SRA announces trainee minimum salaries u...
Posted by admin in News Items on 07 23rd, 2010 | Comments Off
23 July 2010 Each year the SRA stipulates two minimum salary levels?one for trainees working in Central London and another for trainees working elsewhere in England and Wales. Similarly, we specify two recommended salary levels. This year the figures remain unchanged from those for the period 1 August...
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Bribery Act delayed...
Posted by admin in News Items on 07 23rd, 2010 | Comments Off
23 July 2010 The Government has issued a press statement that the Bribery Act will now come into force in April 2011. The Act, which received Royal Assent in April 2010 will, it is claimed, ensure that the UK is at the forefront of the battle against bribery and pave the way for fairer practice by encouraging...
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SRA publishes research into disproportio...
Posted by admin in News Items on 07 22nd, 2010 | Comments Off
22 July 2010 The Solicitors Regulation Authority has published the final report on research into the over-representation of black and minority ethnic (BME) solicitors in regulatory decisions and outcomes. The report, commissioned by the SRA as part of its Equality and Diversity Strategy, concludes that a...
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LSC launches family graduated fee scheme...
Posted by admin in News Items on 07 22nd, 2010 | Comments Off
22 July 2010 On 14 October the Legal Services Commission will be implementing the new Family Fee Schemes. The schemes will provide separate payments during the life of a case and works alongside existing arrangements for paying solicitors? profit costs and disbursements. The new schemes involve: a...
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QLTR application deadline approaches...
Posted by admin in News Items on 07 22nd, 2010 | Comments Off
22 July 2010 Internationally qualified lawyers and lawyers qualified in the UK seeking admission as solicitors in England and Wales have until 31 August 2010 to submit their applications to the Solicitors Regulation Authority (SRA) under the existing Qualified Lawyers Transfer Regulations (QLTR). From...
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SRA proposes tough ARP strategy...
Posted by admin in News Items on 07 16th, 2010 | Comments Off
16 July 2010 In the face of growing disquiet from professional indemnity insurers over the potential liabilities for the Assigned Risks Pool, the SRA Board has today approved a strategy for the enhanced control of the Assigned Risks Pool, which provides indemnity for solicitors? firms who have failed...
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The Ostrich and the ABS...
Posted by admin in Alternative business structures on 07 16th, 2010 | Comments Off
A recent article in the Law Society’s Gazette, optimistically entitled Small firms will be ?resilient? in the face of ABSs summed up a report by consultants Oxera, commissioned by the Law Society, which came to the conclusion that ABSs are not only unlikely to undermine geographic access to justice...
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Legal Practice Course: policy on accredi...
Posted by admin in Consultations on 07 15th, 2010 | Comments Off
SRA Consultation Consultation closes 21 October 2010 The SRA are seeking views as to their proposals to allow exemptions from the Legal Practice Course (LPC) in specific circumstances. The SRA regulates qualification as a solicitor and the satisfactory completion of a Legal Practice Course (LPC) is an...
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MOJ sets out structural plan...
Posted by admin in News Items on 07 15th, 2010 | Comments Off
15 July 2010 The Government has launched a Structural Reform Plan (SRP) which sets out clear priorities and transparent milestones for every department across Government, allowing the public to check whether commitments are met. The Ministry of Justice?s SRP sets out the top five priorities for restructuring...
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New Online Privacy Rules...
Posted by admin in News Items on 07 15th, 2010 | Comments Off
15 July 2010 Organisations that flout privacy online risk a double whammy of enforcement action by the Information Commissioner?s Office and the loss of trust from customers. In a major speech on privacy protection, Christopher Graham, the Information Commissioner, appealed to businesses, charities and...
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Intervention – should be a last re...
Posted by admin in Blog on 07 14th, 2010 | No Comments
An intervention into a solicitors? practice is a process which the Solicitors Regulation Authority should only ever undertake as a last resort and is designed to protect the interest, property and money of clients. It is a drastic step and one which will invariably result in the closure of the practice...
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Professional Indemnity Insurance 2010 ? ...
Posted by admin in Professional Indemnity Insurance on 07 14th, 2010 | Comments Off
Introduction This year?s professional indemnity insurance renewal is likely to be one of the most difficult the profession has seen for some considerable time and many firms should already be making contingency arrangements in the event that they are not successful in placing their insurance business. A...
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Is it time for a solicitors? defence uni...
Posted by admin in Blog on 07 13th, 2010 | No Comments
This Blog Item first appeared on legalfutures. Legal Futures? revelation that the Solicitors Regulation Authority (SRA) has agreed that professional indemnity insurers will no longer have to pay the defence costs of solicitors facing disciplinary proceedings (see story) is a major blow to those likely...
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