Compliance & Regulation


Four years on, BSB starts paying for Legal Choices again

15 September 2023

The Bar Standards Board has decided to restart paying its share to the cost of the consumer-facing website run by all the legal regulators, four years after pulling out.


Vineall urges Bar to lead innovation and keep external investors at bay

14 September 2023

Barristers need to lead innovation at the Bar if they want to avoid sharing the fruits of their labours with external investors, the Bar Council chair said last night.


Solicitor who changed date of legal charge is struck off

14 September 2023

A solicitor who changed the date on a legal charge having missed the deadline for registration at Companies House has been struck off by the Solicitors Disciplinary Tribunal.


SDT fines senior solicitor £25,000 for sexual assault convictions

13 September 2023

A senior solicitor convicted of sexually assaulting two women in his local pub has been fined £25,000 by the Solicitors Disciplinary Tribunal.


Firms risk SDT as they fail to act on new workplace conduct rules

13 September 2023

Law firms are struggling to understand the Solicitors Regulation Authority’s workplace environment rules introduced earlier this year, a leading regulatory solicitor has warned.


Government pulls back on single regulator for insolvency practitioners

13 September 2023

The government has rowed back on a proposal to introduce a single regulator for insolvency practitioners but will take statutory power to do it in future if needed.


From offensive emails to misusing client money – solicitor struck off

12 September 2023

A solicitor whose misconduct “spiralled” from maladministration to using client money to pay personal expenses, and included calling a client a “spastick”, has been struck off.


SRA approves transfer of law firm owned by AIM-listed company

12 September 2023

The Solicitors Regulation Authority has approved new owners for an alternative business structure set up by an AIM-listed personal pension provider.


Legal regulators and representatives join government SLAPPs taskforce

12 September 2023

Legal regulators and representative bodies were yesterday named as members of a new government taskforce aiming to clamp down on SLAPPs.


“Catalogue of mistakes” – STEP makes case for will-writing regulation

8 September 2023

Nearly half of consumers who have a will either wrote their own or obtained it through a cheap online service, with hardly any checking the credentials of the provider.

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Blog


Client account interest is not spare change

The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.


The formula for finance-enabled business development

Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.


Whistleblowing guidance for in-house lawyers – a call to arms

In-house lawyers are in a unique position to spot wrongdoing. But reporting it is not just potentially dangerous from a personal point of view.


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