Compliance & Regulation


Solicitors fined £30k for letting down property clients

30 September 2024

Two solicitors have been fined more than £30,000 between them for not considering conflicts of interest and not acting in clients’ best interests.


LSB approves trebling of compensation fund contributions

30 September 2024

The Legal Services Board has approved the big hike in contributions solicitors and firms have to make to the Compensation Fund just in time for the SRA to collect them.


Fewer complaints about barristers’ use of social media

30 September 2024

The number of reports to the BSB about barristers’ use of social media has unexpectedly fallen but an increasing proportion relate to “controversial social and political issues”.


New equality duty will not impact cab-rank rule, says BSB chief

27 September 2024

The Bar Standards Board’s controversial proposal for new equality rules will not affect the cab-rank rule and will not lead to quotas, its director general said yesterday.


“Firms could close” – Law Society joins opposition to SRA fines plan

27 September 2024

The Solicitors Regulation Authority’s needs to rethink the “potentially unlawful, confusing and flawed” proposals to update its fining regime, the Law Society said yesterday.


Solicitor rebuked for failures in compliance roles at ABS

27 September 2024

A solicitor who held all the compliance roles at an alternative business structure owned by a non-lawyer has been rebuked for multiple failures under his watch.


Former justice minister urges opposition to planned BSB equality duty

26 September 2024

Former justice minister Lord Wolfson KC has joined the voices opposing the Bar Standards Board’s plan to impose a new positive duty on barristers to act in a way that “advances” EDI.


Solicitor’s improper Covid letters aimed to push anti-vaccine campaign

25 September 2024

A solicitor who sent overly aggressive and legally inaccurate letters before action as part of a campaign against the Covid vaccine has been fined £15,000.


Solicitor fined third of annual income for breach of undertaking

25 September 2024

A solicitor who paid out money he was holding, having given an undertaking not to do so, has been fined a third of his annual income by the Solicitors Regulation Authority.


Birmingham Law Society attacks SRA’s ‘Robin Hood’ fines plan

25 September 2024

More solicitors have attacked the Solicitors Regulation Authority’s plans for new fining guidance, rejecting its “Robin Hood” approach of calculating fines based on income.

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