SRA Update

Welcome to the latest issue of SRA Update.

In this edition, we are keen to get your views on our more detailed proposals for a single, independent assessment of would-be solicitors. Many of you contributed your thoughts on our earlier consultation and, as you will see, we have taken your responses on board. We also want to know what you think of our ideas around making more information available so that potential clients can choose legal services with confidence.

You might remember from our last edition that we have increasing concerns about investment scams using law firms to give them a veneer of credibility. We provide an update on what has happened, and what we have done, since September.

This continues to be a busy time for us all—I hope you can find time to catch up on some of these important issues.

Paul Philip

Solicitors must meet high professional standards set independently in the public interest, and the vast majority do so. Yet we have had increasing reports of solicitors involving themselves in dubious investment schemes. We have issued warnings on this matter on a regular basis over the years so that you—as well as the public, who may be at risk of losing considerable sums of money—are clear about the dangers.

Read more about: Investment schemes

We have launched our second consultation setting out more details of our proposed new single assessment for would-be solicitors—the SQE. It proposes that all new entrants to the profession would have to reach the same high standards and that these are independently assessed. We have responded to your views on our initial consultation, including committing to the need for a degree or equivalent, and a substantial period of workplace training.

Read more about: SQE

We have collated 10 years of data from insurers to build a picture of claims made against professional indemnity insurance policies. The information will be used to shape a consultation on financial client protection next year.

Read more about: Insurance data

We have published a survey looking at personal injury market views. Respondents think the market is adapting well to change, but there are still some areas of concern. We are now carrying out a more in-depth review to fully understand the nature, extent and impact of any concerns.

Read more about: Personal injury survey

We are committed to helping you understand and comply with any changes we make to our regulations. We want to know the topics and areas in which you would most like guidance from us. Complete our survey and tell us about your needs and preferences. Responses are anonymous and the closing date is 30 January 2017.

Read more about: Guidance survey

Our Professional Ethics team offers help and advice when issues appear less than clear cut. In A question of ethics, we address some of the questions that the team is asked. The latest question concerns an urgent request to a local hospital for patient records in respect of ongoing matrimonial proceedings.

Read more about: A question of ethics