New collective mobilises SME and boutique firms to challenge COLP and COFA proposals
An alliance of SME and boutique law firms is urging the Solicitors Regulation Authority to reconsider proposals that would separate COLP and COFA roles from individuals with unilateral management control in certain firms. The group argues the threshold and implementation approach are not sufficiently evidence-based and could create practical and cost pressures for smaller practices ahead of phased introduction from January 2027.
