The legal profession stands at a crossroads. With increasing scrutiny on how law firms handle client money, the Solicitors Regulation Authority (SRA) has launched a consultation exploring whether firms should continue holding client funds or transition to alternative models.
At Shieldpay, we believe this is an opportunity for positive transformation. Our response to the SRA’s consultation challenges outdated assumptions, addresses key industry concerns, and outlines the case for a safer, more transparent future for client money management.
Download our full response to the SRA’s consultation below to explore:
The legal industry is evolving, and firms need to be proactive in shaping the future of client money management. As a trusted payments partner, Shieldpay is committed to helping law firms reduce risk, enhance compliance, and deliver greater client protection.
Want to discuss how this impacts your firm? Get in touch with our team today.
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