Compliance & Regulation
Implementing ILCA scheme as proposed “may be unlawful”
The government’s plans for an Interest on Lawyers’ Client Accounts scheme are so poorly thought-through that implementing it might not be lawful, City solicitors have warned.
SRA faces £700k costs battle with Carter-Ruck partner
The Solicitors Regulation Authority faces having to pay up to £700,000 in costs after its prosecution of a partner at top media firm Carter-Ruck was summarily dismissed.
Using Legal Choices “improves understanding”
The website run by all the legal regulators to help consumers navigate the justice system improves understanding of legal issues, research has found.
“Repurpose unused apprenticeship levies” to support access to justice
Repurposing large law firms’ unused apprenticeship levies was this week put forward as a more practical option than a levy of wealthy law firms to support access to justice initiatives.
SRA pays out £9.3m to PM Law clients in month after collapse
The Solicitors Regulation Authority has already paid out £9.3m to clients of the collapsed PM Law Group, it revealed today.
Legal Services Board “may need more money and staff” to do its job
The Legal Services Consumer Panel has questioned whether the Legal Services Board is “sufficiently resourced and structured” to oversee regulation of the sector.
Legal Services Board formally issues SRA with censure over SSB
The Legal Services Board has today finally issued the formal public censure of the SRA for its failure to protect consumers affected by the collapse of SSB Group.
Mazur: Court refuses CILEX Fellow exemption to conduct litigation
A circuit judge has refused to grant a highly experienced chartered legal executive an exemption that would allow her to conduct a family law case.
SRA shuts down eight-office Home Counties law firm
An eight-office Home Counties law firm – operating under seven different names – was closed down yesterday by the Solicitors Regulation Authority.
Regulators told to be tougher with AML disciplinary action
Some legal and accountancy regulators are not undertaking “sufficiently dissuasive disciplinary measures” over non-compliance with AML rules, their oversight body has warned.
Blog
The SRA needs to admit it got it wrong about SLAPPs
The High Court judgment in Ashley Hurst v SRA in January raises serious questions about the regulator’s approach to allegations of SLAPP-like behaviour.
Why menopause support belongs on every law firm’s agenda
Progression in the law slows significantly as women approach senior leadership. Most will be at the height of their careers around the average age menopause symptoms begin.
Law firms need to go beyond document checks
At the root of every failed compliance review is a familiar phrase: a calm assertion of “but we did a document check”.
