Compliance & Regulation
AML changes will heap “significant compliance burdens” on firms
Government changes to anti-money laundering rules around pooled client accounts could cause “significant and uncertain compliance burdens” for law firms.
Strike-off for solicitor who gave SDT false statement of means
A solicitor who completed a “false and misleading” statement of means for a Solicitors Disciplinary Tribunal hearing has been struck off.
Hacked law firm and barristers named in second wave of LeO decisions
The Legal Ombudsman has today published 10 of its final decisions in full, only the second release of public interest findings, and names barristers for the first time.
Solicitor fined for letting down clients over off-plan investments
A solicitor who failed to advise clients on the risks of off-plan, buyer-led investment schemes has been fined £17,000 by the Solicitors Regulation Authority.
Mazur ruling already being cited in court, senior judge reveals
The Senior Costs Judge has revealed that the Mazur case has already been cited before him and suggested that legal professional privilege could be a problem when dealing with the argument.
LPC pass rate slumps as course winds down
Pass rates on the legal practice course slumped from 57% to 42% in the year to 31 August 2024, newly released figures from the Solicitors Regulation Authority have revealed.
Veteran solicitor suspended for year over accounts chaos
A veteran solicitor who said she was wrong to continue running her firm after the death of her husband – who worked with her in the business – has been suspended for accounts rule breaches.
High Court: Solicitor “turned blind eye” to money laundering concerns
A partner at a London law firm “dishonestly assisted” in misappropriating a company’s funds by turning a blind eye to money laundering issues raised by property transactions, the High Court has ruled.
SQE provider pass rates “must be published as soon as possible”
The interim chief executive of the Legal Services Board has called on the Solicitors Regulation Authority to publish data on SQE pass rates by provider “as soon as possible”.
Advertising watchdog upholds complaints against group action law firms
The Advertising Standards Authority has upheld complaints against three law firms over misleading websites and online advertising for group actions.
Blog
Mazur: a symptom not a cause?
If Mazur is a symptom, what does it mean for the underlying health of our civil justice system: the ‘finest legal system in the world’?
Cross-generation collaboration: the key to in-house legal tech adoption
In-house legal function leaders will increasingly have to evolve their thinking on how to manage multigenerational teams containing differing levels of technological expertise.
AI and law firm risk – the view of professional indemnity insurers
In considering law firm applications for cover, many insurers will expect to see evidence of how firms are adapting to AI and preparing for the future.
