Compliance & Regulation


Moorhead: “We have to change the way lawyers think and behave”

14 November 2024

The leading figure on legal ethics in the UK has called for the creation of an independent commission charged with improving “honesty, integrity and effectiveness in the use of law”.


Barrister who held and dipped into client money suspended

14 November 2024

A direct access barrister who impermissibly held a divorce client’s money and then did not pay all of it back has been suspended for 18 months by a disciplinary tribunal.


Barristers “wrongly think they work within AML regulations”

14 November 2024

Barristers are wrongly stating that their work is covered by the money laundering regulations in their annual declarations to the Bar Standards Board, it has emerged.


Risk assessment failures land more firms with AML fines

13 November 2024

The Solicitors Regulation Authority has issued fines totalling £57,000 to eight more law firms for failures in their anti-money laundering controls.


Solicitor “created hundreds of file notes” to bolster costs claim

13 November 2024

A judge has condemned a solicitor for “the worst example of tampering with a file of papers that I have ever encountered” in reducing a bill claimed at nearly £260,000 to zero.


SDT “right to strike off” solicitor involved in fraudulent PI claim

13 November 2024

The Solicitors Disciplinary Tribunal was right to strike off a solicitor who took part in a fraudulent personal injury claim, even though he was not the instigator, the High Court has ruled.


Tribunal clears solicitors over volume litigation misconduct

12 November 2024

The Solicitors Disciplinary Tribunal has dismissed allegations of misconduct against two high-profile solicitors over their handling of volume financial mis-selling claims.


Employment law silks clash over impact of BSB equality duty

12 November 2024

Two leading employment law silks have clashed over the new, proactive equality duty proposed by the Bar Standards Board, disagreeing on how much of an impact it will have on barristers.


Immigration firm “advised beyond its competence”

12 November 2024

A tribunal has rejected an appeal from an immigration adviser and firm whose registration was cancelled for breaches of the OISC code that were “as extensive as they were serious”.


Solicitor left abandoned law firm in “chaotic state”

11 November 2024

A solicitor who “abandoned” his law firm, leaving his office “in a chaotic state” with piles of letters thrown away as a fire hazard by neighbouring tenant, has been struck off.


Law firms tell SRA: we want to keep client account

8 November 2024

A poll of law firms has found almost complete opposition to the Solicitors Regulation Authority’s idea of preventing them from holding client money.


Fine for conveyancer who acted for lenders and himself

8 November 2024

A solicitor who acted for lenders in conveyancing transactions without telling them he was also acting for himself and family members has been fined £12,500.


Tribunal fines law firm for persistent transparency rule breaches

8 November 2024

The Solicitors Disciplinary Tribunal has fined a law firm over £20,000 for failing to comply with the SRA’s transparency rules and requirements to have a COLP and COFA.


Law firm launches consultancy to help investors enter legal market

7 November 2024

City law firm Kingsley Napley has launched a strategic regulatory advice service for private equity firms and other investors eyeing up the UK and international legal market.


SRA worried about firms over-reliant on client account interest

6 November 2024

The SRA will ask next week whether it is ever right for solicitors to retain interest received on client account money, saying it is worried that some firms rely on it to stay solvent.

Page 1 of 120 Page 2 →

Blog


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.


ABSs, cost and audits – fixing regulation after Axiom Ince

A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.