Compliance & Regulation

The High Court has upheld a six-month suspension imposed on a barrister who failed to comply with a court order to pay £54,600 to a former salaried partner in his law firm.

Two experienced partners who submitted paperwork to HM Land Registry with fake names to conceal the true owners of properties have been struck off.

The cost of practising as a barrister is set to rise by 8.5%, in part to finance continuing investigations into counsel involved in the Post Office scandal.

Axiom Ince chief executive Pragnesh Modhwadia and fellow solicitor Shyam Mistry, along with three senior staff, were charged today by the Serious Fraud Office.

The solicitor accused of trying to improperly restrict publication of an email he sent to a high-profile lawyer over the affairs of former Conservative MP Nadeem Zahawi, has been fined £50,000.

The Solicitors Regulation Authority has opened dozens of investigations into law firms in relation to their conduct of volume litigation. Between them, they handle more than 150,000 claims.

The Solicitors Regulation Authority has banned a third former employee of Axiom Ince from working in the profession in future without its permission due to “serious” misconduct.

EU states may prohibit external investment in law firms because of the need to protect lawyers’ independence, the Court of Justice of the European Union has ruled.

The High Court has referred a barrister to the Bar Standards Board for launching a judicial review which was “abusive and bound to fail” on behalf of a client facing extradition.

The SRA has issued the highest fine since the limit went up to £25,000 among 14 handed out in recent weeks for breaches of the anti-money laundering rules.