Compliance & Regulation
Lawtech start-up focused on security raises further £1m
A lawtech start-up specialising in identity and source of funds checks for conveyancers has attracted high-profile investors including the co-founders of Funding Circle in raising £1m.
Solicitor suspended for holiday sickness retainer failures
A law firm director has been suspended after failing to ensure that holiday sickness clients referred by introducers had instructed the firm or knew claims were being pursued on their behalf.
Law Society warns firms of steep rise in insurance premiums
Law firms are facing a 30% increase in their professional indemnity insurance this year, and even more for those with bad claims histories, the Law Society has warned.
Ex-SDT chief urges ‘fitness to practise’ regime to help solicitors with mental health problems
The SRA needs to introduce a ‘fitness to practise’ regime as a better way to deal with young solicitors with mental health problems, the former chief executive of the SDT has told Legal Futures.
Solicitor cleared of beating bouncer with stiletto
A 5’2” commercial property solicitor has been cleared of assault by beating after she hit a nightclub bouncer over the head with her stiletto.
Accountants offered new route to setting up ABSs
Accountants and firms regulated by the ACCA will have a pathway to handling all the reserved activities under the plan to transfer supervision of their legal work to CILEx Regulation.
SFO charges three men over Axiom fund collapse
Two former solicitors and a former independent financial adviser have been charged with multiple offences in connection with the collapse of the Axiom Legal Financing Fund.
Struck-off solicitor’s comparison with George Floyd “a disgrace”
A struck-off solicitor’s comparison of his treatment at the hands of the Solicitors Regulation Authority with that of George Floyd by US police has been branded a “disgrace” by a tribunal.
Partner suspended over multiple money laundering failures
A partner in a law firm which acted mainly for Russian and Ukrainian clients has been suspended for nine months after admitting multiple breaches of the anti-money laundering rules.
Solicitor struck off after 40-year career – for the sake of £100
An experienced conveyancer has been struck off for falsifying the completion date of a transaction in a report to tax authorities in order to avoid a late registration penalty of £100.
Blog
Mazur: when regulators make simple things complicated
What the last six months have shown is that supervision cannot be treated as a background compliance obligation quietly managed somewhere in a firm’s operational processes.
How unstoppable AI is reshaping UK legal practice
At a time when most technology innovation still flows from the US and China, UK lawtech is attracting growing international attention and capital.
Modern vehicles: new injury profiles and new legal challenges
As the number of electric vehicles on UK roads continues to grow year-on-year, it is important to address the risks that come with their increased adoption.
