Compliance & Regulation


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.


SRA hands out fines nearing £50,000 for AML failures

19 January 2024

The Solicitors Regulation Authority has this week issued fines totalling nearly £50,000 to two law firms and a solicitor over various breaches of anti-money laundering rules.


Immigration solicitor’s complaints about Daily Mail sting rejected

19 January 2024

One of the immigration solicitors caught up in a Daily Mail sting last summer has failed in his complaint about it to the Independent Press Standards Organisation.


Lawyer rebuked for not checking ID of walk-in client

18 January 2024

A chartered legal executive who failed to check the identity of a walk-in client who said the firm had acted for him in the past has been rebuked by the Solicitors Regulation Authority.


CMA urged to act over lack of progress on lawyer quality indicators

17 January 2024

The Competition & Markets Authority has been urged to step in and accelerate the “painfully slow” progress legal regulators are making in developing quality indicators.


CA upholds ruling that solicitor did not condone partner’s £16m fraud

17 January 2024

The Court of Appeal has dismissed the latest bid by the insurer of London law firm Jirehouse – whose founder is in jail for fraud – to exclude liability for the multi-million-pound loss suffered by a client.


Solicitor fined £15,000 fine for AML due diligence failures

17 January 2024

A partner who failed to conduct proper client due diligence in property transactions that had signs of money laundering has been fined £15,000.

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Blog


The new metrics for success in conveyancing

While technology has made much of the conveyancing process faster, there remains a practical limit to how many matters anyone can manage while still keeping standards intact.


The UK legal market is polarising – and the middle is disappearing

Consolidation and the boutique boom are not contradictory. They are the same market stretching apart at both ends – and it changes what your firm is worth, and to whom.


Conveyancing’s consistency problem is about pressure, not skills

When I qualified, a conveyancer had perhaps 10 or 12 plates to keep spinning. Today’s conveyancers have 20 or 30, and almost none of the room for error I had starting out.


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