The Bar Standards Board (BSB) has updated its handbook to reflect changes for lawyers practising in the UK. The new rules were implemented at 11pm on the 3st December 2020, and affect Registered European Lawyers (RELs) who are practising at the Bar of England and Wales, and European lawyers wishing to be admitted to the…
Solicitors Regulation Authority publishes compliance officers conference online
The Solicitors Regulation Authority of England and Wales (SRA), has published recordings of their recent compliance officers (COLP) conference on their website. Due to the content of the conference, looking at regulatory and compliance developments, ICLR members may well find the content interesting and relevant to their own regulatory work. Sessions included: Discussions around rule…
Legal Services Board of England and Wales releases ten year report
A new report by the Legal Services Board (LSB) was published on the 25th November, the report is designed to give a review of the legal services sector, ten years since the initiation of independent regulation. The report is entitled “The State of Legal Services 2020” and is made up of a narrative section and…
Bar Standards Board of England and Wales publishes data showing that female barristers and those from ethnic minorities earn less than white males
On the 5th November, the Bar Standards Board (BSB) published new analysis surrounding its data on barristers’ income by gender and ethnicity. The research demonstrates that female barristers are likely to earn less than male barristers and that those from Black, Asian and other minority ethnic groups are likely to earn less than White barristers….
New solicitor qualification regime approved in England and Wales
The SRA’s new Solicitors Qualifying Examination (SQE) has been formally approved by the Legal Services Board (LSB). The new examination will be officially introduced in September 2021, with the first assessments for SQE1, the first part of the qualification, taking place in November 2021, and the first assessments for SQE2 taking place in April 2022….
Bar Standards Board of England and Wales Releases Report on Bullying and Harrasment
The Bar Standards Board (BSB) has released a new report commissioned from YouGov, looking at bullying and harassment within the profession. The qualitative study, was commissioned as part of the regulator’s ongoing programme to address the root causes of bullying, discrimination and harassment at the Bar. The report involved 35 telephone interviews with 30 barristers, and…
Solicitors Regulation Authority of England and Wales Report on Better Information in the Legal Services Market
A new study commissioned by the Solicitors Regulation Authority, has found a number of positive trends in public attitudes towards price transparency in legal services. The report was commissioned by the SRA to look into the impact of the rules, which have now been in place for a year. The rules included a requirement for…
SRA Review on Cybersecurity
The Solicitors Regulation Authority of England and Wales have published a review of cybersecurity and its relevance to law firms. Looking at how firms handle sensitive client data, and what risks are presented in the forms of cyberattacks. As well as the general ongoing importance of awareness of digital security in the industry, the report…
Accountancy Body to Hand Designated Legal Regulatory Powers to CILEx
The Association of Chartered Accountants (ACCA) in England and Wales is to withdraw from legal services regulation in a UK first. The legal activities that are exercised by its members will now be regulated in a new partnership by CILEx Regulation (CRL), the regulatory body for Chartered Legal Executives. Under the Legal Services Act 2007…
The Bar Standards Board Race Equality Taskforce publishes case studies
The Bar Standards Board (BSB) Race Equality Taskforce has published two case studies to promote racial diversity and inclusion at the Bar. This marks the launch of a series of case studies that will focus on encouraging barristers’ chambers to adopt equality and diversity best practice from across the sector in order to foster a…