SRA to reconsider schedule for external investment in law firms
The Solicitors Regulation Authority (SRA) has offered new hope for law firms looking to sign up to external investment deals ahead of the previously agreed start date of October 2011. At a board meeting last Friday (10 September), the SRA said that it now intends to give further consideration to relaxing its guidelines on Alternative Business Structures and that it will launch a further review of the schedule for permitting outside investment.
The Solicitors Regulation Authority (SRA) has offered new hope for law firms looking to sign up to external investment deals ahead of the previously agreed start date of October 2011.
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