Compliance & Regulation
Vaginal mesh solicitor to face multiple charges at SDT
A solicitor who acted for hundreds of women in vaginal mesh claims before his firm was shut down is to appear before the Solicitors Disciplinary Tribunal.
SRA to “ratchet up” AML blitz after £575,000 of fines in six months
The SRA has handed out 50 fines totalling £575,000 for AML rule breaches in the last six months and promised to “ratchet up the consequences” for firms that still do not comply.
SRA decides against changing who pays for compensation fund
There was little support for a SRA proposal to reapportion contributions to the compensation fund so that individual solicitors pay more than firms, it has emerged.
Veteran barrister disbarred after “prolonged period of incompetence”
A veteran barrister has been disbarred after a “prolonged period of incompetence” during which he operated from chambers condemned by the BSB as “disorganised and chaotic”.
UWO will investigate how jailed ex-solicitor’s wife bought house
The unexplained wealth order issued against the ex-wife of the struck-off solicitor behind the Axiom Legal Financing Fund fraud will investigate whether her home was bought with tainted funds.
SRA to revise fining guidance on economic crime and drink driving
The Solicitors Regulation Authority is working to activate its power to issue unlimited fines in cases involving economic crime, it has emerged.
Paralegals receive formal recognition with CILEX ‘chartered’ title
CILEX has introduced the first formal recognition of paralegals after receiving Privy Council approval to amend its Royal Charter and introduce the title of CILEX chartered paralegal.
Eversheds staffer created invoices for pro bono case
A former Eversheds Sutherland employee who created invoices for a pro bono matter he brought to the firm has been banned from the profession.
SRA seeks extra £11m as complaints about solicitors soar 20%
A “significant and sustained increase” in the number of reports about solicitor misconduct is fuelling the SRA’s plans for an £11m increase in its budget to £168m.
Legal Services Board ratchets up pressure over BSB performance
The Bar Standards Board is not improving its performance with “sufficient urgency or pace”, the oversight regulator has concluded.
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.
