Latest news
Solicitor fined third of annual income for breach of undertaking
A solicitor who paid out money he was holding, having given an undertaking not to do so, has been fined a third of his annual income by the Solicitors Regulation Authority.
Birmingham Law Society attacks SRA’s ‘Robin Hood’ fines plan
More solicitors have attacked the Solicitors Regulation Authority’s plans for new fining guidance, rejecting its “Robin Hood” approach of calculating fines based on income.
Law firm employee passwords “widely available” on Dark Web
Almost three-quarters of UK law firms have at least one employee password leaked into publicly available sources, the largest study of its kind has found.
AML overseer tells legal regulators to up their efforts
The body tasked with overseeing legal regulators’ anti-money laundering work said yesterday it was not seeing “the consistent, effective improvement we need”.
City solicitors lambast SRA’s plans for new fining regime
The Solicitors Regulation Authority’s proposed reform of its fining powers is arbitrary, not fit for purpose, and inconsistent with its legal obligations, City solicitors have warned.
AI use among lawyers soaring but impact on fees uncertain
Four out of five lawyers are currently using or planning to use artificial intelligence tools, according to new research – but the impact on pricing remains unclear.
Contracting PI market and Google changes hit listed legal business
The personal injury market has contracted further this year, with business made harder by changes in the Google algorithm, listed business NAHL said today to explain a drop in turnover.
High Court criticises “disorganised and unhelpful” solicitor
The High Court has criticised a solicitor’s “disorganised and unhelpful” conduct of a claim in refusing to set aside an order that his client’s costs budget be limited to the court fees.
“Not a steady state period” – SRA extends chair’s term
The board of the Solicitors Regulation Authority has decided to extend Anna Bradley’s term as chair for a further two years rather than recruit a replacement.
SRA ban for employed barrister jailed for rape
An employed barrister jailed for raping a woman he met on Tinder has been banned from working for law firms after he failed in his appeal.
Blog
TikTok or TikNot: Is social media working for you?
The average law firm spends around a quarter of its marketing budget on social media but sees little in return, our research found.
Tomorrow’s legal landscape: helping firms prepare for change
Law firms must constantly question the status quo and be willing to adapt. Take nothing for granted. Never say ‘we’ve always done it this way’; never say ‘we’re lawyers and we’re different’.
Succession (Season 5) – Santa looks to the future
It’s time for the annual Christmas blog from Nigel Wallis, consultant at Legal Futures Associate O’Connors Legal Services.
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