Compliance & Regulation
MP: SRA needs to be empowered to crack down on lawfare
There is a “clear consensus” in Parliament that the SRA must “feel empowered” to crack down on instances of ‘lawfare’, an MP said yesterday.
High-profile conveyancer “transferring shares” post-disqualification
Lloyd Davies, the high-profile licensed conveyancer who has been permanently disqualified, is now in the process of transferring his shares in his firm, it has confirmed.
Campaigners call for single supervisor of legal sector’s AML activities
Only a single body policing anti-money laundering supervision across the UK legal sector will deliver “the step change in effectiveness that is needed”, a campaign group has argued.
LSB tells regulators to improve lawyers’ ethical standards
New requirements on legal regulators to strengthen ethical standards from the start of lawyers’ careers have been proposed today.
Barrister who harassed woman at party suspended for three months
A male barrister who harassed a woman at his chambers’ Christmas party both physically and verbally has been suspended from practice for three months.
City solicitors hit out at SRA’s “instinct to overregulate”
The SRA’s plans to reform consumer protection arrangements demonstrate its instinct to “overregulate” the profession, City solicitors have claimed.
High-profile conveyancer disqualified for misleading 300 students
A high-profile licensed conveyancer has been thrown out of the profession for not telling 300 apprentices and students that his training academy had lost its official accreditation.
Fee-earner banned for misleading firm over Law Society accreditation
A fee-earner has been banned for misleading her firm into thinking that her membership of the Law Society’s mental health accreditation scheme had been renewed.
“Disruptive” solicitor ordered to pay SRA costs of £20,000
A solicitor has been ordered to pay the SRA £20,000 in costs for his “unreasonable and indeed vexatious and disruptive conduct” of litigation against it.
Two firms rebuked for residual balances as charity launches campaign
Two law firms that between them retained £425,000 of client money for many years have been rebuked as charity Support Through Court called on solicitors to donate small residual balances.
Blog
Whistleblowing guidance for in-house lawyers – a call to arms
In-house lawyers are in a unique position to spot wrongdoing. But reporting it is not just potentially dangerous from a personal point of view.
The importance of benchmarking reports – and lessons on profitability
Regional firms reported the largest revenue growth this year (12%), outpacing their City counterparts. Yet many are not converting that growth into profitability.
Fixed recoverable costs: Sacrificing justice for predictability?
The extended fixed recoverable costs regime is failing to achieve its stated objectives. Instead of promoting fairness and efficiency, the rules are creating anomalies that undermine justice.
