Compliance & Regulation


LSB warns regulators to meet deadline on new transparency rules

19 January 2024

The Legal Services Board has warned the frontline regulators that it will take action if they do not deliver new measures to improve transparency around lawyers’ services by September.


SRA hands out fines nearing £50,000 for AML failures

19 January 2024

The Solicitors Regulation Authority has this week issued fines totalling nearly £50,000 to two law firms and a solicitor over various breaches of anti-money laundering rules.


Immigration solicitor’s complaints about Daily Mail sting rejected

19 January 2024

One of the immigration solicitors caught up in a Daily Mail sting last summer has failed in his complaint about it to the Independent Press Standards Organisation.


Lawyer rebuked for not checking ID of walk-in client

18 January 2024

A chartered legal executive who failed to check the identity of a walk-in client who said the firm had acted for him in the past has been rebuked by the Solicitors Regulation Authority.


CMA urged to act over lack of progress on lawyer quality indicators

17 January 2024

The Competition & Markets Authority has been urged to step in and accelerate the “painfully slow” progress legal regulators are making in developing quality indicators.


CA upholds ruling that solicitor did not condone partner’s £16m fraud

17 January 2024

The Court of Appeal has dismissed the latest bid by the insurer of London law firm Jirehouse – whose founder is in jail for fraud – to exclude liability for the multi-million-pound loss suffered by a client.


Solicitor fined £15,000 fine for AML due diligence failures

17 January 2024

A partner who failed to conduct proper client due diligence in property transactions that had signs of money laundering has been fined £15,000.


Private client lawyer who pocketed clients’ fees is struck off

16 January 2024

A salaried partner who told clients to pay him in cash or with cheques made out to him, which he kept, has been struck off by the Solicitors Disciplinary Tribunal.


BSB to scrap requirement for barristers to have a degree

16 January 2024

The BSB is planning to scrap the requirement that Bar students have at least a lower second-class degree, opening the way for those with third-class degrees or no degree at all to become a barrister.


First diversity profile of in-house solicitors puts public sector to fore

16 January 2024

The public sector is home to a more diverse group of in-house solicitors than the private sector, Solicitors Regulation Authority data has shown.

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Blog


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The gap between the number of road traffic accident injuries and the number of motor injury claims continues to widen, according to the latest government data.


Five key issues to consider when adopting an AI-based legal tech

As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.


Bulk litigation – not always working in consumers interests

For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.


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