Compliance & Regulation
Barristers set for positive duty to advance equality and diversity
Barristers will have a positive duty to act “in a way that advances equality, diversity and inclusion” under a shake-up of the equality rules launched by the Bar Standards Board.
CILEx Regulation pushes ahead with transparency for all legal services
Rule changes which would mean that law firms regulated by CILEx Regulation would be the first required to publish price and service information for all services have been put to the LSB.
Law firm owner rebuked for practising without insurance
A solicitor who did not shut down his law firm properly, continuing to deal with client matters even though he was not insured, has been rebuked.
Legal Omubdsman restarts work on publishing decisions
The Legal Ombudsman is set to restart work towards publishing the decisions it makes in full, now that operational performance is improving, Legal Futures can reveal.
Paralegal rebuked for misleading client over Land Registry matter
A paralegal who misled a client about the progress of their matter as she sought to clear up a problem she inherited on a file has been rebuked by the SRA.
Law firm compliance officer fined for accounts rules failures
A solicitor who allowed his law firm to flout the accounts rules while a director and compliance officer has been fined by the Solicitors Regulation Authority.
SRA: Convictions highlight Chinese ‘underground banking’ danger
The sentencing of seven people involved in a money laundering network via Chinese underground banking is a valuable reminder to solicitors of its risks, the SRA has said.
LSB puts SRA Compensation Fund fee increases on hold
Approval of the SRA’s application for the level of Compensation Fund contributions – which are set to soar this year – has been delayed for the first time ever, Legal Futures can report.
Fine for solicitor who acted on both sides of property deal
A partner who acted for both sides of a property transaction where there was a conflict of interest has been fined by the Solicitors Regulation Authority.
Tribunal criticises BSB for prosecuting “sleeping” barrister
A disciplinary tribunal has sharply criticised the Bar Standards Board for how it approached the prosecution of a barrister who struggled to stay awake during an inquest.
Blog
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
From ‘year zero’ to £6.5m – how a law firm found its second life
In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.
Linklaters’ chief growth officer takes the ‘blank sheet’ challenge
In the third and final part of this series, Lucy Murphy, chief growth officer at magic circle firm Linklaters, outlines her vision for the law firm of the future.
