DR Updates
November 10, 2022
Amendments to the Rules Regarding the Requirement to Complete an Accountant’s Report
At October 2022 Convocation, the Benchers approved amendments to the Rules resulting in changes to the annual reporting requirements for firms with trust accounts. These Rule amendments to Part 16 and Part 9 facilitate a shift in the approach to trust safety procedures and reflect changes that have already been successfully implemented in other Canadian jurisdictions and are aimed at: modernization and...
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September 2, 2022
Review of Accounting Rules of the Law Society
As the Law Society continues to engage in a proactive approach to regulating law firms, the input of the Designated Representatives continues to be a valuable resource to aid and guide the Law Society as it works towards the three main goals of law firm regulation: Enhancing competency and accountability by helping firms identify and manage risk, while reducing the likelihood...
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April 11, 2022
Guidance on Russian Sanctions from the Federation of Law Societies of Canada
In recent weeks the Canadian government has enacted a number of sanctions against individuals and entities in Russia and Belarus in response to Russia’s invasion of Ukraine. Members of the Policy Counsel Counterpart Group – a group of senior law society policy counsel and managers – from the Federation of Law Societies of Canada (FLSC) have developed guidance on the...
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March 21, 2022
Changes to Canadian Deposit Insurance Corporation’s (CDIC) Reporting Rules for Trust Accounts effective April 30, 2022
The Canadian Deposit Insurance Corporation, or CDIC, is a Canadian federal Crown corporation created by Parliament in 1967 to contribute to the stability of the financial system through orderly resolution of deposit insurance. It insures eligible Canadian deposits held in Canadian banks up to C$100,000 in the event of the failure of a member institution (MI). CDIC is fully funded...
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February 22, 2022
CPLED Launches Accelerated PREP
The Canadian Centre for Professional Legal Education (CPLED) received feedback from students of the challenges they experienced balancing competing priorities between their Bar admission program and their articles. To address this concern and offer students and firms greater flexibility in selecting the program delivery style that best suits their needs, CPLED is adding a full-time version of the Practice Readiness Education Program (PREP),...
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January 20, 2022
DR Update – Annual Report
We have added the ability for non-lawyers to complete the annual report on behalf of the Designated Representative (DR). This is meant to allow bookkeepers or other staff to complete the form and upload the required supporting documentation. However, only the DR can submit the report on behalf of the firm. The DR remains responsible for the annual report, including the completeness...
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January 20, 2022
Updated Reporting Process
As of January 1, 2020, all firms must now file an Annual Report with the Law Society of Saskatchewan to confirm specific rules and requirements are being met (Rule 903). This annual report is one of the new tools introduced as part of proactive firm regulation measures, and to modernize and streamline reporting requirements. We have added the ability for non-lawyers to complete...
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January 17, 2022
Consultation on Direct Supervision Requirements – Amendments
The Law Society is advancing amendments to the Direct Supervision Requirements in Chapter 6 of the Code of Professional Conduct. We ask you to circulate this short survey to legal assistants/paralegals and paraprofessionals in your organization. We also invite lawyers in your organization to provide feedback by filling out the survey. The deadline to complete the survey is January 31. To learn more, here's...
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January 3, 2022
Saskatchewan Legal Needs Survey
This survey explores legal needs and gaps in Saskatchewan and includes topics such as areas of law that are not adequately offered, social groups whose legal needs are not being adequately met, and strategies for increasing access to justice in the future. The assessment will address a deficit in justice data in Saskatchewan. It will contribute to coordinated efforts across the...
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December 20, 2021
Deadline Extended – Bencher Election Survey
As the 2021 election is now complete, we are inviting member perspectives on Bencher elections and invite all members to complete a short survey. The new deadline to complete the survey is Tuesday, January 4. As fiduciaries of the Law Society acting in the public interest, it is beneficial for Benchers to have diverse backgrounds and experience, yet members of equity-seeking groups...
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