Compliance & Regulation
Small firms launch campaign to keep client interest
The SME and Boutique Law Firm Alliance is asking firms to sign an open letter to Prime Minister Andy Burnham over the proposals to appropriate client account interest.
Banks “will cut rates” if government takes client account interest
Banks will cut the interest they pay on law firms’ client accounts from up to 3.75% to 1% if the government goes ahead with its plan to take most of the money.
Solicitor who tried to cover up claim service failure struck off
A solicitor who sought to cover up his failure to serve a claim on the defendant by fabricating a letter and then misleading the court has been struck off.
Rapson: Two-thirds of SRA investigations touch on ethics
Two-thirds of investigations by the Solicitors Regulation Authority involve “some reference” to professional ethics, its chief executive said yesterday.
SRA heading for Carter-Ruck showdown in Supreme Court
The High Court has granted the SRA permission to appeal the Carter-Ruck ruling and issued a leapfrog certificate to take it straight to the Supreme Court.
SME law firm group reports “positive” meeting with SRA
The SME & Boutique Law Firm Alliance has described a meeting yesterday with the Solicitors Regulation Authority as “a positive step forward” – but with still a long way to go.
Questions over “drunk barrister” fail to save convicted man’s appeal
The Court of Appeal has rejected a convicted man’s application for third-party disclosure from the Bar Standards Board over claims that his prosecutor was drunk.
LSB ditches plan to up pressure on regulators over diversity
The Legal Services Board has unexpectedly ditched plans that would have increased pressure on regulators to improve diversity in the profession.
LeO: Unhappy clients turning to AI – but that might not be so bad
AI is acting as “an informal form of pre-complaint ‘triage’” that is more likely to influence consumers not to complain than to complain, according to Legal Ombudsman research.
SRA announces “pause” to compliance officer rule changes
The Solicitors Regulation Authority has bowed to pressure from the profession and announced a “pause” in its implementation of the new compliance officer rules.
Blog
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Information isn’t oversight – lessons from the PM Law review
The PM Law review’s real findings perhaps point to a failure mode applying to any organisation sitting on scattered risk information.
Reports
Associates
