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LBS Legal is registered with the Solicitors Regulation Authority (SRA) as an external continuing professional development (CPD) course provider.
However, from 1 November 2016, the existing CPD framework, which includes a requirement of 16 hours of CPD training annually and authorisation of CPD providers, will change. It will be replaced by the continuing competence scheme, an 'output' based scheme, which focuses on the process and effect of learning, rather than the input of a certain number of hours of learning activities.
LBS Legal has acquired considerable experience as a CPD provider in the delivery of legal and regulatory education and training. Our training is usually provided on a face to face basis at our clients' offices (whether in lectures, seminars, workshops or one-to-one coaching) at a time to suit them. More recently, webinar format has suited some clients, as it offers more flexibility to busy practices, particularly where staff are split between different offices. However, we believe that face to face is the most effective learning method, due to the interaction and knowledge sharing which it stimulates.
Despite the new scheme's focus on personal identification of training needs, practices should clearly also continue to make firm-wide provision for staff training at appropriate intervals on regulatory issues and on high risk areas such as anti-money laundering, to avoid potential sanction for regulatory breach, reputational damage and in some cases, even criminal sanction, if they fail to do so. The Law Society's best practice recommendation is that some anti-money laundering training for relevant staff is 'preferable' every two years.
However, if you have any particular requirements and the course in which you are interested is not listed above, please get in touch, as we are always open to suggestions for new courses and/or willing to develop a course bespoke to your needs.
Ian Braithwaite Client Relationship Manager
T: 0113 385 4483
M: 07432 695 289
The Law Society has issued a practice note about the risks to solicitors posed by this new legislation, which came into force on 30 September.
The SRA has urged all practices to check HM Treasury’s consolidated list of asset freeze targets, which lists designated persons subject to financial sanction under EU or UK legislation.
The practising certificate renewal period opened on Monday 2 October.
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