Investment Schemes: The Risks and Warnings for Solicitors

Starting Price: £35.00

Price excludes VAT

The SRA Risk Outlook 2018 highlights the risks and dangers investment schemes pose to solicitors and their clients. The SRA has outlined a number of core issues of which solicitors need to be aware in order to ensure they are not falling below standards of expected behaviour.

This course will introduce and explain investment schemes and their associated risks.  The course trainer, Michael Cotter, is an expert Financial Services Lawyer who can provide real world insight and examples of assisting and working with those affected by investment scheme collapses which have affected both private clients and corporate bodies.


This course is applicable to all solicitors.  Each individual is responsible for complying with the requirements of the SRA Handbook and the managers of each firm are responsible for the overall compliance of their individual firms.

Compliance Officers for Legal Practice (COLPs) and for Finance and Administration (COFAs) will find these courses of particular interest as their role is to champion compliance and good risk management within their firms.  These courses may be integrated within existing processes to ensure that individuals are given sufficient information to comply with the SRA Handbook.

Locations and Dates

Live Online – 28 September 2020 (12:30 pm – 1:30 pm)

Topics Covered
  • What the SRA expects of solicitors and those working within the profession;
  • Why investment schemes pose a real risk to the profession;
  • How to identify risk; and
  • Learning from example as to how best to avoid investment scheme risk.
Format & Delivery

This will be delivered via our highly interactive Live Online system, be 1 hour in length and can be accessed from any location. Live Online sessions are delivered real time with an experienced trainer delivering throughout the session enabling delegates to ask questions and engage with the learning content. No prior technical expertise is required to sign up to these sessions.

SRA Competences

A2        Maintain the level of competence and legal knowledge needed to practise effectively, taking into            account changes in their role and/or practice context and developments in the law

A4        Draw on a sufficient detailed knowledge and understanding of their field(s) of work and role in order to practise effectively

A5        Apply understanding, critical thinking and analysis to solve problems

B1        Obtain relevant facts

B2        Undertake legal research

B3        Develop and advise on relevant options, strategies and solutions

C2        Establish and maintain effective and professional relations with clients

C3        Establish and maintain effective and professional relations with other people

D3       Apply good business practice


There is no preparation for this course although we do ask that you come prepared to engage with the subject and be willing to get involved with the discussions this programme raises.

Following each session we suggest you complete a personal development plan which will help you identify key action points together with a framework for ensuring that you achieve them.

Learning Outcomes
  • Better understand the risks posed by investment schemes;
  • Understand why solicitors are a “target” for those that promote dangerous investment schemes;
  • Better understand the types of investment schemes that solicitors may come across;
  • Know of recent investment scheme collapses and the position adopted by the SRA and the SDT.