Compliance & Regulation


SRA should be able to fine much more than £25,000, LSB tells Raab

16 June 2022

The Solicitors Regulation Authority’s fining powers should go “considerably beyond” the proposed increase to £25,000, the Legal Services Board has told the Lord Chancellor.


Fine for male trainee who told female colleague: “I roofied your drink”

16 June 2022

A trainee solicitor who subjected two female colleagues to “harassing and abusive behaviour” at a work Christmas party – groping them and telling one he had “roofied” her drink – has been fined.


Sibling partners embrace employee ownership to maintain team spirit

15 June 2022

The sister and brother partners of an Essex law firm have rejected acquisition offers from larger firms and decided to transfer their shares to an employee ownership trust.


Accountancy body can finally exit legal services regulation

15 June 2022

The Legal Services Board has granted permission for the Association of Chartered Certified Accountants to formally pull out of probate regulation, having refused it in January.


Unregulated providers growing share of consumer and SME markets

14 June 2022

The unregulated sector may account for up to 9% of the total market for individuals’ legal needs and up to 39% for small businesses, Legal Services Board research has indicated.


Call to beef up rules on discrimination and harassment by barristers

14 June 2022

The rules against discrimination and harassment by barristers need to be strengthened by removing the requirement that the actions be unlawful, two QCs have argued.


Axiom Law enters regulation for first time with US ABS

13 June 2022

Leading alternative legal services provider Axiom Law has moved into regulated services for the first time after being granted an ABS licence in the US state of Arizona.


Judge calls for guidance on rights of unqualified agency advocates

10 June 2022

County court judges would benefit from “more authoritative guidance” from the higher courts on whether unqualified solicitor’s agents have rights of audience, a circuit judge has said.


Partner fined after charitable trusts used client account as bank

10 June 2022

A charity law specialist who allowed two charitable trusts to use his firm’s client account as a banking facility has been fined £2,000 by the Solicitors Regulation Authority.


Regulators must tackle “out-of-date” lawyers, LSB says

10 June 2022

Regulators must take action to ensure that lawyers are not operating with “out-of-date” skills or knowledge, the Legal Services Board has said.

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