Compliance & Regulation
High-profile ABS owner cleared of wrongdoing over payments
The man who founded now-defunct Stobart Barristers and then bought two well-known criminal law firms, has been cleared of any wrongdoing around his business’s insolvency.
SDT makes order against Spanish lawyer after jurisdiction challenge
A former Spanish partner of City firm Ashurst has failed in a challenge to the Solicitors Disciplinary Tribunal’s jurisdiction in assessing his inappropriate conduct towards two female colleagues.
SDT clears newly qualified solicitor in “chaotic” firm
The Solicitors Disciplinary Tribunal has dismissed all allegations against a newly qualified solicitor working in “a chaotic operational and management structure”.
Women barristers “disproportionately affected” by new complaints rule
Women will be “disproportionately adversely affected” by plans to introduce mandatory reporting by barristers of any complaints barristers receive, the Bar Council has warned.
Property owned by ex-wife of convicted solicitor sold
The SFO has secured £1.1m from the sale of a house following the first unexplained wealth order, issued against the ex-wife of the solicitor behind the Axiom Legal Financing Fund fraud.
Suspension for managing partner who fabricated client-care letter
A managing partner who fabricated a client-care letter and backdated it has been suspended for 12 months, after an allegation of dishonesty was dropped.
“Too many examples of judicial bullying,” says Lady Chief Justice
The Lady Chief Justice has acknowledged that a minority of judges fail to behave with the professionalism and courtesy expected of them.
Harman urges drastic action to end Bar’s “culture of impunity”
“Decisive and radical change” is needed at the Bar and the bench to reset a “culture of impunity” that allows those at the top to bully or harass others, the Harman review has concluded.
Solicitor suspended over trivial but dishonest email change
A solicitor who dishonestly made a minor amendment to an email when he forwarded it to a client – causing no harm to them or anyone else – has been suspended for a year.
Law Society plan for 10-fold rise in SGM threshold “shocking”
The group that last year requisitioned a special general meeting of the Law Society has described plans to make it much harder to do so in future as “shocking”.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
