Compliance & Regulation
Axiom to enter regulation after obtaining ABS licence
Leading alternative legal services provider Axiom Law is entering regulation in England and Wales after winning approval for an alternative business structure.
Parliament ratchets up pressure on SRA and solicitors
Solicitors and their regulator have found themselves in the crosshairs of MPs and peers this week over strategic lawsuits against public participation and economic crime.
BSB to commission independent review of enforcement processes
The Bar Standards Board is to commission an “independent end-to-end” review of its enforcement processes in a bid to improve its much-criticised performance.
Rebuke for solicitor caught on camera making “lewd gesture”
A solicitor who was caught on camera making a “lewd gesture” at a colleague at the firm’s Christmas party has been rebuked by the Solicitors Regulation Authority.
LSB considers ban on NDAs unless employee asks for one
Lawyers could be banned from drafting NDAs in cases of sexual harassment, discrimination or whistleblowing unless the member of staff involved has asked for one.
Number of SRA investigations into SLAPPs continues to rise
The number of law firms being investigated for possible misconduct relating to SLAPPs has doubled since the summer to 40, the chief executive of the SRA revealed yesterday.
Increase in suspicious activity reports made by lawyers
The number of suspicious activity reports made by lawyers rose last year but continues to represent just a tiny fraction of reports received by the National Crime Agency.
CMCs still pushing out “misleading and unfair” advertising
Claims management companies are still producing “misleading, unclear and unfair advertising”, the Financial Conduct Authority has said.
Unrepentant barrister disbarred for breaking Supreme Court embargo
The barrister found in contempt of court by the Supreme Court after he released its embargoed ruling on the planned third runway for Heathrow airport has now been disbarred.
And then there were two – SRA shuts another Metamorph firm
The Solicitors Regulation Authority last week closed down yet another firm in the Metamorph Law Group, leaving just two still operating.
Blog
AI can interrogate your contracts – but are they ready for questioning?
Suppose a law firm wants to review a client’s entire real estate portfolio for risk in the leases. Not long ago, that meant a multi-week project. Today, first-pass answer can arrive in minutes.
Why onboarding has become a strategic priority for law firms
One of the most influential stages of the client journey – client onboarding – often receives less strategic attention than it deserves.
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.
Reports
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