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SRA makes intervention panel efficiencies

3rd September 2012

The Solicitors Regulation Authority (SRA) has announced sweeping changes to its intervention panel, which has created roles for lawyers from eight private practices after an exhaustive tender process that has been successful in its aim of introducing efficiencies across the board.

Although the radical streamlining will mean a reduction in the number of solicitor jobs that the intervention panel serves, the SRA have insisted the changes were necessary in order to ensure that the body remains cost effective and therefore able to offer a good service to its many clients.

The move was made as part of a far-reaching review of the panel, which should also lead to the recording and distribution of client papers being made less complicated and time consuming.

According to sources involved in the new setup, each of the firms involved will be responsible for their own work packages, although five will coordinate on all of these packages.