Compliance & Regulation
“Panicked” solicitor who backdated document struck off
A solicitor who backdated a document and sent a misleading email to a client has been struck off, despite evidence he was experiencing significant mental health difficulties at the time.
BSB seeks power to appeal decision of health panels
The Bar Standards Board is to take a right of appeal against decisions of its health panels, which is currently restricted to the affected barrister.
LSB puts SRA under pressure amid fears of more law firm collapses
The Legal Services Board is to bear down on the Solicitors Regulation Authority amid concern that more collapses could follow the likes of Axiom Ince and PM Law.
FCA review to turns up heat on law firms and CMCs over claims work
The Financial Conduct Authority is stepping up pressure on claims management companies and law firms by launching a review of the claims management market.
Partner struck off for ‘witnessing’ unsigned leases
A partner who witnessed two leases as having been signed in his presence when they had not has been struck off by the Solicitors Disciplinary Tribunal.
Barrister accidentally sent “life-threatening information” to journalist
A barrister who accidentally sent confidential information about an immigration client to a journalist without his permission has been fined £10,000.
Dual FCA and SRA-regulated business goes into administration
A wealth management firm that a decade ago became one of the first to adopt dual regulation by the SRA and FCA has gone into administration after its key lawyer left.
Exclusive: AI-powered US firm targets UK after $60m fund-raise
A US company that last week announced a $60m Series A fund-raise is set to bring the model of a law firm backed by its AI system to England and Wales, Legal Futures can reveal.
Solicitor’s failure to redeem charges “a warning to profession”
The case of a solicitor who wrongly thought charges on a property had been removed is “a warning that even experienced professionals could make serious errors in judgment under extreme stress”.
Bar Council faces discrimination claim over Black interns scheme
The Bar Council is facing a discrimination claim over its 10,000 Black Interns programme by a white woman who says her application was rejected because of her race.
Blog
Lessons from Sir Keir Starmer for SRA chief
The proposed 29%, or £25m, increase in the Solicitors Regulation Authority’s budget announced last week should really come as no great surprise.
The hidden risks in client account reconciliations
The client account reconciliation process will be second nature to most people in legal finance – and so is also a potential area for a problem to be undetected until it becomes serious.
Mentoring the next generation of litigation leaders
As a female lawyer, from the North, with a state school education, I understand the value of sharing perspectives, experiences and contacts.
