The Federation of Law Societies of Canda (FLSC) has launched a series of risk advisories and risk assessment case studies, designed to help legal professionals adapt to the new anti-money laundering rules. The rule changes are based on an FLSC model rule and have been adopted by Nova Scotia, Alberta, Saskatchewan and British Columbia. The new rules particularly focus on client identification and verification.
The Law Society is seeking input from the profession regarding a proposal to establish a new class of legal service professional who would hold a limited scope licence to practise in the area of family law. The concepts advanced in the scope of practice proposed in Schedule A of the discussion paper are not conclusions. They have been prepared to focus discussion. The Law Society will consider written submissions received by 5:00 pm on December 31, 2018.
Submissions on this consultation paper are collected under authority of the Freedom of Information and Protection of Privacy Act, RSBC 1996, c. 165, s. 26(c). The information will be used to analyze and develop the policy initiative described in the consultation. Please note that all submissions will be published on the Law Society website. If you have any questions about the collection, use or disclosure of this information, contact Michael Lucas in the Policy and Legal Services department, Law Society of British Columbia, 8th Floor, 845 Cambie Street, Vancouver, BC V6B 4Z9, 604.669.2533 or email@example.com.
Download the consultation paper and draft proposal
The Law Society of British Columbia is considering regulating law firms for more efficient and effective regulation. At their meeting on December 8, 2017, the Benchers* approved the recommendations of the second interim report of the Law Firm Regulation Task Force as amended at the meeting and resolved to initiate them through a pilot project that will be rolled out in 2018. More details of this project will be posted to the Law Society’s website as they become available.
Read the full background to this initiative
* Benchers establish the Law Society Rules, the Code of Professional Conduct for British Columbia and board policies, including governance policies. The Benchers also oversee the implementation and administration of programs carried out by the Law Society staff.
In an international benchmarking exercise, the Solicitors Regulation Authority (SRA) in England and Wales finds that almost 80% of the jurisdictions surveyed have a common assessment as part of lawyer qualification.
Press release on SRA website
Report on SRA website