Solicitors Account Rules 2017 *** Half Day Session

Date: Wedsnesday 12 July 2017    
Time: 13:00 registration & lunch
14:00 – 17:00 seminar
Venue: BPP University, 32-34 Colmore Circus, Birmingham, B4 6BN
3 Learning Hours
Fee: Member Fee for Fee Earners 99.00; Member Fee Support Staff 55.00;
Non-Member Fee for Fee Earners 120.00; Non-Member Fee Support Staff 75.00
Speaker: Linda Lambert

The SRA have released the second draft of the new Account Rules after receiving replies to the original draft. The new rules are still greatly reduced from the current rule book from 50+ rules to 13.

We have a less prescriptive Account Rules which are hand in hand with the Code of Conduct new rules. Both are designed to allow Firms to deliver legal services in a manner to suit their clients and the legal advice given..

We will be expected to follow certain standards of behaviour but the details of how will be left to the Solicitor rather than a rule book. We are becoming no less self-regulated just that the approach of our regulator will be more on managing expected outcomes rather than dictating the method.

This makes knowledge of these rules all the more important to enable an informed understanding when applying the new rules to ensure compliance with the word and the essence of the Accounts and Conduct Rules. The new rules are not yet published and will be implemented Autumn 2018.

This half day lecture is designed to look at the approach to the new rules both for the Accounts and the Code of Conduct. The main premise of the rules is “to keep clients’ monies safe” and this is still the primary object of the Account Rules.

The course is designed to be both practical and with opportunities to discuss and ask questions so that delegates will leave with a good understanding of the proposed but not yet agreed rules.