In May 2014, the SRA announced that, with effect from 1 November 2016, the requirement for solicitors to undertake 16 hours of continuing professional development (CPD) per year will end.
It will be replaced by a requirement for solicitors to prove their continuing competence.
For the year to 31 October 2014, there is no change; all solicitors who work more than 32 hours a week must complete 16 hours’ CPD and record this training in their individual record.
In Spring 2015, the SRA will publish a competence statement, indicating what a competent solicitor should look like, supported by guidance to assist firms and individuals in the transition to the new regulatory regime.
From Spring 2015, firms will be able to opt in to the new competence based regime, although they can choose to remain under the existing hours-based regime until 31 October 2016. For the period Spring 2015 to October 2016 the two regimes will run in parallel.
Further information about the changes can be found on the SRA website.