The Legal Services Board has now approved a comprehensive re-draft of the SRA Handbook. These new rules will be known as the SRA Standards and Regulations. These are due to replace the SRA Handbook at a date yet to be fixed between April and June 2019. Five of the key changes are summarised below.
On 14th June 2018 the SRA published the response to its consultation on the new SRA Handbook along with a revised draft of the new SRA Handbook. The SRA will now seek Legal Services Board approval of the SRA Handbook which is expected to be received in the autumn. The SRA’s intention is that the new Handbook will come into force in April 2019. It is not anticipated that the LSB’s review process will lead to any major amendments. We have therefore reached the stage where firms can begin to plan their own implementation. This note is intended to provide an introduction to the main changes.