Aulakh, S orcid.org/0000-0001-7120-9176 and Loughrey, J orcid.org/0000-0003-0160-3762 (2018) Regulating Law Firms from the Inside: The Role of Compliance Officers for Legal Practice in England and Wales. Journal of Law and Society, 45 (2). pp. 254-281. ISSN 0263-323X
Abstract
Following the Legal Services Act 2007, which permitted the delivery of legal services through Alternative Business Structures (ABS), the Solicitors Regulation Authority required all regulated legal service firms to appoint Compliance Officers for Legal Practice (COLPs). COLPs are charged with taking reasonable steps to ensure that firms comply with their obligations, which entails interpreting what outcomes‐focused regulation (OFR) requires of the firm. Yet despite their importance, little is known about how compliance roles operate within legal service firms. We addressed this gap through a series of qualitative interviews that explored COLPs’ views of their roles, their attitudes to regulation, in particular to OFR, and to achieving compliance. We found that COLPs are a key regulatory mechanism in the context of firm‐based regulation and OFR and have a critical role to play in protecting and promoting professional values in both ABS and non‐ABS entities.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2017 The Author. Journal of Law and Society © 2017 Cardiff University Law School. This is the peer reviewed version of the following article: Aulakh, S. and Loughrey, J. (2018), Regulating Law Firms from the Inside: The Role of Compliance Officers for Legal Practice in England and Wales. Journal of Law and Society, 45: 254-281. doi:10.1111/jols.12072, which has been published in final form at https://doi.org/Aulakh, S. and Loughrey, J. (2018), Regulating Law Firms from the Inside: The Role of Compliance Officers for Legal Practice in England and Wales. Journal of Law and Society, 45: 254-281. doi:10.1111/jols.12072. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. Uploaded in accordance with the publisher's self-archiving policy. |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Work and Employment Relation Division (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 19 Oct 2017 14:43 |
Last Modified: | 03 Jul 2018 14:06 |
Status: | Published |
Publisher: | Wiley |
Identification Number: | 10.1111/jols.12072 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:122823 |