Compliance & Regulation
Size and amount of property work “main drivers” of PII premiums
Smaller law firms and practices that mainly operate in conveyancing pay twice the level of professional indemnity insurance premium of others, new research has shown.
Four years on, BSB starts paying for Legal Choices again
The Bar Standards Board has decided to restart paying its share to the cost of the consumer-facing website run by all the legal regulators, four years after pulling out.
Vineall urges Bar to lead innovation and keep external investors at bay
Barristers need to lead innovation at the Bar if they want to avoid sharing the fruits of their labours with external investors, the Bar Council chair said last night.
Solicitor who changed date of legal charge is struck off
A solicitor who changed the date on a legal charge having missed the deadline for registration at Companies House has been struck off by the Solicitors Disciplinary Tribunal.
SDT fines senior solicitor £25,000 for sexual assault convictions
A senior solicitor convicted of sexually assaulting two women in his local pub has been fined £25,000 by the Solicitors Disciplinary Tribunal.
Firms risk SDT as they fail to act on new workplace conduct rules
Law firms are struggling to understand the Solicitors Regulation Authority’s workplace environment rules introduced earlier this year, a leading regulatory solicitor has warned.
Government pulls back on single regulator for insolvency practitioners
The government has rowed back on a proposal to introduce a single regulator for insolvency practitioners but will take statutory power to do it in future if needed.
From offensive emails to misusing client money – solicitor struck off
A solicitor whose misconduct “spiralled” from maladministration to using client money to pay personal expenses, and included calling a client a “spastick”, has been struck off.
SRA approves transfer of law firm owned by AIM-listed company
The Solicitors Regulation Authority has approved new owners for an alternative business structure set up by an AIM-listed personal pension provider.
Legal regulators and representatives join government SLAPPs taskforce
Legal regulators and representative bodies were yesterday named as members of a new government taskforce aiming to clamp down on SLAPPs.
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.
