SRA Standards & Regulations 2021 - Serious Breach & Practice Frameworks Explained
The new SRA Standards and Regulations have completely reformed the practising arrangements available to solicitors.
With some restrictions, solicitors are now able to practice as freelancers, or in unregulated practices as solicitors. At the same time, the SRA has introduced the concept of ‘serious breach’; replacing ‘material breach’ as the standard for a self-report to the regulator.
With the introduction of individual and firm handbooks, some solicitors will feel a greater focus on individual ethics; while those working in authorised firms might be keenly aware of the responsibilities that remain with the non-qualified management and individuals.
This virtual classroom seminar will look at the changes to the practising frameworks, including the practising certificate regime, firm authorisations and the responsibilities for compliance and reporting within firms.
What You Will Learn
This live and interactive session will cover the following:
- A summary of the new practising options available to solicitors, including freelance solicitors
- The new reporting requirements, including the latest SRA position on ‘serious breach’, and the guidance on reporting tests
- Individual and management responsibilities for compliance and reporting
- Relevant rules and regulations from the new Standards and Regulations, including the requirements for COLP and COFA
- Ideas for how to evidence your compliance in new structures
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.