Thursday, April 1, 2010

SRA Will Not Relax Conflicts Rules

The Solicitors Regulation Authority (SRA), which establishes professional rules of conduct for lawyers in England and Wales, announced today that it has abandoned efforts to relax conflicts rules. The organization had been exploring rule changes that would have allowed firms to act for adverse clients who were willing to consent and were deemed "sophisticated" enough to understand the implications of doing so. Evidently, clients did not welcome the proposed change. More detail provided by Legalweek.com, along with some history behind the long running debate. The SRA continues efforts to revise law firm confidentiality rules.

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