header-logo header-logo

16 March 2023
Categories: Legal News , Profession , Legal services , Regulatory
printer mail-detail

In-house and under pressure?

One in 20 corporate counsel have come under pressure to suppress or ignore information in conflict with their regulatory obligations, according to research by the Solicitors Regulation Authority (SRA).

Moreover, one in ten have found their regulatory obligations compromised while trying to meet their employer’s priorities, particularly when faced with heavy workloads, the In-house solicitors thematic review found. Some senior in-house counsel acknowledged that balancing regulatory responsibilities while maintaining effective working relationships can be challenging.

However, most of the more than 1,200 in-house lawyers responding to the survey felt their independence was valued in their organisation, and most said they would feel comfortable advising their employer against unethical action. The majority were confident they could act ethically even if under pressure from their employer.

The SRA concluded some in-house teams need to have formal policies and controls in place to guard against such pressure. It committed to publishing new guidance for the in-house sector, launching dedicated online resources and running events to share best practice and get further feedback on areas where more support is needed.

Paul Philip, SRA chief executive, said: ‘The in-house sector continues to grow, with 8,000 more in-house solicitors than a decade ago.

‘They now make up around a fifth of practising solicitors. The findings of this review are generally encouraging. Yet a minority struggle.

‘We heard frequently that heavy workloads were a significant challenge. That is a problem if it means some in-house solicitors struggle to commit appropriate time to training or careful consideration of key decisions.’

Philip said the review also found one in ten in-house lawyers do not have enough time to keep their skills and knowledge up to date.

MOVERS & SHAKERS

EIP—Stuart Malcolm

EIP—Stuart Malcolm

EIP strengthens Commercial practice with a new partner

Ellisons—Francesca Brown

Ellisons—Francesca Brown

Ellisons welcomes Francesca Brown to Family team

Shakespeare Martineau—Marie Bourke

Shakespeare Martineau—Marie Bourke

Shakespeare Martineau strengthens Sheffield regulatory practice with new hires

NEWS
A wide-ranging Civil Way column highlights developments from insolvency procedure to employment law, but one case stands out for its lessons on bankruptcy, family homes and digital communications
A sprawling Intellectual Property Office battle between House of Fraser and Frasers Property has delivered a masterclass in modern trade mark law
Courts in England and Wales and Singapore are increasingly confronting complex disputes over international child relocation as families become more globally mobile
The government’s long-awaited family law reform consultation could mark a turning point for domestic abuse victims navigating financial remedy proceedings, but significant challenges remain
A new commercial court pilot giving the public access to documents used in hearings, including expert reports, is raising difficult questions about transparency and privacy
back-to-top-scroll