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Briefing quick find:

Solicitors Journal – Understanding the regulatory process

Keeping track of changes in regulation can be difficult given the sheer volume of regulators and other interested bodies which solicitors now have to deal with. In addition to the SRA as our frontline regulator, compliance officers should look to lessons which can be learned from decisions…

Solicitors Journal – Simplifying the regulatory maze

Lawyers in the UK are largely inured to the excessive complexity of the regulation of legal services in England and Wales. We occasionally quirk an eyebrow at the ever-increasing number of legal services regulators and get back on with our daily lives, adding a grumble or two…

Solicitors Journal – Grappling with outdated notions

The extent to which legal services should be regulated has been in the news again this month. At a time when the Solicitors Regulatory Authority (SRA) is consulting on reducing red tape and the extent of its jurisdiction in relation to international practice, the issue of…

Solicitors Journal – Walk the line

The legal profession is facing tough times. A perfect storm of increasing costs, decreasing cashfl ow, pressure from lenders and increased competition means that there are lots of fi rms which are struggling with their fi nances. Already in 2013 some reasonably well known fi rms have…

Solicitors Journal – Lucky number seven

April 2013 has seen a great many changes which will aff ect solicitors and legal professionals in a number of ways. The seventh edition of the SRA Handbook (that’s seven editions in just under 18 months for those keeping track), introduced the ban on referral fees in…

Solicitors Journal – New cost concerns

Solicitors are not, generally speaking, a group that attracts much sympathy. We tend to be seen as perfectly capable of looking out for our own interests – so much so that it is necessary for us to protect our clients by virtually begging them to complain…

Solicitors Journal – The times are a changing

Much has been made of the challenges posed by the SRA handbook and the introduction of ABSs. There remains a pervasive resistance to the very idea of external investment in firms and, in particular, the commoditisation of legal services. There are many who speak extremely eloquently of the…

Solicitors Journal – An unknown quantity

The message which has been coming from the SRA this month is that they want firms to engage with them at the first sign of trouble. We are told that the SRA has recently had a number of ‘success’ stories, where its engagement with firms in…