Compliance & Regulation
MoJ an international outlier with client account interest plan
Interest on Lawyers’ Client Account schemes around the world do not divert the money to general government coffers, as the Ministry of Justice is proposing, according to research.
Solicitors fined for misconduct over purchase of law firm
A woman who used a solicitor to buy a law firm while she was still a trainee, and then practised unsupervised, has been fined for misconduct.
Government will put firms “at risk” with client account interest grab
The government’s proposed raid on client account interest “will put high street law firms at risk and force legal fees to rise for those that survive”, the Law Society has warned.
Spot-fixing cricketer’s solicitor cleared of urging false defence
A solicitor who acted for a cricketer jailed for spot fixing has been cleared of an allegation that he encouraged his client to offer false evidence in his defence.
‘Double jeopardy’ warning over FCA money laundering switch
The Financial Conduct Authority taking over the supervision of anti-money laundering activity risks delay and double jeopardy, the Solicitors Disciplinary Tribunal has warned.
Ministry of Justice unveils plan to plunder client account interest
The Ministry of Justice has today unveiled plans for an Interest on Lawyers’ Client Account scheme, which would claim 75% of the interest on pooled client accounts to boost its budget.
SRA to pay solicitor £160k over “fatally flawed” prosecution
The Solicitors Regulation Authority has been ordered to pay a solicitor nearly £160,000 in costs after its prosecution of her was ruled “fatally flawed”.
Advertising watchdog targets motor CMCs in latest crackdown
The Advertising Standards Authority has banned misleading adverts aimed at victims of car accidents as part of a new crackdown on claims management companies.
Junior solicitor avoids strike-off after deleting part of handover note
The Solicitors Disciplinary Tribunal (SDT) has decided against striking off a junior solicitor who deleted part of a colleague’s handover note to cover up his failure to do what it said.
Professional ethics network to push for “cultural step-change”
A professional ethics network is to be launched in a bid to achieve the “cultural step-change” required to improve standards among lawyers.












