Solicitors
Reprimand for legal executive who asked SRA to keep quiet
A chartered legal executive has been reprimanded for asking the SRA not to tell his own regulator that it had investigated him. Unfortunately for him, they have an information-sharing agreement.
Guidelines “preserve GCs’ independence amidst corporate tension”
Comprehensive guidelines to boost the roles of and relationships between in-house lawyers and non-executive directors have been drawn up, in the hope of minimising the chances of an ethical lapse.
“Formal periodic reaccreditation” for lawyers back on the table
The Legal Services Board is set to begin work on a a review of continuing competence that will revisit the possibility of formal periodic reaccreditation for lawyers.
£13k fine for ops chief who resold firm’s mobiles highlights ABS anomaly
The former head of operations at well-known media law firm Schillings has been banned from working for solicitors after reselling the firm’s used mobile phones and pocketing the proceeds.
SDT president: Concerns over civil standard of proof “misplaced”
Concerns over the decision of the Solicitors Disciplinary Tribunal to move from the criminal to the civil standard of proof are “misplaced”, the tribunal’s president has said.
Move to allow Scottish law firms to access external investment
Scottish law firms should be allowed to accept external investment, while the title of ‘lawyer’ should be protected, the Scottish government has indicated.
Solicitor took £2m of client money in pursuit of “lottery win”
A former senior partner who plundered £2m from his firm’s client accounts as well as both private and charitable trusts after falling victim to a lottery scam has been thrown out of the profession.
Regulator considers cap on fees charged by personal injury CMCs
The Financial Conduct Authority is to explore whether to use its power to cap the fees charged by personal injury claims management companies, it has emerged.
Exclusive: Unregulated virtual firm granted SRA waiver
An unregulated version of a ‘dispersed’ or ‘virtual’ law firm has been granted a waiver by the SRA so that its solicitors can practise under their professional titles, Legal Futures can reveal.
PII reform views “evolving” due to market changes
There are powerful reasons why the SRA and Law Society could reverse their positions respectively in favour of and against reform of professional indemnity insurance, it has been claimed.