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Practice notes
AML and counter-terrorist financing—source of funds and source of wealthSource of funds and wealth was a key focus of the SRA’s Preventing Money...
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19th May
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
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19th May
Practice notes
Compliance officer for legal practice—COLP—title and duties 2011 [Archived]The compliance officer for legal practice (COLP) sits at the heart of the...
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19th May
Practice notes
Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...
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Produced in partnership with Adam Cygan of University of Leicester 19th May
Practice notes
SRA Accounts Rules 2019This Practice Note sets out the requirements of the SRA Accounts Rules 2019 (the 2019 Rules), in force from 25 November 2019,...
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19th May
Precedents
1DefinitionsModern Slavery Policy•means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the...
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19th May
Practice notes
High-risk third countries trackerOrganisations caught by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...
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19th May
Practice notes
Active bribery, passive bribery and bribing foreign public officialsThe purpose of this Practice Note is to provide a general understanding of the...
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Produced in partnership with Joanne Kane of Carmelite Chambers 19th May
Precedents
In briefThis precedent links to: •a template created by the UK Information Commissioner’s Office (ICO) of the ‘Set II’ or ‘2004’ EU Standard...
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19th May
Practice notes
Introduction to retained EU lawThis Practice Note provides an introduction to retained EU law. It provides an overview of the key definitions and...
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Produced in partnership with Dr. Kieran Laird of Gowling WLG 19th May
Practice notes
Safeguards and information barriersProtection of confidential information is fundamental to your relationship with clients, both as a matter of law...
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19th May
Practice notes
Undertakings and the SRA 2019What is an undertaking?An undertaking is:•a statement, given orally or in writing, whether or not it includes the word...
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19th May
Practice notes
Duties of confidentiality and disclosure 2019The protection of confidential information is a fundamental feature of the solicitor-client relationship...
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19th May
Practice notes
SRA Handbook 2011 [Archived]The SRA Handbook 2011 sets out standards and requirements that individual lawyers and firms are expected to achieve and...
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19th May
Precedents
1IntroductionThis financial sanctions policy is designed to ensure we comply with applicable financial sanctions laws made under the UK sanctions...
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19th May
Practice notes
Working with European lawyers—the Registered European Lawyer (REL) regimeAt 11 pm (GMT) on 31 December 2020, the Brexit transition/implementation...
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19th May

Most recent Information on costs content

Q&As
What is meant by ‘debt recovery’ and ‘business’ for the purpose of the SRA Transparency Rules?Practice Note: Price and service transparency—law firms...
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31st Jul
Q&As
Can a firm include time spent on conducting monthly file reviews in costs charged to the client? Would the answer be different if provision for those...
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Produced in partnership with Peter Steel of Augury Consulting Limited 31st Jul
Practice notes
Information on costs—SRA 2011 regime and SRA 2019 regime comparedThis Practice Note contrasts the requirements in the SRA’s 2011 and 2019 regimes in...
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31st Jul
Practice notes
Common methods of funding—including CFA and DBAs before 1 April 2013This Practice Note provides guidance on the most common types of funding. It is...
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31st Jul
Practice notes
Information on costs—new clients 2011 [Archived]You must treat clients fairly and ensure you achieve this outcome in all your dealings regarding...
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31st Jul
Practice notes
Price and service transparency—law firmsFrom 6 December 2018, law firms must publish information on their website on the prices they charge and what...
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31st Jul
Practice notes
Information on costs—law firms—2019Failure to provide adequate costs estimates is one of the most common causes of client complaints and disciplinary...
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31st Jul
Precedents
Costs updates—hourly rates and client paying privatelyWe have reached a stage in your matter where it is appropriate for me to update you on costs.How...
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31st Jul
Precedents
Costs updates—conditional fee agreement dated before 1 April 2013We have reached a stage in your matter where it is appropriate for me to update you...
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31st Jul
Precedents
Costs updates letter—fixed fee and client paying privatelyWe have reached a stage in your matter where it is appropriate for me to update you on...
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31st Jul
Precedents
Price and services notice—purchase of a freehold residential property—law firmsPurchase of a freehold residential propertyOur fees cover all of the...
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31st Jul
Precedents
Price and services notice—Employment Tribunal—range of costs—law firmsOur pricing for bringing and defending claims for unfair or wrongful...
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31st Jul
Precedents
Price and service notice—fixed price—general—law firms1Legal costs1.1There are [two OR three] main elements to the legal costs of [insert brief...
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31st Jul
Precedents
Price and services notice—purchase of a leasehold residential property—law firmsPurchase of a leasehold residential propertyOur fees* cover all of the...
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31st Jul
Precedents
Client care letter 2019—law firmsDear [Insert client’s name]Re [describe matter]Thank you for your instructions to act on your behalf in connection...
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31st Jul
Precedents
Price and service notice—hourly rate—general—law firms1Legal costs1.1There are [two OR three] main elements to the legal costs of [insert brief...
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31st Jul
Precedents
Price and services notice—fixed fee for an application for a new premises licence—law firmsFixed fee example for an application for a new premises...
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31st Jul
Precedents
Price and services notice—fixed fee probate and estate administration—law firmsProbateWe can help you through this difficult process by obtaining the...
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31st Jul
Precedents
Costs updates—hourly rates and legal expenses insuranceWe have reached a stage in your matter where it is appropriate for me to update you on...
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31st Jul

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