Compliance & Regulation
Tribunal slaps Clyde & Co with £500k fine for AML failures
Leading City firm Clyde & Co has been fined £500,000 by the Solicitors Disciplinary Tribunal – equalling the highest amount ever – for money laundering offences.
SRA issues first fixed penalty fine for compliance officer rule breach
A law firm in the North-East has become the first to receive a fixed penalty fine for not updating the Solicitors Regulation Authority on information about a compliance officer.
CILEX: Members, consumers and employers back SRA switch
CILEX has reported strong support from members, employers and consumers for its plans to change regulator to the SRA and introduce new professional titles.
Legal Ombudsman urged to publish findings in full
The Legal Services Consumer Panel has put pressure on the Legal Ombudsman to move more quickly towards publishing its decisions in full.
Chambers “should not have to merge for regulatory reasons”
The new chair of the Bar Council has pushed back at the idea floated by the Bar Standards Board that chambers could merge to make regulatory compliance easier.
Solicitor who breached undertakings agrees to leave profession
A solicitor whose failure to comply with multiple undertaking he gave caused significant losses for investors in two property developments, has agreed to leave the profession.
SRA: No plans to act yet on Post Office scandal lawyers
The Solicitors Regulation Authority could take action against solicitors over misconduct in the Post Office scandal before the public inquiry ends but has yet to see evidence that requires it.
SRA forced to hire more staff to handle Axiom Ince claims
The Solicitors Regulation Authority is having to employ seven extra staff at a cost to the profession of £310,000 to help it cope with the number of compensation claims from clients of Axiom Ince.
£10k fine for employed solicitor who held herself out as sole practitioner
A solicitor at a City law firm who held herself out as a sole practitioner while helping a person bring county court proceedings has been fined £10,000.
Were lawyers complicit in Post Office’s corporate governance failures?
A solicitor who acted for three wrongly convicted sub-postmasters has questioned whether lawyers advising the Post Office’s board were more motivated by continuing the retainers.
Blog
How does the legal profession become neuroinclusive?
My learning journey as mum to an autistic son with profound additional needs completely changed the way in which I work as a child protection lawyer.
The real cure for inequality at law firms? Listening
How can men, as one male panellist put it, “get out of the way of people coming up through the ranks?”
Most of these conversations only happen after the men leave the room.
Andy Burnham and the Hillsborough Law: should solicitors be worried?
Now that Andy Burnham has become prime minister, the Public Office (Accountability) Bill, otherwise known as the Hillsborough Law, will receive a real boost of political capital.
