Compliance & Regulation
Economic crime levy “could impact law firm structures”
Some law firms may have to make structural changes to ameliorate the impact of the government’s economic crime levy, solicitors have warned.
Legal regulators slammed for “lacking expertise” on comparison data
Data already in the public domain cannot easily be adapted to help consumers choose a lawyer, mainly due to failings by legal regulators, according to research.
SDT releases Ecohouse documents to campaign group
The Transparency Task Force has been granted access to a limited number of documents used in Solicitors Disciplinary Tribunal hearings relating to a collapsed Brazilian property investment scheme.
Bar students need more pupillage data to avoid “buyer’s remorse”
Bar students should be given detailed information from chambers about their pupillage criteria to avoid suffering from “buyer’s remorse” when they realise how difficult it is to succeed.
SRA sends police money laundering reports linked to £180m of funds
The Solicitors Regulation Authority has almost quadrupled the number of suspicious activity reports it sends to the police about possible money laundering by law firms.
Unbundled family law service to expand as SRA eyes pilot
A pilot version of an unbundled family law service for litigants in person has enabled them to save 70% on legal fees and is to be expanded; meanwhile, the SRA is to run its own unbundling pilot.
High Court rejects appeal from sham marriages solicitor
The High Court has rejected an appeal from a solicitor struck off after being recorded by an undercover TV reporter giving advice on what he knew was a sham marriage.
London law firm launches novel association with Italian MDP
An English law firm and an Italian multi-disciplinary practice offering accounting, tax and unreserved legal services have formed a novel association to assist each other’s clients.
New ABS regulator grants first licence to lifetime planning business
CILEx Regulation has become the sixth body to license an alternative business structure after approving an application from lifetime planning and bereavement firm Trust Inheritance.
Students used by law firm for agency advocacy are ‘workers’
A Bar student who handled agency advocacy work through a law firm was a worker with certain rights and not self-employed, an employment tribunal has ruled.
Blog
Five golden links for a caring Christmas and New Year
This time of year always sharpens thoughts about how we look after and support elderly clients and those, elderly or otherwise, who find themselves in vulnerable circumstances.
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
