A decision to close a practice
We can, in effect, close a practice. We call this an "intervention". An intervention has the effect of ending the practice.
An intervention is a step taken to protect clients' interests and money. It is a protective measure, and does not necessarily mean we have made any findings against a regulated person or firm. A prosecution before the Solicitors Disciplinary Tribunal is likely to follow.
Effects of an intervention
- We take possession of the practice documents, including client papers.
- We take possession of any money held by the practice—the money is held by us for the benefit of those entitled to it.
When do we intervene?
Legislation gives us a range of reasons for intervention. These are known as "grounds".
We can intervene if
- there are grounds to intervene, and
- an intervention is needed to protect the public.
A regulated person or firm can appeal to the High Court against our decision to close their practice.
Reasons for an intervention
Legislation gives us a range of reasons for closing a practice. These are known as "grounds" for intervention. An example is when we have reason to suspect dishonesty by a regulated person.
Other examples of grounds for intervention
- A recognised sole practitioner has been adjudged bankrupt.
- A recognised sole practitioner has been committed to prison.
- There has been a serious breach of the Accounts Rules.
- The firm has been abandoned.
More information about grounds for intervention