Compliance & Regulation
SRA “should have done more” to prevent Axiom Ince, says LSB report
The SRA “did not take all the steps it could or should have taken” ahead of the collapse of Axiom Ince, the review commissioned by Legal Services Board declared today.
Fine for solicitor who sent “threatening” Covid letters to schools
A solicitor who sent “threatening” letters to at least 244 secondary schools, telling them they could be at risk of criminal or civil liability for implementing Covid measures, has been fined £2,500.
“Appalling” partner struck off for creating toxic workplace
A law firm’s co-owner has been struck off for “appalling conduct” that involved violence, bullying and harassment aimed at junior colleagues.
Law firm rebuked for not distributing estate after merger
A Surrey law firm that failed to deal with an estate it took on after merging with another practice has been rebuked by the Solicitors Regulation Authority.
Report: Trust in legal services high but more costs transparency needed
Most people have trust and confidence in legal services, but would like the Solicitors Regulation Authority to do more on their cost, major new research has found.
SRA: Timing of Post Office and Axiom Ince prosecutions uncertain
It is too early to say when prosecutions arising out of the Post Office scandal and Axiom Ince will occur, the chief executive of the Solicitors Regulation Authority said yesterday.
Tribunal budget to soar amid flood of prosecutions by SRA
The Solicitors Disciplinary Tribunal’s budget is set to soar by a quarter next year in response to a surge in cases referred by the Solicitors Regulation Authority.
Suspended prison sentence for unregulated immigration adviser
A man convicted of three counts of providing unregulated immigration advice and services has been handed a suspended prison sentence.
No jail for law student convicted of abusing England footballer
The law student who called England footballer Bukayo Saka a ‘monkey’ in an online rant has been handed a conditional discharge after insisting he did not intend to be racist.
Solicitor suspended from practice 12 years ago can return to roll
A solicitor suspended indefinitely in 2012 for failing to produce accounts after his law firm closed can return to the roll, the Solicitors Disciplinary Tribunal has decided.
Blog
The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.
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.
