Tag Results
Consumer debt forecast “likely to favour law firms” but smaller practices could lose out
Wednesday, 12 July 2017Smaller law firms specialising in insolvency work will be hit with a double whammy as Brexit favours big firms that can keep debt recovery costs down, while an Online Court will make it easier for litigants in person to pursue claims, a report has predicted. But the overall picture for law firms handling insolvency work was bright, it said.
Tags: Brexit, insolvency
Posted in Latest news, Market monitor
High Court backs SRA over bankruptcy costs claim
Monday, 8 June 2015The High Court has backed the Solicitors Regulation Authority in denying a trustee in bankruptcy the right to deduct his costs from client funds held by a solicitors’ practice after the principals were made bankrupt.
Tags: insolvency, Solicitors Regulation Authority
Posted in Latest news, Solicitors
SRA cedes handling of insolvency complaints
Monday, 10 September 2012The Solicitors Regulation Authority (SRA) has brought in the Insolvency Practitioners Association (IPA) to handle complaints against solicitor insolvency practitioners. It follows criticism by the Insolvency Service of the SRA.
Tags: complaints-handling, insolvency, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Firm claims RTA portal “breakthrough” as insolvency cases granted stay of LASPO execution
Friday, 25 May 2012Liverpool costs specialists yesterday claimed a “massive breakthrough” in a dispute about the recovery of ATE insurance in RTA portal cases that has seen thousands of cases stayed. The news came as the government announced a two-year moratorium on ending recoverability in insolvency cases.
Tags: ATE insurance, CFAs, insolvency, Legal Aid Sentencing and Punishment of Offenders Act, RTA portal
Posted in Latest news
Insolvency Service gives SRA a taste of its own medicine
Tuesday, 22 May 2012The Solicitors Regulation Authority has had the tables turned after receiving a monitoring visit of its own from the Insolvency Service which then criticised the way it regulates solicitor insolvency practitioners.
Tags: complaints, insolvency, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Third edition of SRA Handbook in seven months goes live
Monday, 30 April 2012The third edition of the SRA Handbook in just seven months has gone live after being approved by the Legal Services Board. A fourth edition in less than a year since the Handbook went live on 6 October 2011 should be necessary in June.
Tags: ABS, Alternative business structures, COFA, COLP, compliance officer for finance and administration, compliance officer for legal practice, conflicts of interest, immigration, insolvency, legal practice course, Legal Services Board, OFR, outcomes-focused regulation, sole practitioners, Solicitors Regulation Authority, SRA Handbook
Posted in Latest news, Solicitors
Blog
Keeping the conversation going beyond Pride Month
As I reflect on all the celebrations of Pride Month 2024, I ask myself why there remains hesitancy amongst LGBTQ+ staff members about when it comes to being open about their identity in the workplace.
Third-party managed accounts: Your key questions answered
The Solicitors Regulation Authority has given strong indications that it is headed towards greater restrictions on law firms when it comes to handling client money.
Understanding vicarious trauma in the legal workplace
Vicarious trauma can happen to anyone who works with clients who have experienced trauma such as domestic or other violence, child abuse, sexual assault, torture or being a refugee.
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