Latest news
Many conveyancing firms “do not have clear pricing policies”
Almost half of conveyancing firms do not have pricing policies which are “clearly defined, understood, communicated and adhered to” all the time.
Court orders parties to engage in ADR over costs
A ruling that parties must engage in ADR before their argument over costs can be heard is a landmark that could herald the start of a new era, according to costs lawyers.
High Court orders City litigators to name source of “forged” report
The High Court has ordered a leading City litigation firm to name the source of a potentially forged report produced as part of an arbitration dispute between Russian oligarchs.
Solicitor fined for inaccurate declaration over £1m Covid loan
A solicitor who signed an inaccurate declaration that triggered the release of a £1m Covid loan to a client, has been fined £15,000.
“Disruptive action” may be needed to improve diversity, LSB warns
Bullying and harassment is not limited to the Bar and “disruptive action” may be needed to create a “fair, healthy, diverse and inclusive legal profession”, the Legal Services Board has warned.
SRA urges voluntary disclosure of Russia sanction breaches
The Solicitors Regulation Authority has stressed the importance of voluntarily disclosing breaches of the Russia sanctions following the first fine handed out under the regime.
Partner suspended for telling junior solicitor to lie to client
A senior partner who told a newly qualified solicitor to lie in an email to a client has been suspended from practice for nine months.
ICO reprimands law firm after client data ends up on dark web
A law firm that was hacked and had sensitive client data published on the dark web has been reprimanded by the Information Commissioner’s Office.
Major investor bails as listed legal business’s woes continue
Struggling listed legal business RBG Holdings suffered another blow last week when its second biggest institutional shareholders sold most of its stake.
University partners with law firms to offer students four-year degree
Liverpool University has joined forces with six law firms in the city to offer students a new four-year ‘Law with a Year in Industry’ degree.
Blog
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
The power of participation for trainees and apprentices
It’s important as a trainee or an apprentice to get involved in the life of your firm – even under the pressure of discovering how to navigate professional life and now the demands of the SQE.
