Compliance & Regulation


SRA leads Agile Nations project to create global legal services market

22 October 2021

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

21 October 2021

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

20 October 2021

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

19 October 2021

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”

18 October 2021

Some law firms may have to make structural changes to ameliorate the impact of the government’s economic crime levy, solicitors have warned.


Legal regulators slammed for “lacking expertise” on comparison data

18 October 2021

Data already in the public domain cannot easily be adapted to help consumers choose a lawyer, mainly due to failings by legal regulators, according to research.


SDT releases Ecohouse documents to campaign group

15 October 2021

The Transparency Task Force has been granted access to a limited number of documents used in Solicitors Disciplinary Tribunal hearings relating to a collapsed Brazilian property investment scheme.


Bar students need more pupillage data to avoid “buyer’s remorse”

15 October 2021

Bar students should be given detailed information from chambers about their pupillage criteria to avoid suffering from “buyer’s remorse” when they realise how difficult it is to succeed.


SRA sends police money laundering reports linked to £180m of funds

14 October 2021

The Solicitors Regulation Authority has almost quadrupled the number of suspicious activity reports it sends to the police about possible money laundering by law firms.


Unbundled family law service to expand as SRA eyes pilot

13 October 2021

A pilot version of an unbundled family law service for litigants in person has enabled them to save 70% on legal fees and is to be expanded; meanwhile, the SRA is to run its own unbundling pilot.

← Older posts Page 234 of 274 Newer posts →

Blog


Hybrid working and client money controls – be aware of the risks

For legal finance teams, remote working has changed how information moves, how approvals are obtained and how colleagues communicate.


AI can interrogate your contracts – but are they ready for questioning?

Suppose a law firm wants to review a client’s entire real estate portfolio for risk in the leases. Not long ago, that meant a multi-week project. Today, first-pass answer can arrive in minutes.


Why onboarding has become a strategic priority for law firms

One of the most influential stages of the client journey – client onboarding – often receives less strategic attention than it deserves.


Loading animation