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COLP Bleet 12 June 2015

As the sun shines on the hottest day of the year in London, the SRA continues to shine a light on cyber crime risks, and the Law Society has helpfully created a free online training module for solicitors.

Presumably it is hoped that this will reduce the number of firms closing their doors, although the SRA warns that even the healthiest of firms need to have an exit strategy addressing the orderly closure of a business and the proper handling of clients’ affairs, monies and files.

The SRA Board approval of the separation of business rules is likely to be welcomed by many across the industry, including innovators and new entrants that argued that the existing rules are unworkable and out-dated.  

Finally, there are even more opportunities to be heard as the LSB launches a survey to gather feedback on the eight legal services regulators.

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