What is an intervention?
An intervention is the act of closing down a firm of solicitors by the Solicitors Regulation Authority (SRA). The SRA has the statutory power, granted by Parliament, to do this in order to protect the interests of the clients and the public.
The SRA also takes possession of all files and monies held by the intervened firm. They use Intervention Agents, such as ourselves, to help with this process. Intervention Agents, however, do not continue the practice of the intervened firm.
Effectively this means the intervened firm is no longer able to act on behalf of its clients during the intervention. Instead, you must find a new firm of solicitors to act on your behalf as soon as possible.
It can’t have escaped your notice that Theresa May recently announced the publication and consultation in respect of a revised National Planning Policy Framework. However, at the same time, the Government has also published a separate consultation on its proposals for change to the developer contribution system.