The Solicitors Regulation Authority (SRA) has received just six responses to a second consultation looking at relaxing controversial conflicts rules and potentially allowing firms to act for two or more clients on the same transaction. The body had been due to publish draft guidelines on the relaxation of rules three and four of the Solicitor's Code of Conduct last autumn, but pushed this back due to the arrival of its new, more City-focused board in January.
February 10, 2010 at 07:04 PM
1 minute read
The original version of this story was published on Legalweek
The Solicitors Regulation Authority (SRA) has received just six responses to a second consultation looking at relaxing controversial conflicts rules and potentially allowing firms to act for two or more clients on the same transaction.
The body had been due to publish draft guidelines on the relaxation of rules three and four of the Solicitor’s Code of Conduct last autumn, but pushed this back due to the arrival of its new, more City-focused board in January.
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