Legal News

Partner transferred £700,000 to client “to avoid negligence claim”

A former partner in a London law firm transferred almost £700,000 of his own money to a client company to avoid a negligence claim.

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Don’t kick transparency rules into long grass, SRA told

The Solicitors Regulation Authority must publish a timeline setting out when it will resume work on the transparency rules for law firms.

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No privilege for litigation funding documents

Documents created to enable a litigation funder to decide whether to fund a group action are not covered by litigation privilege, the High Court has ruled.

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Consumers turning away from collective action cases

Law firms working on collective action cases face a growing lack of trust amongst consumers who fear genuine claims could be online scams, according to research.

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Blog


Beyond PCP: Can regulators and lawyers work better together next time?

Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.


Accountability has to live within governance, not with one person

The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.


The SRA’s client money reforms: good intentions, questionable execution

On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.