becoming SRA approved
overview
SRA Authorisation
Are you a legal professional or non-lawyer seeking entry and regulatory approval into the legal services market? Or you may be an existing firm looking to restructure your business model? Compliance Legal can help ensure the process of applying for SRA approval for new and existing legal entities runs smoothly and efficiently.
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Our SRA Authorisation services will help you succeed. Let’s get started
SRA Authorisation
Providing support in the following ways
Structure
Understand your commercial needs and advise on what type of structure would suit your business model (sole practitioner, recognised body or alternative business structure).
Risk
Our compliance management tool incorporates the latest SRA risk outlook and tracks warning notices issued by the regulator. We are then able to identify the key risks to your business and advise how these can be mitigated.
Plan
Prepare a comprehensive business plan and annual financial forecast.
Policies
Draft policies and procedures that supplement your business plan and support your application for regulatory approval.
Insurance
Secure competitive professional indemnity insurance cover from our network of SRA approved participating insurers.
Application
Complete the SRA application and approval process for your business model and its individual role holders.
Licence
Obtain SRA approval and regulatory licence(s).
Opportunities
Identify future business growth and digital marketing opportunities through our in-house marketing team.
Support
Upon approval of your entity our compliance support service can provide ongoing compliance and business management support.
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Let us carry out a free audit for you today!
We are pleased to offer a free, no obligation audit of the key risks to your business. Contact us today and see how our services can benefit your firm.