Compliance & Regulation
SRA’s plans for compulsory ethics discussions “could cost £100m”
Plans by the SRA to introduce compulsory three-hour ethics discussions for solicitors could cost the profession £100m, Birmingham Law Society has calculated.
Milne to face SDT over stalking conviction
Controversial solicitor Andrew Milne is to face the Solicitors Disciplinary Tribunal following his conviction earlier this year for stalking.
Solicitor posed as police officer to get CCTV footage from Nando’s
A motoring solicitor from Cheshire has been found guilty of impersonating a police officer after trying to get CCTV footage from a Nando’s restaurant.
Solicitor jailed for money laundering now allowed to hold client money
A solicitor who returned to the profession after being jailed for four years for money laundering offences can now hold client money and act as a signatory on client account.
Using client account as banking facility lands solicitors in trouble
The former co-head of a City law firm’s yacht department and a veteran sole practitioner in Shropshire have been fined for using client accounts as a banking facility.
Legal Services Board acknowledges “failure to protect consumers”
The Legal Services Board accepts responsibility for its role in “the failure” of the regulatory system to protect consumers, its chair said yesterday.
Legal Services Board “has lost its way”, government review finds
The oversight regulator of legal services has “lost its way” in recent years and a reset is needed while work begins on a wider review of regulation, a major report has concluded.
LSB to focus on “fewer but more clearly defined priorities”
The Legal Services Board will focus “more sharply on fewer but more clearly defined priorities” in a three-year strategy to be launched later this year.
SRA outlines specific regulation for law firms using litigation funding
Law firms arranging or using third-party litigation funding for consumer claims will have to tell the SRA about it, under plans unveiled today.
Lawyers “could be negligent” for failing to use AI
Lawyers and other professionals can be sued for negligence for failing to use AI, according to the latest legal statement from the UK Jurisdiction Taskforce.
Blog
Is clients’ use of AI destroying legal privilege?
Much has been written about the risks of lawyers misusing AI. However, in my view, the greater challenge lies elsewhere: the routine use of AI by clients themselves.
Does the Lloyd review mark the end of the Legal Services Act?
The Legal Services Board often generates eye-rolls and irritation from the leaders of the frontline regulators it oversees and of the representative bodies attached to them.
A familiar story?
There is no doubt that the rising cost of clinical negligence claims deserves attention. However, the system’s true cost driver is often not the claim itself.
