It helps to have read Pride and Prejudice, but that isn't necessary. The film stands on its own.
Where it stands fairly well is in its direction and editing. The film is crisp and goes where it needs to without a lot of fuss. Cinematography shows off the scenery quite well.
Where it fails is twofold: one, the script -- and, thus, characterizations -- and, two, the chemistry between the leads. The film indulges in embarrassing cliches, such as the two gay best friends who are ostensibly meant to be taken ironically, I suppose; but they come off as a couple of losers. Cringeworthy, even. The women don't fare very well, especially Darcy's girlfriend. Their acting is fine; it's just that the women -- and some of the men -- appear to be in a different movie. The girlfriend is a homophobic shrew....which gives rise to a related problem, that of open homophobia clearly expressed. While it's certainly understandable that these attitudes exist, why this film, ostensibly about a slow-brewing romance, indulges homophobia to the extent it does is problematic. We've all heard these things before; and rather than make us dislike more the characters who are homophobic, you are aghast that the script is so in-your-face about this. Less of this would have been better.
The two leads are fine; yet in so far as they are physically quite different so too is there zero chemistry. Bennett is all sincerity and feelings while Darcy is all brooding and impenetrable. They are oil and water and it just does not work. The ending -- and this is a sort of spoiler but not really, as the ending is clearly what you think it will be, especially if you know the novel -- where they kiss has to be the most unromantic moment I've ever witnessed in a film.
Huge plot hole: a neighbour believes she sees Darcy hit his girlfriend -- he doesn't -- and hears him threaten to harm her. No one challenges this, not even the police officer, by saying "Where were you when you heard the threat?" She was in her own house next door and all the windows were closed; even if she had been outside she couldn't have heard a thing. This is just sloppy.
One final point: the music / soundtrack. It's like you're in a shopping mall. I get that scoring a film costs money. But the producer could have avoided this simply by using less music but of better quality.