Compliance & Regulation
Service provider hack sees 100GB of data stolen from top law firm
Global law firm Jones Day has reportedly had 100 gigabytes of data stolen, with some of it appearing on the dark web, after a third party that provides it with file transfer software was hacked.
Solicitor fell in love with architect of translation fraud
A solicitor who described how she fell in love with the architect of a translation fee fraud – who used her to facilitate it – has accepted that she had to be struck off.
CLC highlights compliance risks facing licensed conveyancers
Money laundering, buyer-funded developments, and acting for both sides are among the risks highlighted in the Council for Licensed Conveyancers’ first Compliance Risk Agenda.
Solicitor struck off for harassment convictions fails in appeal
A solicitor struck off after it emerged he had been convicted of harassing a woman in Norway nearly 20 years ago has failed in his challenge to the decision.
Solicitor lied to High Court in claim brought by former partner
A solicitor who lied to a High Court judge during the trial of a dispute with a former partner in his law firm has been struck off. The tribunal said the public would be “horrified” by his misconduct.
Rebuke for male solicitor handed caution for assaulting woman
A solicitor who received a caution for assault by beating a female family member has been rebuked by the Solicitors Regulation Authority. It accepted the conduct was “out of character”.
Solicitor who misled potential employer suspended indefinitely
A solicitor who twice misled a potential employer into believing he was still in a job – when in fact he had been sacked six months earlier – has been suspended indefinitely.
SRA: New areas of practice and legalised cannabis present AML risks
Firms getting into new areas of work because of the impact of Covid, along with handling funds generated through the legal sale of cannabis abroad, are among emerging money laundering risks.
Prospect of negative interest rates and law firm dilemma moves closer
The possibility of negative interest rates moved a step closer yesterday amid continuing uncertainty over whether law firms could pass on to clients the cost of holding their money.
Solicitor’s mismanagement combined with COFA’s incompetence
A solicitor whose “reckless mismanagement” of her law firm’s finances damaged the profession’s reputation has been struck off, and her COFA banned for “manifest incompetence”.
Blog
Reorientation in the AI era must begin with the client
Much of the discussion about AI in the legal industry focuses on technology: which tools to adopt and which tasks might get automated. But this misses the deeper story.
Awaab’s Law phase 2: New hazards council tenants can now claim for
The conversation on housing disrepair is moving beyond damp and mould alone. With the rollout of phase 2 of Awaab’s Law, the scope of issues covered is expanding significantly,
Beyond PCP: Can regulators and lawyers work better together next time?
Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.
