Compliance & Regulation
New Zealand urged to embrace ABSs and independent regulation
A review of legal services in New Zealand has recommended the introduction of alternative business structures and an independent regulator.
Solicitor lost £230k of client money after falling for investment scam
A solicitor who lost £230,000 of a client’s money by moving it into her personal bank account and then investing in a scheme which turned out to be a scam has been struck off.
Bar courses still unaffordable, students tell regulator
Nearly four in five Bar students still regard their courses as unaffordable despite an average drop of £4,700 in fees, research for the Bar Standards Board has found.
New duty on licensed conveyancers to treat customers fairly
An explicit requirement on licensed conveyancers to treat customers fairly has been adopted by their regulator as part of a revised set of ethical standards.
Solicitor “grossly abused his position” to dupe investors
A solicitor sacked by national firm Blake Morgan during his probationary period “grossly abused his position” by duping two investors into handing over money on the basis he was still working there.
Partner secretly worked on deal with his firm on opposite side
An experienced partner who secretly worked on the purchase of a property where his firm was acting for the seller has been fined £32,000 for a lack of integrity.
Solicitor apprenticeships launched for part-qualified legal professionals
The first solicitor apprenticeship scheme has been launched which is specifically designed for paralegals part-way through qualifications with other legal bodies.
SDT in rare split decision over married solicitors’ employment of son
The Solicitors Disciplinary Tribunal has issued a rare majority decision over the misconduct of husband and wife solicitors in the employment of their son.
Law Society opposes SRA plan to ban firms being paid upfront
Solicitors Regulation Authority plans to stop law firms taking money for costs in advance of work being done could harm those working on fixed fees, the Law Society has warned.
SRA wins approval to destroy 765,000 files from shut-down firms
The High Court has given the Solicitors Regulation Authority permission to destroy immediately around 765,000 files it is storing after intervening in law firms in recent years.
Blog
On good authority? GenAI and the reputational risks to law firms
As GenAI’s influence grows, so do the risks which are already playing out in courtrooms across England and Wales, where some early adopters are setting precedents they would rather not.
Why this is the year for law firms to embrace generative AI
After more than a year of pilots, proofs of value and early experimentation, firms are increasingly embedding AI into day-to-day workflows.
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
