The Solicitors Regulation Authority (SRA) in England and Wales has a policy of encouraging providers to communicate their service innovations so the regulator and providers can make sure regulation is not a barrier to innovation. The programme is called ‘SRA Innovate’.
The SRA website says, ‘If you have been thinking of a new way to serve your clients and run your organisation or have an idea but are not sure whether regulation could stop it getting off the ground, these pages are here to show how we can support you.’
It explains how its regulatory policy on multi-disciplinary practices (MDPs) and its rules on SRA-regulated individuals working in non-SRA-regulated ‘separate businesses’ have been designed to facilitate innovation.
Read the resources on the SRA Innovate page