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Clerk who pursued PI claims against wishes of clients banned by SDT

A clerk who pursued personal injury claims against the wishes of his clients has been banned from working for law firms by the Solicitors Disciplinary Tribunal. Michael Davis said he was acting “in accordance with office procedures” and was managing up to 400 live cases at any one time.

June 16th, 2017 | No Comments »

SQE could be delayed beyond 2020, SRA admits as top City firm partner lays out concerns

The Solicitors Qualifying Exam could be postponed beyond its launch date of 2020, the Solicitors Regulation Authority has admitted. In a further development, the regulator has said it was possible that the all-powerful central assessor of the new exam could also be a course provider.

June 15th, 2017 | No Comments »

Partners at Yorkshire firm fined over conflicts of interest

Two partners who acted both for former clients of a law firm shut down by the Solicitors Regulation Authority and for one of that firm’s solicitors have been fined by a disciplinary tribunal. However, they had to accept higher fines than had been agreed with the regulator to satisfy the tribunal’s view of the seriousness of their misconduct.

June 9th, 2017 | No Comments »

Partners who were “authors of their own misfortune” fined £35,000 by SDT

Two partners at a high street firm have each been fined £35,000 by the Solicitors Disciplinary Tribunal for multiple accounts rule breaches – very much at the higher end of the financial penalties it usually hands out. One was also found to have breached the money laundering regulations and both failed to act with integrity.

June 8th, 2017 | No Comments »

SRA asks High Court for tougher sanctions for solicitors in £21m Ecohouse collapse

The High Court will hear an appeal by the Solicitors Regulation Authority later this month for tougher sanctions on two West Midlands solicitors, suspended for their involvement in a collapsed Brazilian property investment scheme. But the scheme’s liquidators have “reluctantly” decided not pursue legal action against their firm.

June 6th, 2017 | No Comments »

SRA fails with bid to strike out solicitor’s damages claim

The Solicitors Regulation Authority has failed to strike out a damages claim by a solicitor at the High Court who claims it breached his confidentiality when it handed over documents from the firm to that solicitor’s former partner in relation to a separate legal action.

May 25th, 2017 | No Comments »

Personal injury firm sold multi-track work after “sudden and unexpected” rejection by bank

A personal injury firm was forced to sell its multi-track work at a “considerable” loss after the “sudden and unexpected” withdrawal of support from its bank, the Solicitors Disciplinary Tribunal has heard as it fined two partners and a non-lawyer partner for retaining unpaid professional disbursements in its office account.

May 23rd, 2017 | 1 Comment »

Training reforms no “panacea for diversity”, SRA report warns

The training reforms unveiled last week by the Solicitors Regulation Authority are “not a panacea for diversity” though they could make a “significant contribution”, a report for the regulator has concluded. The report also warned that the arrival of the solicitors qualifying examination in 2020 would make the training market “more complex to navigate”.

May 4th, 2017 | No Comments »

LSB to lead push for “minimum disclosures” by law firms on price and service

The Legal Services Board has said it expects frontline regulators to introduce compulsory “minimum disclosures” by law firms on price and service. The LSB was responding to the Competition and Market Authority market study of legal services.

April 20th, 2017 | No Comments »

SRA attacks “disproportionate and unnecessary” money laundering regulations

New anti-money laundering regulations planned by the Treasury would impose “disproportionate and unnecessary” burdens on law firms, the Solicitors Regulation Authority has warned. It was particularly unhappy about a ‘criminality test’ for lawyers.

April 20th, 2017 | No Comments »