Compliance & Regulation
CJC calls for “urgent” government review of SSB-style funding
The government needs to urgently investigate the type of litigation funding used by collapsed law firms like SSB Law and Pure Legal, the Civil Justice Council said yesterday.
City partner “erroneously” paid out £2.2m to developer client
A partner at DWF has been fined £14,000 for wrongly approving £2.2m in payments to a developer which later went bust, leaving the firm to recompense out-of-pocket buyers.
Solicitor who worked for three firms at same time struck off
A locum solicitor whose timesheets claimed for the same time from two different firms – while employed full-time at a third – has been struck off.
Law firms “must tell clients how to complain at end of cases”
Law firms must tell their clients how to complain at the end, as well as the beginning, of their cases, under new rules proposed by the Solicitors Regulation Authority.
Property lawyers attack “punitive” AML fining regime
The “punitive” fining regime for anti-money laundering rule breaches operated by the Solicitors Regulation Authority has left lawyers feeling “fearful”.
Court quashes part of LeO’s £51,000 award against law firm
The Legal Ombudsman was wrong to find that a law firm failed to adequately assess a client’s capacity and should pay her £15,700 in compensation, the High Court has ruled.
Barristers “should tell chambers and regulator” about complaints
Barristers will be required to inform both their chambers and their regulator about the complaints they receive, under plans published yesterday by the Bar Standards Board.
LSB lays out actions for SRA to avoid another Axiom Ince
The Solicitors Regulation Authority has been given statutory directions to address the multiple failures in its oversight of Axiom Ince.
Law firm fined £120,000 for 15 years of AML failures
A Southend law firm that failed to comply with anti-money laundering rules for more than 15 years has been fined £120,000 by the Solicitors Disciplinary Tribunal.
Solicitor struck off for allowing use of closed firm’s client account
A solicitor who allowed his firm’s client account to facilitate a suspicious £1.1m property transaction 20 months after it had closed has been struck off.
Blog
Motor finance – the FCA is more worried about banks than consumers
The Financial Conduct Authority’s motor finance redress scheme announced last week amounts to one of the largest ever consumer failures by the regulator.
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.
