Press release archive for 2016
We have welcomed the Competition and Market Authority's (CMA) calls for reform of legal services to make the market more open and competitive.SRA looks at doing more to help solicitors and firms to offer new services in new ways, 14 December 2016
We have published proposals to make it easier for law firms to develop new ideas and new thinking.Conveyancing theft reported as biggest cybercrime problem for law firms, 07 December 2016
Figures we have published today have shown that email hacks of conveyancing transactions are the most common cybercrime in the legal sector, with £7m of client losses reported in the last year.Review finds mostly positive picture for solicitors working with asylum seekers, 07 December 2016
Solicitors and law firms are generally serving asylum seekers well, we have found, although there remains room for improvement.Solicitors face tough sanctions for £35m of investment fraud , 07 December 2016
We have flagged that six solicitors have been sanctioned in the last two months for involvement in dubious investment schemes as we publish a detailed Risk Outlook update for solicitors about the risks of such schemes.
We have warned the public to be wary of the growing problem of investment scams using law firms, as we deal with cases where people have lost at least £100m.SRA launches support for youth court solicitors, 01 November 2016
We have launched a specialist support package for solicitors working in youth courts, to help them when representing young people.
We have committed to working with the profession to help target the increasing problem of touting.Perceptions survey suggests positive progress in personal injury market but concerns remain, 25 October 2016
We have published a survey of personal injury sector views which shows most respondents think the market seems to be generally working well, though there are still areas of concern that need to be investigated further.SRA publishes data ahead of insurance consultation, 20 October 2016
The SRA has today published analysis of professional indemnity insurance trends for law firms.SRA starts discussion on better information for consumers, 20 October 2016
The SRA has today published initial ideas for improving the information available about law firms and solicitors.New criminal Legal Aid firms advised to apply for authorisation early, 18 October 2016
We are advising new entities bidding for criminal Legal Aid contracts but which are not yet authorised to practise to make an application for authorisation as soon as possible.Second consultation on the SQE gets under way, 03 October 2016
We have launched our latest consultation on a new single assessment for would-be solicitors - the Solicitors Qualifying Examination (SQE).
A wide range of work-based environments experienced by aspiring solicitors helps them to develop the competences needed to be a solicitor, new research has found.SRA warns law firms about investment schemes, 21 September 2016
We have repeated our warning to the profession about involvement in high-yield investment schemes.Benchmarking indicates many jurisdictions have a common qualifying assessment, similar to SQE proposals, 14 September 2016
A new benchmarking exercise has shown that central assessments similar to the proposed Solicitors Qualifying Examination (SQE) are widespread in the major jurisdictions around the world.SRA looks at implications for law firms of leaving EU, 13 September 2016
The Solicitors Regulation Authority (SRA) is monitoring how law firms could be affected by the United Kingdom leaving the European Union.LSB reform SRA response - News release, 12 September 2016
The Solicitors Regulation (SRA) has welcomed the publication of the Legal Services Board's (LSB) vision for legislative reform.Board welcomes new member, 07 September 2016
Our Board has welcomed Tony Williams, principal of Jomati Consultants LLP, to its ranks.
Around two-thirds of firms that had professional indemnity cover with the now insolvent Enterprise Insurance have reported that they have secured new policies, with most other firms reporting progress in getting a new policy in place.Enterprise Insurance update, 19 August, 19 August 2016
Around two thirds of solicitor firms have already found alternative professional indemnity cover, or are well into the process of getting new policies in place, following the insolvency of Enterprise Insurance.SRA responds to ABS consultation - News release, 04 August 2016
We have responded to the Government's proposals to increase competition in the legal services market.Enterprise Insurance - Update, 2 August, 02 August 2016
We have further information on the situation involving Gibraltar-based Enterprise Insurance, which provided professional indemnity insurance for law firms in England and Wales.
As part of our planned programme of research, we have commissioned independent research to understand the experiences of consumers in family, children's and social welfare law.Enterprise Insurance - Update, 27 July, 27 July 2016
We have further information on Gibraltar-based Enterprise Insurance, which provides professional indemnity insurance for law firms in England and Wales.Fee levels for next practising year submitted, 26 July 2016
Proposed fee levels for the practising year 2016/17 have been submitted to the Legal Services Board for approval.Bogus firms problem not going away as numbers double since 2012, says the SRA, 25 July 2016
We are advising law firms - and the public - to be vigilant, with reports of bogus firms doubling since 2012.Enterprise Insurance, 25 July 2016
We are aware that the Gibraltar Financial Services Commission is taking steps to issue winding up proceedings for Enterprise Insurance, based in Gibraltar, and has been directed that it cannot currently write any new business. This action is being taken in co-operation with the company.