Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
On 25 November 2019, the SRA Handbook 2011 will be replaced by the more condensed SRA Standards & Regulations. We take a closer look at how the SRA Handbook changes will impact solicitors.
The introduction of the SRA Standards & Regulations will impact all law firms and SRA solicitors, including all individual solicitors, registered European lawyers (RELs) and registered foreign lawyers (RFLs) that are authorised by the SRA, regardless of how and where they practice.
Arguably the most notable difference between the SRA Handbook 2011 and the SRA Standards & Regulations 2019 is the length, with the Standards & Regulations being over 300 pages shorter than the 2011 Handbook. Whereas the 2011 solicitors Handbook includes a single, 106-page-long Code of Conduct, the 2019 Standards & Regulations include two, distinctively shorter, Codes of Conduct—the SRA Code for Solicitors and the SRA Code for Firms, totalling eight and six pages respectively. The 2019 Accounts Rules are also significantly trimmer than their 2011 counterpart, spreading across seven pages, compared to over 160 in the Handbook.
The SRA Standards & Regulations 2019 also differ from the SRA Handbook 2011 in that it refers to its provisions ‘Standards’ rather than ‘Outcomes’. In the Code for Firms, its provisions are described in the introduction as ‘standards and business controls’, while the introduction to the Code for Solicitors describe its provisions as ‘standards of professionalism’. Furthermore, the Standards & Regulations contains a more expansive list of how solicitors can practice. The Handbook sets out that SRA solicitors can work in a law firm, as a sole practitioner or in-house for an employer. Under the Standards & Regulations SRA solicitors can fill all those roles, with in-house for the public and as a freelance solicitor added to the list.
Lexis®PSL contains an abundance of resources that can assist lawyers in preparing for the changes.
PSL Practice Compliance includes a section devoted to the imminent changes— SRA reforms 2019, containing Practice Notes, Precedents and Checklists that can help you prepare for when the Standards & Regulations enter into force. The following resources are particularly relevant:
Free trials are only available to individuals based in the UK
* denotes a required field
**excludes LexisPSL Practice Compliance, Practice Management and Risk and Compliance. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial. See our full terms here.
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
Aslak is a news editor in the current awareness team at LexisNexis. He is a law graduate from the University of Glasgow and has previously worked for a local Norwegian newspaper. He has a wide-ranging interest in news and current awareness, as well as legal matters and developments.
0330 161 1234