Compliance & Regulation
Solicitor fined for failing to pay thousands in counsel’s fees
A solicitor who has failed to pay thousands of pounds in outstanding fees to counsel has been fined by the SRA, with others fined for accounts and transparency rules breaches.
Paralegal jailed for stealing £438k from law firm to feed gambling habit
A former paralegal at national law firm BLM has been jailed for three years and three months after pleading guilty to stealing £438,000 from the firm to feed his gambling habit.
MPs and peers urge bigger fines for lawyers who break AML rules
MPs and peers have called for “a radical overhaul” of anti-money laundering supervision, with regulators of lawyers urged to issue wrongdoers with “bigger, more public” fines.
Plan to reduce time limit for complaints to LeO “goes too far”
A proposal by the Legal Ombudsman to cut the time limit for consumers to bring a complaint from six years to one “goes too far”, the Bar Standards Board has argued.
Solicitor who caused 25 claims on compensation fund struck off
The Solicitors Disciplinary Tribunal has struck off a solicitor whose conduct has led to 25 claims on the SRA Compensation Fund totalling £750,000 from conveyancing clients.
Law firms selling funeral plans “may need FCA regulation”
Law firms selling pre-paid funeral plans as intermediaries may need to be regulated by the Financial Conduct Authority, the Solicitors Regulation Authority has warned.
SRA disciplinary decisions could stay in public domain for longer
Details of disciplinary and other regulatory action taken by the Solicitors Regulation Authority could be published for longer than the current three years to combat misinformation online.
Listed compliance company targets law firms with acquisition
Listed company Marlowe has made Compliance Office – a business that advises law firms on compliance with Solicitors Regulation Authority rules – the latest addition to its fast-growing legal arm.
Judge tells regulators to use summary processes against vexatious litigants
Legal regulators need to have summary processes in place to deal with vexatious litigants who use their procedures to continue a “proxy war” against lawyers, a High Court judge has said.
Solicitor struck off for sexually assaulting friend’s wife
A solicitor has been struck off for sexually assaulting the wife of a “long-term friend” as she slept, after drinking downstairs with her husband who fell asleep.
Blog
Business fatigue to AI will risk job security
Whilst we know professional learning has always been part of career paths, to hire, retain and keep talent, AI needs to be embedded as a core part of this training.
On good authority? GenAI and the reputational risks to law firms
As GenAI’s influence grows, so do the risks which are already playing out in courtrooms across England and Wales, where some early adopters are setting precedents they would rather not.
Why this is the year for law firms to embrace generative AI
After more than a year of pilots, proofs of value and early experimentation, firms are increasingly embedding AI into day-to-day workflows.
