Legal Finance News
- New COLP CPD Training Course Launched
We are delighted to announce the launch of a new SRA accredited CPD training course for COLPs.New COLP CPD Training Course Launched - read more
- COLP and COFA Support Service
Legal Finance Professionals Limited offer a dedicated support service for those appointed as a firm's Compliance Officer...COLP and COFA Support Service - read more
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Legal Finance News
Telegraphic Transfer Fees Practice Note
There have been a number of recent cases heard at the Solicitors Disciplinary Tribunal where solicitors are alleged to have made a secret profit from their clients as a result of the way in which they have charged clients for telegraphic transfer fees.
...read moreLegal CPD Course Schedule for 2011
We have now finalised our schedule of SRA accredited CPD legal training courses for 2011 which include new courses on the SRA Handbook covering both the SRA Accounts Rules and SRA Code of Conduct.
...read moreSRA Standards Committe Approves SRA Handbook
The Solicitors Regulation Authority has confirmed that the SRA's Standards Committee has considered the responses received to the recently closed consultation on the new SRA Handbook and has approved an amended draft Handbook for submission to the full SRA Board for approval at their forthcoming meeting on 15 March 2011.
...read moreMaking the most of Fixed Fees
Fixed fees have been the topic of much debate recently and with good reason as the cash flow benefits can be significant to a firm.
...read moreNew CPD Training Course for COFA's
With the name of the individual who will act as a firm's Compliance Officer for Finance and Administration (COFA) having to be submitted to the Solicitors Regulation Authority (SRA) by 31 March 2012, Legal Finance Professionals Limited are pleased to announce the launch of a new SRA accredited CPD training course which has been designed to meet the training needs of those individuals who have already been nominated to act the COFA or are considering taking on the role of COFA.
...read moreSRA Code of Conduct and SRA Accounts Rules Amendments
The Solicitors Regulation Authority (SRA) published the new SRA Handbook on 6 October 2011. The SRA Handbook includes the new SRA Code of Conduct which replaced the Solicitors Code of Conduct 2007 and the SRA Accounts Rules which in turn replaced the Solicitors Accounts Rules 1998. Notwithstanding the fact that the new SRA Handbook had been in issue for less than three months, the first amendments have already been made with the second edition of the SRA Handbook having been published on 23 December 2011.
...read moreSRA Delays COLP and COFA Nomination Process
The SRA have announced that the start of the process for nominating COLP‘s and COFA’s has been delayed.
...read moreCPD Legal Training Courses 2012
We have finalised our schedule of SRA accredited CPD legal training courses for 2012 which includes new courses on the SRA Handbook, SRA Accounts Rules and the role and responsibilities of COFA’s.
...read moreCOLP and COFA Nomination Update
The SRA have announced that they are extending the deadline for nominating COLPs and COFAs from 31 March 2012.
...read moreCOLP and COFA Nomination Timetable Update
Speaking at a conference yesterday, Samantha Barrass, SRA Executive Director, announced the SRA‘s revised plans for nominating and appointing Compliance Officers for Legal Practice (COLP’s) and Compliance Officers for Financial Administration (COFA's).
...read moreSRA Publishes Version 3 of the SRA Accounts Rules 2011
The SRA has published the 3rd version of the SRA Handbook which includes some minor amendments to the SRA Accounts Rules 2011. Although not published until 23 April 2012, the 3rd version of the SRA Handbook is effective from 18 April 2012.
...read moreSRA Board to Delay Launch of COFA and COLP Regime
It has emerged that the Solicitors Regulation Authority (SRA) is set to delay the implementation of the compliance officer regime until 2013.
...read moreLegal CPD Training Course Schedule for 2012_13
We have finalised our schedule of SRA accredited CPD legal training courses through to the end of June 2013. The schedule includes a new course, entitled COFA Masterclass, for those nominated to act as the Compliance Officer for Finance and Administration within a firm or Alternative Business Structure (ABS).
...read moreCOFA Guide
Legal Finance Professionals have published a guide for those thinking of accepting nomination as a firm's Compliance Officer for Finance and Administration (COFA) under the SRA Authorisation Rules 2011.
...read moreIn house Legal CPD Training Offer
For a limited period we are offering a 25% discount against the cost of SRA accredited in-house legal CPD training courses delivered during November, December & January when booked and confirmed prior to 31 October 2012.
...read moreCOLP and COFA Deadline Warning
Samantha Barrass, SRA Executive Director, has warned that hundreds of firms are likely to miss the 1st January 2013 deadline for appointing their COLP and COFA.
...read moreCOFA Masterclass CPD Training Course Launched
Legal Finance Professionals Limited are pleased to announce the introduction of a new SRA accredited CPD training course which has been designed to enhance the knowledge and understanding of individuals nominated to act as a firm's Compliance Officer for Finance and Administration (COFA).
...read moreSRA Accounts Rules 2011 CPD Training Course in Manchester
On Tuesday 26 February 2013, we are holding our SRA Accounts Rules: A Practical Guide to Compliance SRA accredited CPD training course in Manchester. We are pleased to offer a limited number of places through a special promotion whereby those booking a place for two delegates can bring a third free of charge*.
...read moreCPD Legal Training Course Special Offer
We are offering a FREE place on all of our SRA accredited CPD training courses being held in February and March 2013.
...read moreCOFA Reporting Requirements to be Relaxed
Speaking at the Law Society's Risk and Compliance Annual Conference in London on Friday 15 March 2013, Samantha Barrass, Director of Supervision, Risk and Standards at the Solicitors Regulation Authority (SRA), announced plans to launch a consultation regarding dropping the requirement to report non-material breaches.
...read moreCOLP and COFA Support Service
Legal Finance Professionals Limited offer a dedicated support service for those appointed as a firm's Compliance Officer for Finance and Administration (COFA) or Compliance Officer for Legal Practice under the SRA Authorisation Rules 2011.
...read moreNew COLP CPD Training Course Launched
We are delighted to announce the launch of a new SRA accredited CPD training course for COLPs.
...read more