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We are the Solicitors Regulation Authority (SRA), regulating, solicitors of England and Wales, law firms of England and Wales, non-lawyers, who can be either managers or employees of firms that we …
We are the Solicitors Regulation Authority (SRA), regulating, solicitors of England and Wales, law firms of England and Wales, non-lawyers, who can be either managers or employees of firms that we regulate; and, other types of lawyer, such as registered foreign lawyers (RFLs) and registered European lawyers (RELs).
Is it necessary to hold client money to be drawn into the regulations?
A:
No. Whether or not you fall within scope of the regulations is not dependent on holding client’s money. There are many ways to meet the definitions of an...