Solicitors involved in pre-paid funeral work are being sought by the Solicitors Regulation Authority (SRA) for their views on the development of new rules in this area.
Solicitors reminded of legal obligations in light of new financial sanctions
The Solicitors Regulation Authority (SRA) has reminded lawyers of their obligations in light of new financial sanctions.
Law firms under scope of anti-money laundering rules to benefit from new online reporting tools
Law firms under the scope of anti-money laundering rules will benefit from new online reporting tools, it has been announced.
Over 400 freelance solicitors now regulated by Solicitors Regulation Authority following introduction of new rules and standards
More than 400 freelance solicitors are now regulated by the Solicitors Regulation Authority (SRA) following the introduction of new rules in 2019.
Succession planning for law firms
Succession planning is vital to maintain the stability and success of your legal firm – ensuring that your clients and the wider firm are taken care of should you decide to retire or if you are suddenly incapable of running the practice.
Is your law firm exempt from the Economic Crime Levy?
Not all law firms will be required to pay the Economic Crime Levy – the new guidance, published this month, shows that the smallest businesses will be exempt. Find out all you need to know by reading on…
Individual practising fees and Compensation Fund contributions will fall in 2021-2022
This announcement comes after the Legal Services Board (LSB) approved proposed fees set out by the Solicitors Regulation Authority (SRA) in July this year.
Law Society: VAT concession for counsel’s fees could be abolished
HM Revenue & Customs (HMRC) has suggested that VAT concession for counsel’s fees paid into, and kept in a client account, may be abolished.