“The code is the most fundamental change introduced so far by the Solicitors Regulation Authority (SRA), which has regulated the profession in England and Wales since January this year. The code replaces the Guide to the Professional Conduct of Solicitors (1999) and the Guide Online together with 10 other codes and rules (including the Solicitors’ Practice Rules 1990 and the Law Society’s Code for Advocacy) and introduces various changes. Although welcomed by larger firms, its requirements are onerous for smaller firms.”
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The Times, 26th June 2007
Source: www.timesonline.co.uk