Tag: SRA

SRA Introduces it’s New Chief Executive

Posted on by Aston Bond Law Firm

Today, the Solicitors Regulation Authority named Paul Philip as its new Chef Executive, who will take the position early next year.

Paul Philip, who is currently the deputy chief executive of the General Medical Council will take his new position on the 1st January of next year. And while his current position has no connection to the legal sector Philip has held roles within the legal sector beforehand.

In the past Philip’s has held a senior position within the Legal Services Commission and the National Health Service; furthermore, he also holds a degree and masters in law and has also been called to the bar at Lincoln’s Inn.

But what does this mean for the legal sector and its solicitors?

At the moment it is not known what changes will be made by Philip’s. However, with the SRA and the legal sector being placed under further pressure than ever before it will certainly be a position of intense pressure. More information is certain to be announced in the coming months including the pay package of Philip’s and his personal ambitions at the SRA over the coming years.

Ashton Hudson, Online Marketing Executive

ahudson@astonbond.co.uk

 

Legal Services Consumer Panel Call for Single Regulator

Posted on by Aston Bond Law Firm

As the Ministry of Justice conduct an in-depth review of the current regulations of the legal system the Legal Services Consumer Panel have called for a single independent regulator to be set up for the entire legal sector.

This comes as the MOJ review the current legal system across the UK with the aim to simplify the current legal services regulations. However, the dramatic response from the Legal Services Consumer Panel highlights how consumers view the current regulatory system surrounding the UK legal sector.

The chair of the panel, Elisabeth Davis, went on to say that the current system isn’t delivering the outcomes consumers need, offering instead a confusing maze where consumers can find themselves in a dead end due to the gaps in redress and regulations.

Furthermore, the panel went on to say that regulators and ombudsman are unsure of which area they currently regulate.

Since this response the MOJ are under further pressure to scrap the current regulatory system. However, as the market becomes increasingly competitive many believe that scrapping the current system at this point may put consumers at further risk. However, if a new system is introduced it will see dramatic changes including the possible closure of regulatory bodies including the SRA and LSB. However, it may be seen as the best and only long-term option available in order stream line the system making it easier for consumers to make the right choices and in turn reducing the cost of legal services.

Ashton Hudson, Online Marketing Executive

ahudson@astonbond.co.uk