Solicitors
Solicitor wrote cheque to himself from client account
A solicitor who was cautioned by the police for fraud after writing a cheque for £2,000 from client account to himself has been struck off by the Solicitors Disciplinary Tribunal.
Solicitors caught in dubious schemes “fail in due diligence”
Solicitors generally fail to carry out due diligence exercises on the people behind what turn out to be dubious investment schemes, a review by the Solicitors Regulation Authority has found.
Solicitor under-declared sale prices to pocket stamp duty
A solicitor who falsified returns to HM Revenue & Customs so as to underpay stamp duty land tax and pocket the difference in a bid to keep his firm afloat has been struck off.
City solicitor suspended after second police cocaine caution
A City solicitor who received a second police caution for possessing cocaine – but failed to report it out of fear of losing his job and marriage – has been banned from practice for a year.
LSB demands greater transparency on practising fees
Legal regulators will have to explain more clearly how they spend their practising certificate fees under revised rules proposed by the Legal Services Board.
67% of solicitors tell Law Society PC fee is not value for money
Two-thirds of solicitors do not consider the practising certificate fee value for money, with many expressing concern at the level being charged given the impact of Covid-19.
SRA shuts down 16-office law firm consolidator
The Solicitors Regulation Authority has today shut down a 16-office law firm consolidator with 180 staff across the country. It is highly unusual for the regulator to intervene in such a large practice.
MPs urge action on lawyers who facilitate “aggressive tax avoidance”
The lawyers and others who devise and market ineffective tax avoidance schemes are often breaking the law and a few legislative tweaks will make it easier to prosecute them, MPs have claimed.
Top judge slates firm over trial live-stream breach
The president of the Queen’s Bench Division has strongly criticised lawyers at US firm McDermott Will & Emery after they allowed a trial to be live-streamed to observers without the court’s permission.
Law Society announces another multi-million pound deficit
The Law Society recorded an operating loss of £5.5m on its representative work for solicitors in the last financial year, its annual report has shown. It was part of an overall deficit of £9.3m.