The Solicitors Regulation Authority (SRA) is drawing up a set of guidelines for large firms facing administration in light of experience gained following the collapse of Halliwells. The regulatory body is consulting with a number of law firms, banks and insolvency practitioners to come up with a protocol to make sure that firms going into administration in the future are compliant with the profession’s regulations.
October 20, 2010 at 07:19 PM
1 minute read
The original version of this story was published on Legalweek
The Solicitors Regulation Authority (SRA) is drawing up a set of guidelines for large firms facing administration in light of experience gained following the collapse of Halliwells.
The regulatory body is consulting with a number of law firms, banks and insolvency practitioners to come up with a protocol to make sure that firms going into administration in the future are compliant with the profession’s regulations.
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