We provide advice and support on regulatory processes and complaints, rules and ethics, professional indemnity insurance, and education and training. We also represent the views of our members in our consultation responses to help shape the regulatory regime in England and Wales.
This practice note is designed to give firms an overview of outcomes-focused regulation (OFR) and issues for consideration.
On 23 March 2018, the Solicitors Regulation Authority (SRA) released its consultation 'Protecting the users of legal services: balancing cost and access to legal services'. This briefing provides members with an overview of the SRA consultation.
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the Money Laundering Regulations), which came into effect on 26 June 2017, have posed a challenge for firms of all sizes.
The Law Society has responded to the Legal Service Board’s consultation on reviewing its Internal Governance Rules (IGRs).
HMCTS has recently announced six separate, but related, public consultations about the future of the HM Courts and Tribunals Service estate.
In October 2017 HM Treasury published the second National Risk Assessment (NRA) of money laundering and terrorist financing as significant threats to the UK’s economic security. What in practical terms does it mean for law firms?
The state must protect vulnerable people from being deprived of their liberty without proper legal safeguards, the Law Society of England and Wales said following a stinging ruling in the Court of Protection.
We believe the proposed changes could increase uncertainty for the profession and erode vital client protections. We take the view that flexibility for solicitors should not come at the expense of clients.
With more than US $3 billion being raised by way of Initial Coin Offering (ICO) in 2017 and the price of Bitcoin breaking through the US $19,000 mark (and dramatically falling again), interest in ICOs and cryptocurrencies is at an all-time high.
The Legal Ombudsman (LeO) should focus on high quality and efficient complaints handling, the Law Society of England and Wales said in its response to LeO’s draft business plan for 2018-19.
Other advice, products and services from the Law Society:
A summary digest of key recent news and meetings relating to the SRA, LSB and LeO.
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