Proposals continue SRA’s regulatory reform (TC)
The SRA has launched a further raft of proposals to reduce the regulatory burden on law firms.
Unnecessary ABS approval rules to be scrapped in latest regulation bonfire (LF)
The rule which requires the SRA to approve the individuals who own companies that in turn own ABSs is set to be scrapped, it announced yesterday.
Solicitors set for client account alternative this year (LF)
Solicitors will soon be able to ditch client accounts and instead use “third-party managed accounts”, their regulator has revealed.
Cost no longer top priority in PII renewal, survey finds (LSG)
Relationships with insurers and the stability of providers are now more important factors than cost when law firms come to choose indemnity cover.
SRA proposes alternative to client accounts (LSG)
The SRA has yesterday published groundbreaking plans to persuade law firms to switch to third-party accounts as an alternative to client accounts.