Press release archive for 2010

December

SRA consults on proposal for authorisation of sole practitioners

14 December 2010

The SRA is consulting on a proposal to bring the process for authorising sole practitioner law firms (firms with only one principal, who can be a solicitor or a registered European lawyer) in line with the way in which all other firms will be authorised.

SRA proposes major changes to insurance arrangements

6 December 2010

The SRA is proposing to remove the single renewal date for professional indemnity insurance (PII) for firms from October 2011, so that they can renew cover at any time of the year.

November

SRA sets out how it will deliver outcomes-focused regulation

30 November 2010

The SRA has today set out how in further detail how it intends to deliver outcomes-focused regulation (OFR) in October 2011, including how risk-based regulation will work in practice.

Legal regulators launch major education and training review

19 November 2010

The three biggest legal regulators, the Solicitors Regulation Authority (SRA), the Bar Standards Board (BSB) and the Institute of Legal Executives Professional Standards (IPS) are jointly to review legal services education and training in the regulated legal sector.

SRA appoints independent reviewer for complaints

3 November 2010

The Independent Complaint Resolution Service will provide an independent oversight into the way the SRA deals with complaints about the service it has provided. It will consider and respond to complaints that cannot be resolved internally and will have the power to carry out a review ...

October

SRA consults on unified Handbook for law firms and ABSs

21 October 2010

The SRA today launches a consultation paper setting out a unified regulatory Handbook for both traditional law firms and ABSs.

First firms sign up for relationship management pilot

18 October 2010

Six law firms have been selected to take part in the first wave of the SRA's relationship management pilot, to test a new model of supervision in preparation for outcomes-focused regulation.

SRA's enforcement action on ARP shows results

7 October 2010

The SRA's strategy to manage the Assigned Risks Pool (ARP) more effectively is showing results, with firms paying up over three-quarters of a million pounds in outstanding premiums and 47 firms either closed or in the process of closing.

September

New Qualified Lawyers Transfer Scheme (QLTS) launched

1 September 2010

The Solicitors Regulation Authority (SRA) today launched a new Qualified Lawyers Transfer Scheme (QLTS), strengthening the procedures for assessing internationally qualified lawyers and lawyers qualified in the UK seeking to practise as solicitors in England and Wales, and opening up ...

August

Individual and firm practising fees for 2010/2011

3 August 2010

The Legal Services Board has approved the level of practising fees for 2010/2011.

July

SRA provides keynote speaker for work-based learning conference

21 July 2010

The Solicitors Regulation Authority (SRA) is supporting a conference on work-based learning which has attracted more than 80 delegates involved in the legal education and training field.

Deadline for QLTR applications draws near

20 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).

SRA publishes research into disproportionality

19 July 2010

The Solicitors Regulation Authority published today the final report on research carried out by consultants Pearn Kandola into the over-representation of black and minority ethnic (BME) solicitors in regulatory decisions and outcomes.

SRA announces Assigned Risks Pool strategy

16 July 2010

The SRA Board today approved a strategy for the enhanced control of the Assigned Risks Pool, which provides indemnity for solicitors' firms who have failed to obtain insurance in the market.

June

SRA Board agrees new fees policy and draft fee determinations (subject to further approvals)

25 June 2010

The SRA Board has reviewed and agreed in principle the policy and draft fee determinations for the new approach to practising fees, which come into force for this year's renewal cycle. (These decisions are subject to final decisions by the SRA Board and the Law Society Council in July...

May

A Handbook for Better Outcomes

28 May 2010

Solicitors Regulation Authority consults consumer organisations and the profession on Outcomes Focused Regulation

April

SRA consults on the future of regulation

30 April 2010

Responses invited to consultation: transforming the SRA's regulation of legal services

Legal Services Board approves new Qualified Lawyers Transfer Scheme Regulations

1 April 2010

The Legal Services Board (LSB) has approved the new Qualified Lawyers Transfer Scheme (QLTS) for introduction in September 2010.

March

SRA gets go ahead for Solicitors' Higher Rights of Audience Regulations 2010

30 March 2010

The Ministry of Justice has approved the Solicitors Regulation Authority's new system for solicitors to gain the higher courts qualification with effect from 1 April 2010.

SRA launches dialogue with solicitors over future of regulation

25 March 2010

"Freedom in Practice" campaign will engage practitioners on outcomes-focused regulation and alternative business structures.

SRA appoints new litigation panel

2 March 2010

Five firms have been appointed by the SRA to a Litigation Panel following the first tender process for this type of work.

February

SRA welcomes ABSs announcement

23 February 2010

The Solicitors Regulation Authority (SRA) welcomes the Legal Services Board's announcement today confirming the timetable for licensing Alternative Business Structures (ABSs), with the first ABSs to be licensed from October 2011.

January

SRA gets tough on property and mortgage fraud

27 January 2010

Emergency inspections by SRA inspectors of firms where property fraud is suspected are estimated to have saved lenders £15-20m in the past 9 months, as part of an SRA campaign to target solicitors involved in property fraud, and to give guidance to solicitors who might become involved...

SRA transforming regulation to help firms achieve the right outcomes for clients

21 January 2010

The Solicitors Regulation Authority today launched a strategy setting out plans to transform the regulation of solicitors and firms over the next two years.