Latest news
Law firm awarded £4.2m over PPI claims lost by JV partner
A law firm specialising in PPI claims has been awarded £4.2m in damages for thousands of cases that failed because of its joint venture partner.
Call for action to help small law firms adopt technology
Tech adoption by small law firms is being held back by cost, uncertainty and a reluctance to invest in systems that quickly become outdated or non-compliant, according to SRA research.
Law Society warns SRA to avoid “knee-jerk responses” on ethics
The Law Society has advised the Solicitors Regulation Authority against “knee-jerk responses” in attempting to tackle the issue of ethical standards in the profession.
Axiom Ince now set to cost solicitors £41m
The collapse of Axiom Ince is now set to cost the solicitors’ profession £41m in payouts from the SRA Compensation Fund, it has emerged.
Number of fines issued by SRA more than doubles in a year
The Solicitors Regulation Authority issued 173 fines to law firms and individuals in its last financial year, more than twice the number of the previous year.
Germany warns US law firms that did deals with Trump
US law firms that struck deals with President Trump to avoid punitive executive orders are at risk of losing their right to operate in Germany, its bar association has warned.
SRA gives green light to sale of insurer’s law firm
The Solicitors Regulation Authority has approved the sale of DLG Legal Services – the alternative business structure owned by insurer Direct Line – to Aviva.
Law firm prices have risen ahead of inflation since 2020
Prices for basic legal services have increased by more than inflation in recent years, while law firms offering fixed costs are significantly cheaper than those giving estimates.
Reynolds avoids SRA action – unless he calls himself a solicitor again
The SRA has decided not to take action over business secretary Jonathan Reynolds calling himself a solicitor – but warned him of possible prosecution should he do it again.
Conveyancers launch own guidance to reduce enquiries
A grassroots initiative to reduce the number of unnecessary enquiries which can delay conveyancing transactions has gone live.
Blog
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
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.
