Compliance & Regulation

A solicitor who admitted “manifest incompetence” and that he was “a poor manager”, failing to disclose that his firm was in financial difficulty, has been suspended for 18 months.

Axiom Ince should have sufficient assets to meet the claims for the millions in missing money, a lawyer for its global chief executive has said.

An IT support worker at a major London law firm who sought to influence a coroner by sending misleading emails using his work account has been banned from the profession.

Smaller law firms and practices that mainly operate in conveyancing pay twice the level of professional indemnity insurance premium of others, new research has shown.

The Bar Standards Board has decided to restart paying its share to the cost of the consumer-facing website run by all the legal regulators, four years after pulling out.

Barristers need to lead innovation at the Bar if they want to avoid sharing the fruits of their labours with external investors, the Bar Council chair said last night.

A solicitor who changed the date on a legal charge having missed the deadline for registration at Companies House has been struck off by the Solicitors Disciplinary Tribunal.

A senior solicitor convicted of sexually assaulting two women in his local pub has been fined £25,000 by the Solicitors Disciplinary Tribunal.

Law firms are struggling to understand the Solicitors Regulation Authority’s workplace environment rules introduced earlier this year, a leading regulatory solicitor has warned.

The government has rowed back on a proposal to introduce a single regulator for insolvency practitioners but will take statutory power to do it in future if needed.

A solicitor whose misconduct “spiralled” from maladministration to using client money to pay personal expenses, and included calling a client a “spastick”, has been struck off.

The Solicitors Regulation Authority has approved new owners for an alternative business structure set up by an AIM-listed personal pension provider.

Legal regulators and representative bodies were yesterday named as members of a new government taskforce aiming to clamp down on SLAPPs.

Nearly half of consumers who have a will either wrote their own or obtained it through a cheap online service, with hardly any checking the credentials of the provider.

The government indicated this week that it would resist calls for a statutory ban on non-disclosure agreements in the workplace, having been told that lawyers “are part of the problem”.