The SRA and law firms share the same risks

The recently published Risk Outlook 2013 report by the Solicitors Regulation Authority (SRA) presents a balanced view of the UK legal sector’s risk landscape.

As I read the report, it became evidently clear that the risks to the regulatory objectives of the SRA; and those faced by law firms, are really two sides of the same coin. Also, that the legal services providers that better manage their business risks – in turn also protect the integrity of the LSA and the SRA’s outcome focused regulation.

As published in the January 2014 issue of The Messenger

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