Tag Results
From the Russian mafia to the Arab Spring – SRA records big rise in money laundering reports
Wednesday, 5 March 2014The number of law firms suspected of involvement in money laundering trebled last year, with some solicitors mixed up with the Russian mafia as well as “inappropriate transactions” following the Arab Spring, the Solicitors Regulation Authority revealed yesterday.
Tags: anti-money laundering, money laundering, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Second phase of apprenticeships scheme opens door to solicitor and conveyancer qualification
Wednesday, 5 March 2014Key players in the legal profession have welcomed the second phase of a government-backed scheme that will create apprenticeships which for the first time will lead to qualification as a solicitor, while a new apprenticeship in conveyancing will also be developed.
Tags: Chartered Institute of Legal Executives, CILEX, Council for Licensed Conveyancers, Solicitors Regulation Authority
Posted in hrtraining, Latest news, Legal Executives, News, Other lawyers, Solicitors
Huge rise in number of criminals using bogus law firms
Friday, 28 February 2014The number of reported attempts trying to defraud the public by using bogus law firms soared by 57% last year, the Solicitors Regulation Authority revealed yesterday as it brought forward publication of a cybercrime guide.
Tags: Solicitors Regulation Authority
Posted in Latest news, Solicitors, Technology
Solicitors put on phishing alert over bogus SRA e-mail, as new cash converter scam also emerges
Wednesday, 26 February 2014Solicitors have been warned about a new e-mail ‘phishing’ scam containing a computer virus that is targeted at the profession and purportedly sent by the SRA. Meanwhile, the regulator has reported a new scam involving cash converter type stores.
Tags: Solicitors Regulation Authority
Posted in Latest news, Solicitors
LSB and Law Society on new collision course over SRA appointments
Friday, 21 February 2014The Legal Services Board is heading for another confrontation with the Law Society after proposing to take away its responsibility for appointing the chairman and board of the Solicitors Regulation Authority.
Tags: internal governance rules, Law Society, Legal Services Board, Solicitors Regulation Authority
Posted in Barristers, Latest news, Legal Services Board, Solicitors
LSB to impose controversial lay chair requirement on regulators
Thursday, 20 February 2014The frontline regulators will be required to have lay chairs in future after the Legal Services Board (LSB) pressed ahead with its controversial change to the internal governance rules.
Tags: bar standards board, ILEX Professional Standards, internal governance rules, Legal Services Board, Solicitors Regulation Authority
Posted in Barristers, Latest news, Legal Executives, Legal Services Board, Other lawyers, Solicitors
Tribunal rejects SRA appeal against sex discrimination ruling
Thursday, 20 February 2014The Solicitors Regulation Authority has lost its appeal against an employment tribunal decision that it discriminated against a female employee after revoking her part-time working agreement.
Tags: sex discrimination, Solicitors Regulation Authority
Posted in Latest news, Solicitors
SRA: interventions due to dishonesty on the rise
Wednesday, 12 February 2014The Solicitors Regulation Authority recorded a sharp rise in the number of interventions last year that involved suspected dishonesty, new figures have revealed. It also highlighted growing delays in cases going through the Solicitors Disciplinary Tribunal.
Tags: ABS, Alternative business structures, intervention, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Accountants say ABS enables them to monitor quality of clients’ legal work
Wednesday, 12 February 2014A central London firm of accountants has set up an alternative business structure (ABS) as a means of keeping control of legal work that it previously referred to third party law firms.
Tags: ABS, accountants, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
LSB calls for 50-fold increase in SRA fining power
Wednesday, 12 February 2014A consultation on a fresh attempt by the Solicitors Regulation Authority to increase its powers to fine law firms has closed with familiar battle lines drawn, with the Legal Services Board backing the move and the Law Society opposing it.
Tags: fining powers, Law Society, Legal Services Board, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Legal Services Act, Legal Services Board, News