Monthly Archives: July 2015

Free compliance guide: SRA Accounts Rules

Vinciworks, the leader in online compliance learning, has just released a free guide to the SRA Accounts Rules, which includes hot topics, key definitions and best practice. This guide will come in handy when you need to quickly reference topics such as “office money vs. client money” and “matter completion.” You will constantly be able to refresh yourself on the topics of:

  • Mission briefing
  • Critical terms
  • Whose money is it?
  • Client money checklist
  • Matter completion

With these quick refreshers, your firm will not have to worry as much about the SDT and SRAs fines or restrictions. Also, each page in the guide comes as an individual, print-ready poster.

Screen Shot 2015-07-07 at 11.00.06 AMDownload guide

 

VinciWorks product updates June 2015

Changes to CPD explained in two templates

As we have reported previously, our poll found that over 50% of solicitors plan to transition to the new approach to continuing competence before it becomes mandatory on 1 November 2016.

The SRA has published a toolkit with detailed guidance on how to comply with the new approach. However, some of the information is confusing. We have chosen to highlight two short documents that explain most of the requirements at a glance.

Under the new approach, you must:

  • Reflect on the quality of your practice by reference to the Competence Statement
  • Plan and address learning and development needs based on the reflection
  • Record and evaluate the learning activity
  • Make an annual declaration to confirm you have completed the above

The following two templates from the SRA clarify what is required Continue reading →

Compliance News roundup for June 2015