Compliance & Regulation


SRA admits it has “a long way to go” on diversity

13 December 2023

The Solicitors Regulation Authority still has “a long way to go” on diversity, its chief executive has said – although its gender and ethnicity pay gaps are shrinking.


Exclusive: Axiom Ince director drops challenge to SRA intervention

12 December 2023

One of the three Axiom Ince directors whose individual practices were shut down by the SRA has dropped his High Court challenge to the decision, Legal Futures can reveal.


Law firm innovator takes practice forward as unregulated firm

11 December 2023

Law firm innovator Alice Stephenson has turned her business into an unregulated practice, citing problems with HM Revenue & Customs and the costs of running a regulated law firm.


Struck-off solicitor jailed for stealing £880,000 from clients

11 December 2023

A struck-off solicitor has been jailed for nearly six years for defrauding clients of £880,000, which he used to prop up his practice and pay off loans.


Bullying, harassment and discrimination a “systemic” problem for the Bar

8 December 2023

Bullying, harassment and discrimination at the Bar is a “systemic” problem, the Bar Council said yesterday, with 44% of barristers saying they have experienced or witnessed it in the past two years.


Lawyers and CMCs face fee to complain to Financial Ombudsman

8 December 2023

Lawyers and CMCs making complaints to the Financial Ombudsman Service on behalf of clients will be charged for doing so in future, under plans published this week.


Transferring Pakistan and Bangladesh advocates causing BSB headache

8 December 2023

The Bar Standards Board is setting up a taskforce to help it cope with a surge of lawyers from Pakistan and Bangladesh seeking to be called to the Bar in England and Wales.


Ban for ex-Eversheds manager over inappropriate touching

7 December 2023

A male former senior client development manager at Eversheds Sutherland who repeatedly grabbed a female colleague at an away day has been barred from the profession.


SRA faces independent review of approach to Axiom Ince

6 December 2023

The Legal Services Board is planning an unprecedented independent review of how the Solicitors Regulation Authority has handled the Axiom Ince scandal, MPs were told yesterday.


Rookie barrister reprimanded for lying about court applications

6 December 2023

An inexperienced barrister feared seeking the court’s approval to deduct success fees from damages in infant settlement cases but told his employers he had applied for them.

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Blog


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Why law firms are getting AI supervision wrong

The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.


Beyond the PII premium – rethinking risk

Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.


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