Compliance & Regulation


Law firm’s PII covers claim to return £7.5m fee, Court of Appeal rules

5 September 2023

A claim seeking the return of a £7.5m success fee earned by a law firm for its role in a giant transaction is covered by its professional indemnity insurance, the Court of Appeal has ruled.


Bar Council to meet Can’t Buy My Silence over NDAs

5 September 2023

The Bar Council is to meet non-disclosure agreement pressure group Can’t Buy My Silence in the wake of its criticism of the barrister body’s stance.


Four in ten crime solicitor-advocates “lack proper learning plans”

5 September 2023

Nearly half of criminal law solicitors-advocates lack proper learning and development plans, research by the Solicitors Regulation Authority has indicated.


“Power kick” solicitor struck off for fake employee fraud

5 September 2023

A solicitor who used her positions as head of corporate services at a council and chair of trustees at a cancer charity to defraud both of them by paying money to a fake employee has been struck off.


Exclusive: Weinstein whistleblower attacks Bar Council over NDAs stance

4 September 2023

The woman who first broke a Harvey Weinstein non-disclosure agreement has strongly criticised the Bar Council for dismissing the growing evidence of NDA abuse.


Solicitor “pressured by boss” to breach accounts rules

4 September 2023

A solicitor was pressured by his boss to give another law firm buying property searches procured for a previous buyer his personal bank account details for the £100 it was paying.


Legal regulators “must collaborate to help consumers”

4 September 2023

There is “clear scope” for the legal regulators to “pool their resources and work together” on research and policy relating to consumers, a report has found.


Legal services T-Levels to be taught for first time this month

1 September 2023

The first teenagers to take the legal services T-Level, a new vocational alternative to A-Levels, are to start courses this month at half a dozen schools and colleges.


BSB takes action over worst-performing Bar training course

1 September 2023

Would-be students on last year’s worst performing Bar training course cannot start it this month after the Bar Standards Board intervened.


SRA told to pay solicitor £75k in costs for failed prosecution

31 August 2023

The Solicitors Regulation Authority has been slapped with a £75,000 costs order after making an “essential mistake of law” in a failed prosecution of a solicitor.

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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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