Compliance & Regulation
Taskforce to investigate ethics of City law firms acting for oligarchs
A heavy hitting group of City lawyers and anti-corruption experts is to examine the ethics of solicitors providing civil legal services to overseas oligarchs and kleptocrats.
“We could yet intervene in Axiom Ince,” SRA boss says
The Solicitors Regulation Authority may yet intervene in Axiom Ince, the law firm that now seems on the brink of collapse, it confirmed yesterday.
SRA steps up pressure on immigration firms with new warning notice
The SRA has today ratcheted up the pressure on immigration firms, with a warning notice reminding them not to be “complicit in providing false or fabricated” information.
Fee-earner who favoured one client over another fails to lift ban
A non-solicitor fee-earner banned from working for law firms after favouring the interests of a woman who suffered from Alzheimer’s over her mentally ill husband has failed to overturn it.
Jail for lottery scam ex-solicitor who stole £2m of client money
A solicitor struck off for plundering £2m from his firm’s client accounts as well as trusts after falling victim to a lottery scam has been jailed for four years.
Solicitor to face SDT over “misleading” Covid threats to schools and GPs
A solicitor accused of sending misleading threats to schools and GP surgeries over Covid vaccinations for children is to face the Solicitors Disciplinary Tribunal.
SRA: Firms must be held accountable for progress on diversity
Law firms need to be held accountable over efforts to improve the profession’s equality, diversity and inclusion, the chief executive of the SRA said yesterday.
Using the right tech “should be a competence requirement”
Being able to apply the right technology tool to service clients should become a competence requirement for lawyers, the former head of LawtechUK has suggested.
“Manifestly incompetent” solicitor did not tell SRA when firm went bust
A solicitor who admitted “manifest incompetence” and that he was “a poor manager”, failing to disclose that his firm was in financial difficulty, has been suspended for 18 months.
Axiom Ince “has enough assets” to meet claims for missing millions
Axiom Ince should have sufficient assets to meet the claims for the millions in missing money, a lawyer for its global chief executive has said.
Blog
Why onboarding has become a strategic priority for law firms
One of the most influential stages of the client journey – client onboarding – often receives less strategic attention than it deserves.
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.
Reports
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