Compliance & Regulation
Judge rejects firm’s bid to increase bill after LeO agreement
A law firm which reduced its fees in an informal resolution of a client’s complaint brokered by the Legal Ombudsman could not later submit a higher revised bill.
New titles and regulator for CILEX lawyers “will confuse consumers”
The Solicitors Regulation Authority taking over the regulation of chartered legal executives risks confusing consumers, the Law Society has argued.
Solicitor who took £400,000 from estates is struck off
A solicitor who misappropriated £200,000 from the estates of clients and overcharged them by almost £200,000, has been struck off by the Solicitors Disciplinary Tribunal.
Rebuke for firm that acted on both sides without client consent
A law firm that acted on both sides of a conveyancing transaction without obtaining consent from the buyer has been rebuked by the Solicitors Regulation Authority.
Lawyers “should pay £150 levy to fund social welfare law”
Lawyers should pay a levy of £150 each through their practising fees to fund social welfare law, and there should also be a £30 levy on county court cases, an event heard yesterday.
Law Society warns SRA to tread carefully over compensation fund cash
The Law Society has warned the Solicitors Regulation Authority not to ask the profession to stump up millions to boost its compensation fund without consulting first.
CILEX regulator rejects “deskilled” advocacy warning over higher rights
The regulator of chartered legal executives has rejected warnings from barristers of a “deskilled” advocacy profession with a “third and lower tier”, if it goes ahead with granting higher rights of audience.
Barristers “need guidance from chambers on sanctions compliance”
Chambers need to have “mechanisms and guidance in place” to ensure their barristers are complying with UK sanctions, the Bar Standards Board has said.
LeO seeks £1.2m budget increase as complaints numbers rise
The Legal Ombudsman has proposed a 7% increase, or £1.2m, in its budget to nearly £18m next year, with delays at the complaints-handling body set to continue for longer than anticipated.
Sex offender given access to child’s data by law firm found in contempt
A convicted sex offender accidentally given access by a leading law firm to a vulnerable child’s confidential information has been found guilty of contempt for not complying with court orders to delete it.
Blog
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
