Compliance & Regulation
PM Law’s finance chief disqualified over missing client money
The longstanding HOFA at PM Law was involved in moving money from its client accounts and then fabricated the bank balances.
KC to face contempt hearing over closing speech
The KC accused of not following court directions in his closing speech on behalf of a Palestine Action activist is to face contempt proceedings.
Partner transferred £700,000 to client “to avoid negligence claim”
A former partner in a London law firm transferred almost £700,000 of his own money to a client company to avoid a negligence claim.
Don’t kick transparency rules into long grass, SRA told
The Solicitors Regulation Authority must publish a timeline setting out when it will resume work on the transparency rules for law firms.
Law firm COFA barred for transferring funds from client account
The COFA of an eight-office Home Counties law firm shut down by the Solicitors Regulation Authority earlier this year has been barred from the profession.
Solicitor who abandoned firm suspended for 18 months
A personal injury solicitor who abandoned his firm whilst struggling with health issues and addiction – leaving it to be run by his office manager – has been suspended.
Solicitor used client money to keep within overdraft
A veteran solicitor who admitted billing clients for work he had not done to avoid his firm exceeding its overdraft has been struck off.
SRA urged to consider fee reductions for legal aid firms
The Solicitors Regulation Authority should consider reductions for legal aid firms if it goes ahead with plans for a 29%, or £25m, increase in its funding.
Rebuke for law firm that failed to perform undertaking for years
A South London law firm that failed to perform an undertaking given during a property transaction for nearly two and a half years has been rebuked by the SRA.
SRA unveils first two prosecutions from Post Office scandal
The first two solicitors to face the Solicitors Disciplinary Tribunal (SDT) for misconduct linked to the Post Office scandal have been named.
Blog
Is clients’ use of AI destroying legal privilege?
Much has been written about the risks of lawyers misusing AI. However, in my view, the greater challenge lies elsewhere: the routine use of AI by clients themselves.
Does the Lloyd review mark the end of the Legal Services Act?
The Legal Services Board often generates eye-rolls and irritation from the leaders of the frontline regulators it oversees and of the representative bodies attached to them.
A familiar story?
There is no doubt that the rising cost of clinical negligence claims deserves attention. However, the system’s true cost driver is often not the claim itself.
