The Solicitors Regulation Authority (SRA) has proposed minor changes to the SRA Standards and Regulations following its consultation that ran from 14 December 2022–8 March 2023.
Lexis®Library update: The SRA supported most of the amendments proposed but did not support amendment 1—restricting firms taking money for costs in advance of work being done and placing them in their business account and amendment 4—removing the notification process to the SRA on pro bono work provided outside of a firm or organisation.
The SRA's full response to the amendments can be found here.
This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 8 March 2023 and is published with permission. Further information can be found at: www.lexisnexis.co.uk.
