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European Commission rejects lawyers’ pleas to reduce anti-money laundering burden
Tuesday, 17 April 2012The European Commission sees no reason to accede to lawyers’ calls and reduce the burden of anti-money laundering rules on the legal profession, a new report has indicated. However, it will consider steps to improve under-reporting of suspicious transactions.
Tags: anti-money laundering, Europe
Posted in Latest news, Regulation
EU aims to train 700,000 legal professionals in European law by 2020
Monday, 19 September 2011Around half of Europe’s 1.4m legal professionals should receive training in European law and other member states’ legal systems by 2020, the European Commission has said. It also wants all lawyers to have at least one week’s training in EU law during their careers.
Tags: Europe
Posted in hrtraining, News
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A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.
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