Compliance & Regulation
SRA waives £120k fine of law firm now in administration
The Solicitors Regulation Authority has waived a £120,000 fine it intended to levy on a law firm because it has now gone into administration.
Local law societies condemn SRA plans for client money
The SRA’s plans to reform consumer protection arrangements are disproportionate, risk undermining public confidence and will not work, the five largest local law societies have warned.
Fined solicitor had “implacable belief” in his AML knowledge
An experienced solicitor who had an “implacable belief that he was right” and so did not think he needed to check anti-money laundering rules has been fined £45,000 for breaching them.
Suspended barrister warns over “innocent conversations about hobbies”
The barrister suspended for two years after showing his photography website to a woman and offering to take unclothed photos of her has said it was “an innocent discussion”.
Proudman: BSB actions have had a “chilling effect” on me
In the second part of our interview with barrister Dr Charlotte Proudman, she discusses her run-ins with the Bar Standards Board, culminating in a disciplinary hearing.
Charlotte Proudman: To create change, you have to put yourself out there
Legal Futures interviews Dr Charlotte Proudman, the outspoken barrister and campaigner who was recently cleared by a Bar disciplinary tribunal.
‘Axiom Ince Five’ set to face trial in February 2027
The five men charged by the Serious Fraud Office with various offences following the collapse of Axiom Ince will stand trial in February 2027.
Two-year suspension for barrister’s inappropriate comments at court
An experienced barrister has been suspended for two years over inappropriate comments and behaviour of a sexual nature while at court.
Legal Services Board has “duty to act” on profession’s diversity
The Legal Services Board not only has “the right to act” to improve diversity in the legal profession, but is under “a duty to act”, its new chief executive has said.
Only 11% of law firms “likely to pay” new FOS complaint fee
Only one in 10 law firms handling financial services mis-selling matters will have to pay the new £250 case fee to the Financial Ombudsman Service, it has estimated.
Blog
Client accounts: Opportunity, obligation and the risks in between
The profitability gap between well-run firms and the rest is not primarily a function of size, location or practice area – it is a function of financial management.
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’?
