City law firms will now be able to make wider use of Chinese walls after the Solicitors Regulation Authority (SRA) finalised a review of the rules governing conflicts. The rule changes, approved by the Legal Services Board earlier this month (13 July), lift the restrictions which formerly only allowed law firms to act for multiple clients with information barriers in place if the firm had already been instructed at the time the conflict arose. Rule four of the SRA Code of Conduct previously only permitted work involving Chinese walls to be completed after a conflict became apparent.
July 27, 2010 at 07:29 AM
1 minute read
The original version of this story was published on Legalweek
City law firms will now be able to make wider use of Chinese walls after the Solicitors Regulation Authority (SRA) finalised a review of the rules governing conflicts.
The rule changes, approved by the Legal Services Board earlier this month (13 July), lift the restrictions which formerly only allowed law firms to act for multiple clients with information barriers in place if the firm had already been instructed at the time the conflict arose.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
At NJM, a top-rated insurance company, we are seeking an Attorney on our Workers Compensation legal team with between 3 and 5 years of expe...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
