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The new SRA Handbook introduces a new approach of outcomes-focused regulation. From October 2011 all firms will need to meet these outcomes.
In addition to having systems in place to ensure compliance with the outcomes each firm will have to appoint a person as the nominated Compliance Office for Legal Practise - COLP who will be responsible for ensure every fee earner and the firm works to the new regulations.<br><a href=http://community.atom.com/Post/Responsibilities-of-a-Bankruptcy-Lawyer/03EFBFFFF0248FFEE0008016000FB>Responsibilities of a Bankruptcy Lawyer</a>

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