the UK crashes out of the EU without a deal and there is a significant risk over the longer term that less investment, less competition with non-UK firms, and less access to skilled staff from other EU countries.Read More
SRA Issues PPI WarningJuly 9, 2018SRA reminds law firms that they must make sure they are acting in their client’s best interests, and charging appropriately, when handling claims for mis-sold payment protection insurance (PPI). Read More
Law Society Opposes Two-tier RegulationJune 18, 2018Plans by the Solicitors Regulation Authority (SRA) to push ahead with rule changes that will create different tiers of regulation within the solicitor profession has met with criticism from the Law Society of England and Wales who have urged the Legal Services Board (LSB) to consider the best interests of the public first.
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Regulatory Reform Details AnnouncedJune 17, 2018SRA announces planned package of regulatory reforms which, they claim, are designed to provide solicitors and law firms with greater flexibility over how they operate, making legal services more accessible to the publicRead More
2018/19 Compensation FundJune 14, 2018SRA set the level of contributions to the Compensation Fund for 2018/19 - an substantial rise over previous year's levels.Read More
Law Society Opposes PII ProposalsMarch 25, 2018Law Society states that SRA plans to reduce consumer protection standards in legal services would hurt solicitors and clients alikeRead More