Compliance & Regulation

The cost of practising as a solicitor is to fall by 6.7% in the coming year, although it may have to rise in future once the Law Society sets a new reserves policy.

The director of a law firm who admitted taking money from two different litigation funders for the same cases in an attempt to keep it operating “at all costs” has been struck off.

The solicitor for the family of Shamima Begum was at the centre of a social media storm yesterday over a tweet about the Taliban’s resurgence in Afghanistan.

Lawyers compelled by the CPR or court order to reveal the contents or existence of suspicious activity reports must contact the National Crime Agency at the “first opportunity”, the Home Office has said.

Two of the smaller legal regulators are having to self-finance their compensation funds after their insurer stopped providing cover, reducing the potential payouts as a result.

A senior solicitor convicted more than six years ago of raping a teenager is finally facing the Solicitors Disciplinary Tribunal, it emerged yesterday.

The Law Society is to issue guidance on last month’s Supreme Court ruling on solicitors’ undertakings, which a legal regulation expert said has left conveyancers “very much in a mire”.

Chartered accountants handling probate work are to face compulsory rules on publishing price and service information after their regulator admitted a voluntary approach had not worked.

A trainee solicitor and a legal cashier have each been banned from working for law firms after being found to have taken money from their respective firms.

The High Court has rejected an appeal by a solicitor struck off after he “turned a blind eye” to the warning signs of fraud in an early release pension scam.