Solicitors Regulation Authority (SRA) Jurisdiction: England and Wales Country: United Kingdom Regulatory function: The SRA is the regulator of admission, practice and discipline for solicitors. It also authorises and monitors law firms. Further information: SRA website ICLR members:
Innovation in legal services
The Solicitors Regulation Authority surveyed 1,500 organisations and concluded: Alternative Business Structures (ABSs) have succeeded in promoting innovation and diversity; ABS Solicitors are 13-15 per cent more likely to introduce new legal services. Solicitors are, on average, more innovative than other regulated legal services organisations in terms of both managerial and organisational changes. 80 per…