Compliance & Regulation

A “passionate, caring and in many respects competent” solicitor, whose firm got into a financial mess in part because of the accounting software she used, has escaped removal from practice.

The Competition and Markets Authority today announced a three-month review of the progress made in improving competition in the legal services sector for consumers and small businesses.

Well-known law firm Taylor Vinters has been fined by the Solicitors Regulation Authority for failing to undertake proper money laundering checks on millions of pounds paid into its client account.

A solicitor has launched what he believes is the first legal consultancy in the UK devoted entirely to nanotech firms, the latest to use the rules that allow solicitors to practise from unregulated firms.

The “extremely drunk” senior partner of a London law firm has been fined £10,000 for touching a paralegal on the bottom and kissing her on the neck while sitting next to her in a bar.

The former managing partner of Baker McKenzie’s London office committed “an extraordinary abuse of position” by sexually harassing a junior fee-earner in his hotel room, the SDT has ruled.

Lawyers for Extinction Rebellion blocked Chancery Lane outside the Law Society on Friday to highlight concerns about the potential impact on lawyers’ careers of being arrested for peaceful protests.

The Legal Ombudsman is to press ahead with plans to publish its full decisions, as well as annual reviews of the most complained-about lawyers and firms, it has decided.

Most incidents of cybercrime suffered by law firms are due to individual errors and misunderstanding rather than systems being hacked, research by the Solicitors Regulation Authority has found.

Lawyers for Extinction Rebellion will perform an “arrestable action” outside the Law Society today to push the SRA to confirm lawyers’ rights to engage in non-violent protest without repercussions.