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 Office of Trade Sanctions Implementation (OTSI) has announced that from 27 April 2026, it will assume responsibility for licensing sanctioned...
The Office for Legal Complaints (OLC) has published the 2026–27 business plan and budget for the Legal Ombudsman (LeO), forecasting 17,675 new...
The Office of Financial Sanctions Implementation (OFSI) has extended General Licence INT/2026/8893924, which permits the winding down of insurance...
This week's edition of Practice Compliance weekly highlights includes the ICO's updated UK GDPR lawful basis guidance introducing a seventh lawful...
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
Undertakings and the courtThis Practice Note explains:•what powers the court has to enforce undertakings•when it is likely to exercise those powersBreach of an undertaking is also likely to be professional misconduct and can be dealt with by the SRA, although the SRA cannot itself enforce compliance
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
0330 161 1234