Compliance & Regulation
Exclusive: Ex-SSB clients settle claims against firm’s insurer
Around 130 former clients of SSB Law have settled their negligence claims against the collapsed law firm’s insurer, their solicitor has revealed.
Fine for solicitor who failed to act on client’s vulnerabilities
An experienced solicitor who failed to take action after medical reports showed his client had not been fit to plead guilty to 19 criminal charges has been fined £3,800.
Don’t make us responsible for submitting reports, accountants tell SRA
Responsibility for submitting law firms’ accountant’s reports should not be switched to the accountants, a leading representative body has told the SRA.
Court of Appeal refuses bid by jailed barrister to call new evidence
A barrister has failed in a bid to overturn his conviction for defrauding the Legal Aid Agency by falsely claiming defence legal costs.
Suspension for solicitor who ran firm without authorisation
A solicitor who practised as a sole practitioner for over three years without authorisation after her partner left has been suspended for nine months.
Ethical working cultures “vital” for law firms, indemnity insurer says
An “ethical and supportive working culture” has become “not just beneficial, but vital” to the future of law firms, a leading professional indemnity insurer has said.
Solicitor struck off for misleading judge about location
A solicitor who “wasted valuable court time” by telling a recorder that he was in London when he was actually in Munich has been struck off.
Client account interest scheme “could create meaningful change”
An Interest on Lawyers’ Client Accounts scheme “could create meaningful change” by delivering a justice system that works for more people.
Training of lawyers “not good enough”, MPs told
The training of lawyers in England and Wales, both at law schools and through CPD, “is not good enough” and could be improved by regulation, a leading legal academic has told MPs.
Non-AI technology-only law firm authorised by SRA
A technology-only law firm built around a “fully deterministic legal model” has been authorised by the Solicitors Regulation Authority, the first of its kind.
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.
