Compliance & Regulation
Solicitor took money in “fraudulent breach of trust”
A solicitor has been ordered to pay hundreds of thousands of pounds after the High Court made findings of fraud and fraudulent breach of trust against him.
Law firms fined £600,000 for AML breaches
The Solicitors Regulation Authority has fined 59 law firms a total of £600,000 in the past six months for breaching basic anti-money laundering rules.
CLC warns of “regulatory blind spots” on referral fees
The Council for Licensed Conveyancers has warned of the risk of “regulatory blind spots” after a review of referral fees revealed shortcomings in firms documenting arrangements.
SRA presses on with separating management and compliance roles
The SRA is going ahead with rule changes to separate law firm managers who can “unilaterally” make decisions from compliance officer roles in all but the smallest firms.
SRA ordered to pay solicitor costs after failed dishonesty allegation
The Solicitors Disciplinary Tribunal has reprimanded a duty solicitor for backdating documents – but ordered the SRA to pay him costs after he was cleared of dishonesty.
Exclusive: SRA to appeal suspended suspension for “bullying” solicitor
The Solicitors Regulation Authority is to appeal the decision to give only a suspended suspension to a law firm owner who bullied and harassed five junior members of staff.
CLC practices offer good but busy workplaces, research finds
There are good levels of job satisfaction across the conveyancing and probate communities regulated by the Council for Licensed Conveyancers – but workloads are high.
Solicitor fabricated disclosure letter “to save job”
A solicitor who fabricated and backdated a disclosure letter to make it appear that he had complied with a court deadline has been struck off.
Senior lawyer made “unwanted advances” to junior staff at firm event
A senior male lawyer made unwanted and inappropriate remarks and advances to five junior female staff at a work event and post-event drinks, the Solicitors Disciplinary Tribunal has found.
Legal Services Act can be vehicle for reform of regulation, says LSB
Calls to reform the Legal Services Act 2007 overlook the many unused provisions in it that could facilitate major changes in regulation, the chief executive of the Legal Services Board has said.
Blog
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.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Reports
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