Every law firm has a legal duty to comply with the SRA Handbook and a raft of other legislation and regulations. Get it wrong and you personally face investigation, disciplinary action, fines and prosecution (not to mention the damage to your reputation).
LexisPSL Practice Compliance is an online risk and compliance toolkit designed to help your firm get in line and stay in line. With clear, concise notes written by leading experts in compliance, spelling out exactly what you need to do in practical terms. Plus all the forms, checklists, policies, registers, templates and examples you need to do it right. We even provide training aids to help you educate your staff in key compliance areas.
And our lawyers check all our content to make sure it’s always in line with the latest changes in the law and the marketplace. So you can be completely confident your house is in order, at all times.
There is very little information that the SRA specifically requires you to provide to the client in writing at the outset of their matter, ie in your client care letter...
This Practice Note lists all new and updated content to reflect the SRA Standards and Regulations, in force from 25 November 2019. The Standards and Regulations include...
This Practice Note provides guidance on the SRA Codes of Conduct, contained in the SRA Standards and Regulations, in force from 25 November 2019. The SRA Standards and...
Brexit: As of exit day (31 January 2020), the UK is no longer an EU Member State, but it has entered an implementation period during which it continues to be treated by...
Brexit: As of exit day (31 January 2020), the UK is no longer an EU Member State, but it has entered an implementation period during which it continues to be treated by...
This Practice Note sets out the requirements of the SRA Accounts Rules 2019 (the 2019 Rules), in force from 25 November 2019, together with supporting guidance published...
There are two types of conflict: own interest conflicts (sometimes called solicitor-client conflicts) and client conflict. This Practice Note explains when...
Closing a client matter properly is a basic client care, risk management and housekeeping requirement. There are also regulatory and best practice issues to consider....
This Practice Note provides guidance on client due diligence (CDD) which is a central pillar of the anti-money laundering (AML) and counter-terrorist financing (CTF)...
There are two types of conflict: own interest conflicts (sometimes called solicitor-client conflicts) and client conflicts. You can never act where there is an own...
The way the Solicitors Regulation Authority (SRA) regulates the solicitors’ profession has been evolving since its inception—from a prescriptive rules-based regime in the...
What is an undertaking? An undertaking is: • a statement, given orally or in writing (whether or not it includes the word 'undertake' or 'undertaking') • made by or on...
This Practice Note explains: • what powers the court has to enforce undertakings • when it is likely to exercise those powers Breach of an undertaking is also likely to...
There are two types of conflict: own interest and client conflict. This Practice Note explains when you can act if there is or may be an own interest...
This Practice Note deals with regulatory requirements and practical issues regarding the form and content of a final bill of costs to a client. It does not relate to...
This Practice Note is based on reporting requirements in the SRA Codes of Conduct 2019 (in force from 25 November 2019) as amended by the SRA Regulatory Arrangements...
