SRA Update

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Issue 19 – June 2011

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.

Case Study - make sure you give family members or friends the same protections as any other client

A recent case involved two sisters who were close friends with a solicitor. The first sister made a Will in 1987 through a firm unrelated to that of the first solicitor, in which she appointed her sister and the solicitor as Executors and Trustees. She had also made gifts to the first solicitor and members of his family.

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It's green for go - LSB approves new Handbook and ABS licence application

The Legal Services Board has approved both the new Handbook setting out the standards for principles-based, outcomes-focused regulation, and our application to be a licensing authority for alternative business structures (ABS).

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Changes to suitability criteria

A key part of the new SRA Handbook is the Suitability Test, which will soon replace the existing character and suitability guidelines, but is broader in scope.

Find out if the changes apply to you

Quality Assurance Scheme for Advocates (Criminal) (QASA) - July forum

A half-day forum on the QASA scheme is being held at The Law Society at Chancery Lane on Monday, 25 July from 10am-1.30pm to discuss proposals for quality assuring criminal advocates and to hear the views of key stakeholders.

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New fee proposals

Fees for individual practising certificates may fall significantly this year - if new recommendations are approved next month by the SRA Board and the Law Society.

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Your online (mySRA) account coming soon

Over the next six months, you will be able to make more applications and access our services online as we replace our paper-based systems. You can already see a new mySRA tab on our website which is where you will be able to log on to your own personal account from August.

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Time to confirm your turnover figures

You may remember we wrote to you in early May this year, requesting confirmation of your firm's 2010 turnover figure for our annual 2011/12 renewal programme. We will use this to calculate the fee you will pay for next year. If you need to change the figure you need to let us know now.

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Involved in Conveyancing? Read about our new supervisory approach

We have set out plans for engaging with firms undertaking conveyancing work in our draft Supervision and Enforcement Strategy. If this affects you we recommend that you learn more about our proposals.

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Financial Protection is changing this year - find out how

Arrangements for clients' financial protection will be substantially different this October, following a major review and a consultation which fielded 300 responses from stakeholders.

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In brief: Catch up with the latest developments at the SRA

Learn about upcoming webinars, keeping of the roll, new regulation 3 requirements and our proposed equality framework.

More.

Your views count: current consultations

The Solicitors Disciplinary Tribunal has issued a consultation into rules for dealing with the new appeals it will determine, once ABS enter the legal services market.

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Social media

SRA YouTube channel subscribers receive email alerts when we publish new SRA video clips.

We'll also alert our Twitter followers when we release clips on YouTube. 2,000 of you already follow us on Twitter. If you want to become one of our 'twitterati', visit www.twitter.com/sra_solicitors.

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