Navigating the intricate world of third-party relationships is crucial for maintaining compliance and protecting your practice from liability. This resource provides in-depth, practical guidance on managing third-party risks, ensuring due diligence, and developing robust contracts and agreements. Equip yourself with the tools needed to handle third-party interactions with confidence and uphold the highest standards of practice compliance.
The National Crime Agency (NCA) has published the UK Financial Intelligence Unit (UKFIU) Suspicious Activity Reports (SARs) Annual Report 2025–26...
This week's edition of Practice Compliance weekly highlights includes coverage of the Global Human Rights and International Humanitarian Law Sanctions...
MLex: Privacy information and routes to exercise data rights have been updated by Anthropic, Apple, Meta and OpenAI following UK regulatory scrutiny,...
The Serious Fraud Office (SFO) has updated its corporate cooperation guidance on self-reporting suspected fraud, bribery and corruption and published...
What is a solicitor's undertaking?An undertaking is a commitment by a solicitor to do something. It can be enforced against the solicitor by the...
In what circumstances might a solicitor be able to contact another lawyer's client directly?The current SRA Standards and Regulations (STaR) are...
SRA Code of Conduct for individuals and firmsThis Practice Note provides guidance on the SRA Codes of Conduct, contained in the SRA Standards and...
Acting for yourself, friends and familyThis Practice Note covers considerations where a law firm wishes to act for one of its own partners or...
What is a legal entity identifier (LEI) and does my law firm need one?What is a legal entity identifier?A legal entity identifier (LEI) is 20-character code that is unique to the entity it is allocated to. Once issued, a LEI stays with the entity throughout its existence. LEIs are registered on a
Referral and fee sharing arrangementsThis Practice Note reflects requirements for law firms and solicitors in the SRA Code of Conduct for Solicitors RELs and RFLs (Code for Solicitors) and the SRA Code of Conduct for Firms (Code for Firms) in relation to referral and fee sharing arrangements.The
What is a solicitor's undertaking?An undertaking is a commitment by a solicitor to do something. It can be enforced against the solicitor by the courts. Failure to comply with an undertaking can also be professional misconduct leading to disciplinary action by the SRA or SDT. See Practice Note:
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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