Compliance & Regulation
High Court rejects solicitor’s appeal against disciplinary findings
A solicitor described by the Solicitors Disciplinary Tribunal as having acted in a seriously inept manner has failed in his appeal against an £8,000 fine to the High Court.
Solicitor used disbursements cash to prop up ailing PI firm
A solicitor whose firm was badly hit by turbulence in the personal injury market – as well as a failed attempt to diversify into cavity wall litigation – used cash meant for disbursements to keep his firm afloat.
Bar Council: Comparison websites “utterly inappropriate for barristers”
The use of online comparison websites for barristers is “utterly inappropriate”, the Bar Council has said, while describing the Legal Services Board’s work on NDAs “absurd”.
High Court rejects “pugnacious” ex-solicitor’s strike-off appeal
A solicitor struck off for making false and misleading statements on applications for professional indemnity insurance has failed in her appeal to the High Court.
BSB leaves door open to reaccreditation of barristers
The Bar Standards Board has said it is open to “revisiting” its position that a reaccreditation scheme to ensure the competence of barristers is unnecessary.
SRA to keep many disciplinary decisions online for longer
Details of many disciplinary and other regulatory actions taken by the Solicitors Regulation Authority will be published for longer than they are now, the regulator has decided.
Solicitor used friend’s identity to obtain prescription drugs
A solicitor who was convicted of fraud after impersonating a friend to obtain prescriptions for painkillers and sleeping pills has agreed to leave the profession.
SRA finalises rules for successor to Solicitors Indemnity Fund
The board of the SRA has agreed the final version of the rules for its in-house successor to the Solicitors Indemnity Fund, which is due to begin work on 1 October this year.
Slips and SLAPPs – SRA review finds good level of compliance
There is an increasing trend of firms threatening to report their opponents to the Solicitors Regulation Authority as a litigation tactic, solicitors have told the regulator.
Solicitor ghosted client and SRA after receiving divorce settlement
A solicitor who failed to pass on to a client the £132,000 due to her from her divorce settlement – money the profession has now had to stump up – has been struck off.
Blog
Beyond PCP: Can regulators and lawyers work better together next time?
Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.
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.
