Lexis®Library update: This guidance is made up of two parts: Part A sets out guidance for organisations on how to manage their business in a manner which is consistent with the transition to net zero and Part B provides guidance for solicitors on how climate change physical risks and climate legal risks may be relevant to client advice, issues which may be relevant when considering the interplay of legal advice, climate change and solicitors’ professional duties and the issues which may be relevant when considering the solicitor-client relationship in the context of climate change.
The Law Society confirms that the guidance aims to assists solicitors in recognising where the impacts of climate change may affect their practice and/or their clients and offers guidance in terms of appropriate response. It further confirms that the guidance intentionally covers a range of issues as the effects of climate change are wide-ranging and constantly evolving. The Law Society notes that it will be important for solicitors to be aware of the changing landscape and its potential impact upon their organisations as well as their legal advice.
The guidance confirms that the Law Society will publish further sector-specific guidance on particular areas of law.
Finally, the Law Society confirms that the Solicitors Regulation Authority (SRA) is supportive of the guidance, but that it should not be interpreted as the SRA’s regulatory position on these matters.
This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 19 April 2023 and is published with permission. Further information can be found at: www.lexisnexis.co.uk