Compliance & Regulation


BSB keeps its powder dry over Post Office barristers

25 January 2024

The Bar Standards Board has yet to see evidence from the Post Office inquiry that requires it to take urgent action against any barrister, it has told Legal Futures.


Axiom Ince review to investigate regulation of ‘accumulator firms’

25 January 2024

The Legal Services Board review of the collapse of Axiom Ince will include not just the role of the Solicitors Regulation Authority but also its approach to law firm consolidators.


SRA hands out another hefty fine for drink-drive conviction

24 January 2024

The Solicitors Regulation Authority has imposed another hefty fine on a solicitor convicted of drink driving as the impact of its new approach to fines hits home.


Deferring point of call will damage diversity and inns, says top KC

23 January 2024

Delaying the point at which barristers are called to the Bar until after obtaining pupillage risks reducing the diversity and strength of the profession, a former Bar Council chair has argued.


LSB to identify gaps in regulation that allow unethical conduct

23 January 2024

The Legal Services Board is to begin work on identifying the gaps in regulation that have allowed unethical or unprofessional conduct to emerge.


Solicitor fined £9,000 for improper client account transfers

23 January 2024

A solicitor who allowed made improper transfers from client account to his firm’s office account has been fined £9,000 by the Solicitors Regulation Authority.


LSB rejects call to make Axiom Ince review independent

22 January 2024

The Legal Services Board has firmly rejected a call from five local law societies to make its review of the Axiom Ince scandal independent.


Solicitor jailed for jury misconduct suspended for eight years

22 January 2024

A solicitor jailed for undertaking her own research while serving on a jury has been suspended from practice for eight years, until her ban from sitting on juries ends.


Green light for CILEX lawyers to gain higher rights of audience

22 January 2024

Experienced CILEX advocates will be able to apply for higher rights of audience in civil and criminal work soon after the Legal Services Board approved the move.


LSB warns regulators to meet deadline on new transparency rules

19 January 2024

The Legal Services Board has warned the frontline regulators that it will take action if they do not deliver new measures to improve transparency around lawyers’ services by September.

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Blog


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Client accounts: Opportunity, obligation and the risks in between

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