Compliance & Regulation

The boss of the world’s largest litigation funder has accused the Solicitors Regulation Authority of squandering the opportunities offered by alternative business structures.

Law firms should have to publish their fees for family and employment work beyond unfair dismissal claims, Legal Services Consumer Panel has told the SRA.

A solicitor who lied to various clients about the progress of their matters caused so many claims against his firm that it had to close because of rising indemnity insurance premiums.

Amendments to the Standards & Regulations will not stop law firms invoicing clients in advance and transferring the money into their office accounts, the SRA has said.

Two solicitors who paid their wives to clean a vault under the terms of a trust they oversaw preferred their interests over those of the trust and its beneficiary, the SDT has found.

The Solicitors Regulation Authority last week intervened in a group consisting of eight law firms after the primary business went into administration, as well as another group with four firms.

A group of eight major law firms have pledged to “understand the impact” of their advice on climate change and raised the possibility of not acting in matters that increase global warming.

Nation states and hacktivists are cyber threats to law firms in addition to criminals, the government’s National Cyber Security Centre as warned.

Bias among those who make complaints and the types of firms BAME solicitors work for might explain why they are overrepresented in disciplinary activity, researchers have suggested.

A solicitor who misled his client about the progress of her employment claim and then sent the Solicitors Regulation Authority fabricated documents to back up his position has been struck off.