Five for ’25 – significant regulatory changes for solicitors and other lawyers
December 19th, 2024 by Stuart Smith
Ahead of the festive shut down, we consider what’s on the horizon for 2025. As this is a detailed article, a mince pie is a recommended reading companion. 1. Axiom Ince – the LSB enforcement action against the SRA On 29 October 2024 the LSB announced it was commencing enforcement action against the SRA, over i) […]
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Rewarding the Right Behaviours Through Effective Partner Performance and Remuneration Systems
November 19th, 2024 by Stuart Smith
In this article, first published by Law360, Partners Andrew Pavlovic and Corinne Staves discuss the challenges law firms face in determining partner remuneration amid heightened regulatory scrutiny on workplace culture. Many law firms are now in the process of finalising their annual accounts ahead of the January 31 2025 deadline, meaning that tricky decisions around partner […]
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What is the SRA thinking? Some insights from its COLP & COFA Conference
November 14th, 2024 by Stuart Smith
Partner Andrew Pavlovic attended the SRA’s annual COLP and COFA conference last week, at which the SRA shared their perspectives on key events of the past year and some insights into their highest priorities for the future. In this discussion with fellow Partner Corinne Staves, Andrew addresses some of these priorities, including: The SRA’s somewhat indignant stance […]
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Protecting the Integrity of Your Firm and People – The SRA Draft Guidance on Internal Investigations
October 16th, 2024 by Stuart Smith
In March 2024 the SRA published draft guidance on internal investigations (“the Draft Guidance”). Whilst published alongside a suite of documents aimed at assisting in house lawyers in complying with their regulatory obligations, the Draft Guidance has a wider reach and is relevant to law firms and any individual appointed to conduct an internal investigation. Since its […]
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Practice Across The Pond – Episode 2: How is Partner Conduct Regulated and Managed in the UK and US?
August 23rd, 2024 by Stuart Smith
We are delighted to share the next episode of Practice Across the Pond, where we discuss the regulatory and ethical approaches taken to various matters from both a UK (England and Wales) and US (New York) perspective. In this episode, CM Murray LLP Partners Corinne Staves and Andrew Pavlovic and Devika Kewalramani, Partner and General Counsel at FisherBroyles, focus on […]
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On 6 August 2024, the SRA updated its warning notice on the use of non-disclosure agreements (“the Warning Notice”). In this news alert, Associate Liz Pearson and Partner Andrew Pavlovic summarise and discuss the key changes and set out the steps that firms should be taking to spread awareness of the Warning Notice. Background The SRA first published its Warning […]
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Managing Partner Performance in Professional Services Firms, Evaluating Contribution and Using Partner Processes to Drive Your Firm’s Strategy: PPA Webinar Recording
August 9th, 2024 by Stuart Smith
We are delighted to share with you the recording of our recent webinar, ‘Managing Partner Performance in Professional Services Firms, Evaluating Contribution and Using Partner Processes to Drive Your Firm’s Strategy’, in which partnership and regulatory law specialists discuss how to manage successfully partner promotion and remuneration processes within professional services firms. Jeremy Callman, Barrister at Ten Old […]
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We are delighted to share with you the recording of our recent webinar, ‘Cash, Remuneration and Economic Uncertainty’, in which partnership and regulatory law specialists discuss navigating economic uncertainty and how this can be successfully achieved within professional firms. Robert Millard of Cambridge Strategy Group, David Shufflebotham of Pep Up Consulting and Corinne Staves and Andrew Pavlovic, Partners at CM Murray LLP, explore the important and practical […]
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Practice Across The Pond – Episode 1: Introduction to the Regulatory Landscape and Conflict Management
July 15th, 2024 by Stuart Smith
We are delighted to introduce a brand new series of talks, Practice Across the Pond, in which we discuss the regulatory and ethical approaches taken to various matters from both a UK (England and Wales) and US (New York perspective). Watch the first episode above or listen here. In this episode, CM Murray LLP Partners Corinne […]
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SRA Warning Notice on Law Firm Mergers, Sales and Acquisitions: Ten-Minute Talk
June 28th, 2024 by Stuart Smith
In June 2024, the SRA issued a warning notice on law firm mergers, sales and acquisitions, seemingly in response to the fallout from the collapses of Axiom Ince and SSB. In this Ten-Minute Talk, Partners Corinne Staves, Zulon Begum and Andrew Pavlovic discuss the content and implications of this SRA Warning Notice, with a particular focus on how […]
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