SRA consults on bringing sole practitioners in line with sector
The Solicitors' Regulation Authority (SRA) has announced it is consulting on a proposal to bring the process for authorising sole practitioner law firms (firms with only one principal, who can be a solicitor or a registered European lawyer) in line with the way in which all other firms will be authorised.
Sole practice; modernising authorisation sets out a proposed Order to amend the Administration of Justice Act 1985 and the Solicitors Act 1974 so that sole practitioners will become a category of "recognised body".
This means that sole practitioners would be subject to the same authorisation and regulatory processes as other firms (including alternative business structures).
The proposed Order would remove the current requirement for a sole practitioner's practising certificate (PC) to be
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