As the first ABS applications arrived at the SRA today, justice minister Jonathan Djanogly said the change would make legal services “more accessibleâ€.
Nobody can predict how outcomes-focused regulation will turn out, so, while firms need to prepare, why the doom over the new regulatory framework? asks Mike Scutt
The SRA's guidance on reporting requirements may be unclear at the moment, but firms should still devise their own policy on making reports, says Susanna Heley
The Solicitors Regulation Authority is expecting 20 organisations to apply for alternative business structure status when the regulator begins licensing ABSs on 3 January 2012, Solicitors Journal has learned. The first licences are due to be awarded six weeks later, in the second half of February.
The Solicitors Regulation Authority is expecting 20 firms and organisations to apply for alternative business structure status when the regulator begins licensing ABSs on 3 January 2012, Solicitors Journal has learned. The first licences are due to be issued around six weeks later, in the second half of February.