Podcast Location:
Download it here [file size: 20.7 MB]
Part of:
SRA Handbook 2011 CPD Training Bundle
Categories:
Practice Management, Marketing & Skills
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast is aimed at solicitors. It addresses the changes to the way solicitors are permitted to practice under the SRA Handbook 2011. The podcast will set out the transitional changes between the old and new regulatory regimes, what steps need to be undertaken and how firms can prepare for the introduction of ABSs from 2012.

THIS PODCAST IS NOT ACCREDITED BY THE BAR STANDARDS BOARD

Outcomes:
After completing the course you will:
  • Understand how firms were permitted to practice under the previous regulatory regime and the key differences with the post-6th October 2011 regime.;
  • Know whether a legal practice will be classified as a Recognised Body or a Licensed Body under the new Handbook;
  • Understand the status of a law firm with permitted non-lawyer participation and the key de minimis thresholds;
  • Understand the timetabling of changes and the key dates by which changes must be implemented.;
  • Be aware of the position for firms which have already been in discussions with non-lawyer participants;
  • Understand the extent to which Recognised Bodies and Licensed Bodies are regulated;
  • Know who can be a so-called manager or participate in Recognised Bodies or Licensed Bodies;
  • Know about the new regulatory and compliance roles of COLP and COFA and who can hold these positions;
  • Be aware of the potential for regulatory conflict and how this will be dealt with.
Level:
General Interest Difficulty: 2 of 5
Classification:
Practical Guide
Sources and References:
  • Solicitors Handbook 2011.
Tags:

This podcast focuses on the legal and regulatory changes affecting how solicitors practice following the introduction of a new SRA Handbook and Legal Services Act 2007. It addresses what the changes are, when they will occur and what they mean for legal practices up and down the country.

THIS PODCAST IS NOT ACCREDITED BY THE BAR STANDARDS BOARD

Podcast added: 05/12/11

Podcast last reviewed: 2012-07-30

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