Compliance & Regulation
SRA pays out £9.3m to PM Law clients in month after collapse
The Solicitors Regulation Authority has already paid out £9.3m to clients of the collapsed PM Law Group, it revealed today.
Legal Services Board “may need more money and staff” to do its job
The Legal Services Consumer Panel has questioned whether the Legal Services Board is “sufficiently resourced and structured” to oversee regulation of the sector.
Legal Services Board formally issues SRA with censure over SSB
The Legal Services Board has today finally issued the formal public censure of the SRA for its failure to protect consumers affected by the collapse of SSB Group.
Mazur: Court refuses CILEX Fellow exemption to conduct litigation
A circuit judge has refused to grant a highly experienced chartered legal executive an exemption that would allow her to conduct a family law case.
SRA shuts down eight-office Home Counties law firm
An eight-office Home Counties law firm – operating under seven different names – was closed down yesterday by the Solicitors Regulation Authority.
Regulators told to be tougher with AML disciplinary action
Some legal and accountancy regulators are not undertaking “sufficiently dissuasive disciplinary measures” over non-compliance with AML rules, their oversight body has warned.
Dual-qualified barrister who misled High Court is disbarred
A Bar disciplinary tribunal has ordered that a dual-qualified barrister, who misled the High Court as a solicitor, should be disbarred.
Exclusive: Ex-SSB clients settle claims against firm’s insurer
Around 130 former clients of SSB Law have settled their negligence claims against the collapsed law firm’s insurer, their solicitor has revealed.
Fine for solicitor who failed to act on client’s vulnerabilities
An experienced solicitor who failed to take action after medical reports showed his client had not been fit to plead guilty to 19 criminal charges has been fined £3,800.
Don’t make us responsible for submitting reports, accountants tell SRA
Responsibility for submitting law firms’ accountant’s reports should not be switched to the accountants, a leading representative body has told the SRA.
Blog
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Reports
Associates
