Compliance & Regulation
Tribunal lifts restrictions on solicitor who failed to pay PII premiums
The SDT has lifted all restrictions on the future practice of a solicitor who was indefinitely suspended for failing to pay indemnity insurance premiums.
Reports of bullying and harassment by barristers almost double
The number of reports to the Bar Standards Board of bullying and harassment has almost doubled in the last year, the regulator has revealed.
SRA will take “sympathetic” approach to pre-Mazur breaches
The SRA will respond “sympathetically” to self-reports from those who may have been operating incorrectly under the terms of the Mazur ruling.
Conditions removed from work of solicitor suspended over drugs
A City solicitor suspended for a year after a second police caution for possessing cocaine has had conditions on his return to practice removed.
Solicitor fined for failing to spot money laundering red flags
A solicitor who failed to spot red flags for potential fraud/money laundering while acting on two loans worth £464,000 has been fined £15,000.
Barrister disbarred for sexual harassment was in “position of power”
A senior male barrister who sexually harassed a female junior shortly out of pupillage “must have appreciated that he was in a position of power and importance” to her.
Solicitor jailed for using drug money to pay mortgage struck off
A solicitor jailed for 26 months last year for using drug money generated by his twin brother to pay a mortgage has been struck off.
Mazur appeal lawyer sets out Court of Appeal battleground
The Court of Appeal hearing the Mazur case will have to decide between statutory interpretation and “the contextual argument”, the solicitor bringing the appeal said last week.
SRA hands out £550k in AML fines in three months
The Solicitors Regulation Authority has levied fines totalling £550,000 in the past three months on law firms that breached basic anti-money laundering rules.
Highest-earning barristers set to pay more to practise
The Bar Council and Bar Standards Board are looking to increase the cost of practising for barristers by 4% in the coming year, with a new band for those earning £2m.
Blog
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.
Expectations keep rising, so prioritise client experience
Law firms are facing growing pressure to place greater focus on client experience or risk falling behind in an increasingly competitive legal market.
