Compliance & Regulation
SRA approves cyber-losses clause despite insurer concerns
The Solicitors Regulation Authority is to add a clause on cyber-losses to the minimum terms and conditions of insurance despite concerns expressed by the insurance industry.
City giant to face trial over alleged conflicts of interest
City giant Hogan Lovells only achieved partial success in a bid for summary judgment over complaints that it had multiple conflicts of interest while acting for a Ukrainian tycoon.
Divorce fraud barrister fails in appeal against disbarment
A barrister who deliberately gave the court a wrong address in an effort to obtain a divorce fraudulently has lost his appeal against being disbarred.
LSB approves new regulator for accountant probate providers
The Legal Services Board has approved CILEx Regulation’s application to take over the regulation of probate work carried on by members of the Association of Chartered Certified Accountants.
Retired solicitor struck off for falsifying letter in bid to explain rule breach
A 75-year-old solicitor has been struck off after he provided a client with a banking facility for over 20 years and then faked a letter of retainer to cover himself.
SRA leads Agile Nations project to create global legal services market
The Solicitors Regulation Authority is leading a project called the Agile Nations Lawtech Innovation Network aimed at helping to create a global market for legal services.
SRA needs “radical rethink” to change disproportionate focus on BAME solicitors
The Solicitors Regulation Authority needs to rethink its approach radically to tackle the “grimly entrenched” problem of ethnic minority solicitors being over-represented in its enforcement work.
BSB signals tougher approach to transparency rules compliance
Approaching one in 10 chambers admit failing to comply with the Bar Standards Board’s service and price transparency rules, with the regulator now set to toughen up its approach to enforcement.
High Court orders solicitor to hand over firm’s files to SRA
The High Court has ordered a high-profile solicitor to surrender her firm’s files after the Solicitors Regulation Authority closed it down but she refused to co-operate.
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.
Blog
It’s time for law firms to ask tougher questions
For years, many law firms have treated ID verification as a box-ticking exercise. Run a liveness check, match a face to a document and move on. But that is no longer good enough.
Business fatigue to AI will risk job security
Whilst we know professional learning has always been part of career paths, to hire, retain and keep talent, AI needs to be embedded as a core part of this training.
On good authority? GenAI and the reputational risks to law firms
As GenAI’s influence grows, so do the risks which are already playing out in courtrooms across England and Wales, where some early adopters are setting precedents they would rather not.
