SRA Accounts Rules, 1 Year On

Date: 20 January 2021

Time: 10:00 - 11:00


Location

Webinar via online registration

2021-1-20 10:00:00 2021-1-20 11:00:00 Europe/London SRA Accounts Rules, 1 Year On

When the new Solicitors Regulation Authority Accounts rules became effective on 25 November 2019, we had no idea a global pandemic was around the corner!

Solicitors, especially those involved in the finance aspect of the firm, such as COFAs have had to grapple with the implications of the new rules whilst dealing with the challenges of Covid-19.

While many of the changes have been warmly welcomed, some have been criticised for causing confusion, especially where detailed and prescriptive rules have been simplified or removed, leaving matters open to interpretation.

Guidance from the SRA continues to be updated on a regular basis so firms should ensure they are aware of and review any changes.

This webinar will focus on:           

  • How law firms have adapted to to the new rules
  • What guidance has been issued since the new rules came into force
  • What the SRA have said about the impact of the new rules 
  • Covid-19 & expectations of the SRA regarding compliance 
  • Common breaches
  • The risk of breaches & professional negligence claims in the current climate
  • Effective systems and controls to mitigate risks           
  • An insight on what factors influence Professional Indemnity Insurance premiums 
  • The future of the accounts rules        

There will be the opportunity to raise any specific questions you may have about the rules and the impact of breaches and professional negligence claims on PI insurance premiums.       

Speakers

  • Kate Arnott - Head of Professional Practices, MHA MacIntyre Hudson
  • Robert Blech - SRA Specialist Director, MHA MacIntyre Hudson
  • Jake Fox - Managing Director, Professional Risks, J M Glendinning (Insurance Brokers) Limited

Register for our SRA Accounts Rules, 1 Year On webinar

Register for our SRA Accounts Rules, 1 Year On webinar

Webinar

Event/Seminar details

When the new Solicitors Regulation Authority Accounts rules became effective on 25 November 2019, we had no idea a global pandemic was around the corner!

Solicitors, especially those involved in the finance aspect of the firm, such as COFAs have had to grapple with the implications of the new rules whilst dealing with the challenges of Covid-19.

While many of the changes have been warmly welcomed, some have been criticised for causing confusion, especially where detailed and prescriptive rules have been simplified or removed, leaving matters open to interpretation.

Guidance from the SRA continues to be updated on a regular basis so firms should ensure they are aware of and review any changes.

This webinar will focus on:           

  • How law firms have adapted to to the new rules
  • What guidance has been issued since the new rules came into force
  • What the SRA have said about the impact of the new rules 
  • Covid-19 & expectations of the SRA regarding compliance 
  • Common breaches
  • The risk of breaches & professional negligence claims in the current climate
  • Effective systems and controls to mitigate risks           
  • An insight on what factors influence Professional Indemnity Insurance premiums 
  • The future of the accounts rules        

There will be the opportunity to raise any specific questions you may have about the rules and the impact of breaches and professional negligence claims on PI insurance premiums.       

Speakers

  • Kate Arnott - Head of Professional Practices, MHA MacIntyre Hudson
  • Robert Blech - SRA Specialist Director, MHA MacIntyre Hudson
  • Jake Fox - Managing Director, Professional Risks, J M Glendinning (Insurance Brokers) Limited

Register for our SRA Accounts Rules, 1 Year On webinar

Register for our SRA Accounts Rules, 1 Year On webinar

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