Compliance & Regulation


MPs’ watchdog takes on barristers too as new BSB chair

5 August 2022

Kathryn Stone is to add overseeing the conduct of barristers to her current role as MPs’ watchdog after she was appointed chair of the Bar Standards Board.


SRA eyes in-house alternative to Solicitors Indemnity Fund after u-turn

4 August 2022

The Solicitors Regulation Authority has said it believes “a new consumer protection arrangement within the SRA” was likely to be more cost-effective than retaining the Solicitors Indemnity Fund.


Solicitor found in criminal contempt for “act of colossal stupidity”

4 August 2022

A senior City partner who told a client to “burn” a private messaging app after it was served with a search order has been found guilty of criminal contempt of court.


SRA to reinstate annual fee for 60,000 non-practising solicitors

4 August 2022

The Solicitors Regulation Authority is to go ahead with plans to reintroduce next April an annual application fee of up to £40 for non-practising solicitors who want to stay on the roll.


Judge throws out “career-ending” contempt claim against solicitor

3 August 2022

A High Court judge has rejected a potentially “career-ending” contempt application against a solicitor, describing it as “wholly frivolous” and totally without merit.


“Duped” solicitor fails in challenge to strike-off

2 August 2022

A solicitor “duped” into paying over £1.2m in sale proceeds to third parties in what turned out to be property frauds has failed in his appeal against being struck off.


Solicitors could be jailed for new property register failures

2 August 2022

Solicitors could be jailed or fined for failures in the way they verify entries on the register of overseas entities, which went live yesterday.


Barrister compliance with transparency rules increases sharply

29 July 2022

The Bar has improved its compliance with the rules on transparency and more consumers are shopping around for potential providers, Bar Standards Board research has found.


SDT rejects restoration plea 21 years after strike off

29 July 2022

The Solicitors Disciplinary Tribunal has refused to allow an immigration solicitor to be restored to the roll 21 years after he was struck off for accounts rule breaches.


SRA agrees to keep Solicitors Indemnity Fund alive with £6m undertaking

28 July 2022

The Solicitors Regulation Authority has agreed to a request from the Solicitors Indemnity Fund to underwrite its potential liabilities in continuing to operate by providing a £6m undertaking.

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Blog


The new metrics for success in conveyancing

While technology has made much of the conveyancing process faster, there remains a practical limit to how many matters anyone can manage while still keeping standards intact.


The UK legal market is polarising – and the middle is disappearing

Consolidation and the boutique boom are not contradictory. They are the same market stretching apart at both ends – and it changes what your firm is worth, and to whom.


Conveyancing’s consistency problem is about pressure, not skills

When I qualified, a conveyancer had perhaps 10 or 12 plates to keep spinning. Today’s conveyancers have 20 or 30, and almost none of the room for error I had starting out.


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