Latest news
‘TikTok’ lawyer faces money laundering charges
A high-profile Birmingham solicitor, dubbed the ‘TikTok lawyer’ for his activity on the social media network, has been charged with money laundering offences.
In-house barrister elected Bar vice-chair for first time
The first woman barrister at the Crown Prosecution Service to take silk, and only the fourth person at the CPS overall, has been elected as vice-chair of the Bar Council.
Mahmood downgrades recommended 4.75% pay rise for judiciary
The Lord Chancellor yesterday rejected the recommended pay rise for judges – but they will still receive more than the government told the Senior Salaries Review Body it could afford.
Merricks funder: £23m profit on £46m investment “not reasonable”
The litigation funder in the Mastercard collective action has hit out at the CAT’s decision to allow it a £23m profit on its seven-year, £46m investment in the case.
Stamp duty deadline pushed conveyancing fees to “all-time high”
Conveyancing fees hit an “all-time high” in the first quarter of this year in the run-up to the stamp duty deadline, with the average figure up by almost 12% on the same period last year.
Arbitral tribunal panels lacking in diversity, IBA finds
There is “a strong consensus” that ethnic diversity is good for arbitrations – but little evidence of this being reflected in the make-up of panels, a report for the IBA has found.
High Court rejects bias claim against SDT panel chair
The High Court has rejected claims of bias against the chair of a Solicitors Disciplinary Tribunal panel made as part of long-running proceedings against a major City law firm.
Defendant law firms “protecting litigation work” with credit hire row
Defendant law firms are making a lot of misleading “noise” about inflation in credit hire rates because “they make their money from litigation”, the CHO has argued.
Mastercard settlement “very far from a success”, says tribunal
The Competition Appeal Tribunal yesterday described the £200m settlement of the landmark opt-out collective action brought against Mastercard as “very far from a success”.
High Court grants law firm injunction to ban man from office
The High Court has granted leading firm Clyde & Co an injunction banning a man from its Birmingham office after his repeated visits made staff feel “vulnerable and anxious”.
Blog
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
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.
