Regulatory Role of the SRA

Question 1

Activities that can be carried out only by a person authorised by an appropriate regulatory body are known as…..

Answer 1

Reserved legal activities

Question 2

Give six examples of reserved legal activities

Answer 2

1. Exercise of a right of audience
2. Conduct of litigation
3. Reserved instrument activities
4. Probate activities
5. Notarial activities
6. Administration of oaths

Question 3

What is a key example of a reserved instrument activity?

Answer 3

The preparation of any instrument relating to real or personal estate, including the contract for sale of land

Question 4

A person who is acting on their ___ _____ may carry out a reserved legal activity even if they are not __________

Answer 4

own behalf, authorised

Question 5

What 2 factors should a law firm take into account when determining whether their indemnity insurance is adequate and appropriate?

Answer 5

1. The historic claims experience of the firm
2. the value of matters the firm takes on each year

Question 6

A ________ solicitor does not need to hold professional indemnity insurance unless they are carrying out a ________ ______ _______

Answer 6

freelance, reserved legal activity

Question 7

A freelance solicitor can carry out RLAs without being authorised as a sole practitioner of the SRA subject to what 4 conditions?

Answer 7

1. 3 years PQE
2. Adequate and appropriate insurance
3. Don’t hold client money
4. Notify the SRA