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 Ministry of Justice (MoJ) has published its ‘Counter Fraud Strategy 2026–2030’, setting out its approach to preventing, detecting and responding...
The Legal Services Board (LSB) has approved in full the Law Society of England and Wales and Solicitors Regulation Authority’s (SRA) application for...
The Legal Services Board (LSB) has announced further enforcement action against the Solicitors Regulation Authority (SRA) after finding insufficient...
This week's edition of Practice Compliance weekly highlights includes OFSI’s imposition of a £4.7 million penalty on Citibank London for 970 sanctions...
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
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
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 point
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
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