Compliance & Regulation
Solicitor who lied in meeting “was protecting client”
A solicitor who knowingly lied in a meeting has escaped being struck off because a tribunal accepted that he did so to protect his client.
Largest law firms continue to lag behind in partnership diversity
The country’s largest law firms continue to lag behind the rest of the profession in promoting women and ethnic minority solicitors to partner, authoritative new figures have shown.
ILCA scheme “should take all interest” on pooled client accounts
The government’s proposed Interest on Lawyers’ Client Accounts scheme will be “an international outlier” if it takes only 75% of the interest from pooled accounts.
LSB member resigns to speak out over attack on jury trial
A member of the Legal Services Board has resigned so that she can speak out against the government’s proposals to curb jury trials.
Barrister’s claim against Neidle ruled first statutory SLAPP
A barrister’s £8m libel and malicious falsehood claim against high-profile tax lawyer Dan Neidle was yesterday found a statutory SLAPP, the first time a court has made such a declaration.
“We have a duty” – solicitor calls on profession to help PM Law’s clients
A solicitor helping former litigation clients of PM Law has called on others to take on cases – and for defendant solicitors not to take advantage of the situation.
SRA: “Significant progress” on Post Office disciplinary action
The Solicitors Regulation Authority has made “significant progress” with its investigations into the Post Office scandal – but still cannot say when disciplinary action may start.
MPs grill Legal Ombudsman chair-elect with new LSB chair to follow
The failure of law firms to give a final response to complaints about service is one of the big challenges for the Legal Ombudsman, according to its chair-elect, while the LSB is set for a new chair.
Consumer panel calls for single disciplinary process for lawyers
The Legal Services Consumer Panel has called for a single disciplinary process and compensation scheme as part of a major modernisation of legal regulation.
Implementing ILCA scheme as proposed “may be unlawful”
The government’s plans for an Interest on Lawyers’ Client Accounts scheme are so poorly thought-through that implementing it might not be lawful, City solicitors have warned.
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.
