SRA Update

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Issue 8 – May 2009

SRA Update brings you the latest information about the work of the Solicitors Regulation Authority. It includes important news for solicitors and others working in legal services.

In this issue...

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LDPs and firm-based regulation are here

Legal disciplinary practices (LDPs) are a reality. Preparatory work has started on alternative business structures. Find out here about how you, your firm and your non-solicitor colleagues are affected by these changes.

Consumer debt scams

Find out here about the risks of accepting business from firms that mislead the public about the chances of getting debts written off.

Boiler room scams

A solicitor's firm has been fined £954,000 for aiding a boiler room scam. Make sure you know about the risks that association with investment schemes can involve.

Investment schemes—are you assisting fraudsters?

Solicitor beware

One of the unfortunate side effects of the recession seems to be increasing instances of corruption, some of which may involve solicitors. With this in mind, the SRA has decided to issue four warning cards on the potential dangers of becoming involved in dubious activities.

Read more

Diversity census

Thanks to the 14,000 of you who completed our first diversity census—providing information that will help us to be fairer in our processes and spot important trends in how we regulate the profession. However, we still need more responses. So, if you haven't yet, please visit the online diversity census.

Read more

On the road again

Peter Williamson, Antony Townsend and members of the SRA's senior management team may be coming to a town near you over the next nine months as part of the successful Regulation Roadshow initiative started two years ago.

More

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