Welcome to the Watson Buckle Legal Bulletin, bringing you up-to-date news and information on financial matters facing law firms.

We hope you enjoy reading our Legal Bulletin and find it useful. We welcome your feedback and ideas for topics, so please get in touch with Chris Padgett at chrisp@watsonbuckle.co.uk or call 01274 516705.

SRA given green light to roll out new Solicitors Accounts Rules

The new Solicitors Regulation Authority (SRA) Accounts Rules, which are set to go live from 25 November 2019, have been given the green light by the Legal Services Board (LSB). Announcing the reforms last year, SRA chief executive Paul Philip

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Smallest of firms outperforming established practices, study reveals

The challenging legal landscape has given way to a rise in new and innovative start-up practices, a report has revealed. The finding, published as part of professional network MHA’s new 2019 Legal Benchmarking Report, indicates that firms must diversify and

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Law firms “not doing enough” to prevent money laundering, says SRA

“Too many law firms” are falling short on anti-money laundering rules, the Solicitors Regulation Authority (SRA) has warned following an investigation that resulted in 26 firms entering disciplinary processes. The warning forms part of a new crackdown on money laundering

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