Compliance & Regulation


BSB chief: Many practices at the Bar have “outlived their usefulness”

4 July 2023

There are many working practices at the Bar “which may have outlived their usefulness and no longer work in the interests of consumers”, the director general of the Bar Standards Board said yesterday.


Being a higher court judge is “saleable” post-retirement

3 July 2023

Being a higher court judge is “saleable”, with post-judicial work “as significant a perk for many as the knight/damehood”, a former circuit judge has claimed.


Ban on providing legal advisory services to Russians comes into force

30 June 2023

A ban on UK lawyers providing ‘legal advisory services’ to Russians comes into force today, while a review has found good level of sanctions compliance among commercial barristers.


High Court boost for costs lawyers as new way to qualify goes live

30 June 2023

The first course offering the new way to qualify as a costs lawyer has begun admitting students in the wake of comments from a High Court master praising the contribution of costs lawyers.


Large North-West conveyancing practice to close doors on Friday

29 June 2023

A large conveyancing firm in the North-West is to close its doors on Friday, with its two directors taking some staff to join the practice owned by listed company Smoove.


Retired judges “should be regulated” if they return to practice

29 June 2023

Retired judges who engage in legal work after their retirement, whether advocacy or litigation, should be regulated by the BSB or SRA, academics have argued.


Part of 13-firm Law Direct group saved in pre-pack sale

29 June 2023

North London law firm Alexander & Partners has bought parts of the Law Direct group of 13 law firms in a pre-pack following its administration.


SRA’s unlimited fining power will apply to SLAPPs, minister confirms

29 June 2023

A new power for the Solicitors Regulation Authority to levy unlimited fines in cases of economic crime will extend to SLAPPs, the government has confirmed.


SRA squandered “incredible potential” of ABSs, says Burford boss

28 June 2023

The boss of the world’s largest litigation funder has accused the Solicitors Regulation Authority of squandering the opportunities offered by alternative business structures.


Law firms “must publish” fees for family and employment work

27 June 2023

Law firms should have to publish their fees for family and employment work beyond unfair dismissal claims, Legal Services Consumer Panel has told the SRA.

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Blog


Five golden links for a caring Christmas and New Year

This time of year always sharpens thoughts about how we look after and support elderly clients and those, elderly or otherwise, who find themselves in vulnerable circumstances.


Amplifying reach through employee-driven thought leadership

Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.


Divorce escrow: asset sales before final settlement

When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.


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