Compliance & Regulation


GCs call for role to be set out in corporate governance code

31 August 2023

A group of general counsel have called on the Financial Reporting Council to set out the role in the UK Corporate Governance Code and suggested how it could be done.


City lawyers: Russia sanctions on legal services have gone too far

30 August 2023

City lawyers have warned the government that the recent tightening of sanctions on lawyers providing legal advisory services to Russians has gone too far.


Barrister reprimanded for “unreasonable” conduct of immigration case

30 August 2023

A barrister made subject to a wasted costs order because of his conduct of an immigration judicial review has been reprimanded and fined by the Bar Standards Board.


ASA rules law firm’s flight delay claims adverts misleading

30 August 2023

The Advertising Standards Authority has upheld a Scottish airline’s complaints that a Manchester law firm’s adverts for flight delay claims were misleading.


Solicitor blames launching firm on eve of Covid for rule breaches

29 August 2023

A solicitor has blamed the difficulties of becoming a law firm owner for the first time shortly before the pandemic struck for his breaches of the accounts rules.


SRA evidence “not enough” to revive ex-managing partner’s ET claim

25 August 2023

An employment tribunal has refused to reconsider rulings that went against a former law firm managing partner despite new evidence that undermined a key finding about his honesty.


LSB set to beef up rules on how lawyers handle complaints

25 August 2023

Lawyers are facing beefed-up rules on dealing with complaints, and the prospect of how quickly they handle them being made public, under proposals published yesterday.


SDT grants anonymity to solicitor over drink-drive conviction

25 August 2023

The Solicitors Disciplinary Tribunal has taken the unusual step of anonymising the identity of a solicitor appearing before it after a drink-driving conviction.


Reprimand for barrister who showed “contempt for legal process”

24 August 2023

A barrister who made 10 meritless applications, including damages claims worth £4m against a council, and as a result was made subject to an extended civil restraint order, has been reprimanded.


BSB chief: We cannot stop review websites covering barristers

24 August 2023

The Bar Standards Board has warned that it cannot stop the growing interest in featuring barristers on online review and comparison websites, even if the profession wants it to.

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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.


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