Compliance & Regulation

Law firms unable to secure professional indemnity insurance because of Covid-19 can prolong the extended indemnity period by agreement and with regulatory approval.

An experienced solicitor who allowed her firm’s client account to be used as a banking facility in a £8m “cheque-clearing scheme” has been struck off.

A law firm acting for different defendants against the same claimant does not owe that claimant a true fiduciary duty, and so it does not have to prove its Chinese Wall works, the Court of Appeal has ruled.

A solicitor accused of disclosing to a client confidential information about a former client has been cleared of wrongdoing by a disciplinary tribunal.

Junior lawyers have lost confidence in the Solicitors Regulation Authority’s approach to dealing with inexperienced solicitors who have mental health issues or worked in toxic environments.

A solicitor convicted of illegally subletting his council flat knew “right from wrong” despite ill health and personal problems, the Solicitors Disciplinary Tribunal has found.

Four partners in a Welsh law firm have been fined for sitting on 979 residual balances, totalling over £468,000, for “lengthy periods of time” and where there had been no activity for six months.

A paralegal who was working at the Solicitors Regulation Authority has been banned from the profession after being jailed for online sexual offences involving children.

A former junior solicitor who was struck off after lying about losing documents she was working on while acting for the Solicitors Regulation Authority, is appealing against the decision.