The following Practice Compliance guidance note provides comprehensive and up to date legal information covering:
The Solicitors Regulation Authority (SRA) is the independent regulatory arm of the Law Society. It regulates:
individual solicitors, registered European lawyers (RELs), registered foreign lawyers (RFLs) and non-lawyer employees, owners and managers of regulated law firms
law firms, eg sole practices, partnerships, LLPs and companies providing legal advice and services as:
a solicitor practice (ie a firm owned and managed by solicitors), or
an alternative business structure (ABS) (eg a firm with non-lawyer owners or managers)
The SRA does not represent the solicitors’ profession, which is the function of the Law Society. Its purpose is to ensure that consumers receive a good service and that the rule of law is upheld. This Practice Note explains the SRA’s structure, role and powers.
The SRA’s work is overseen by the SRA board, which comprises both solicitor and lay members, with the majority being non-lawyers. The board is assisted by three committees covering:
finance and audit
The SRA is predominantly based in Birmingham but also has offices in London.
The Law Society is the representative body for solicitors in England and Wales. Until 2007 the Law Society both represented and regulated its members. The SRA was established in January 2007 as the independent regulatory arm of the Law
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