Latest news
Exclusive: Stowe boss lays out vision with new owner on board
The largest family law firm in the country is to pilot an unbundled service and offer clients more holistic support as part of a move to widen the current offering, its executive chairman has revealed.
PEXA launches initiative to redesign conveyancing process
PEXA, the Australian conveyancing technology giant now operating in the UK, has launched an initiative in West Yorkshire to redesign the home-buying and selling process.
Law firm rebuked for failing to comply with undertaking
A law firm that failed to comply with an undertaking it gave in a conveyancing transaction within a reasonable time has been rebuked by the Solicitors Regulation Authority.
Shiner’s guilty plea to trigger payments to law firm’s creditors
The liquidator of Public Interest Lawyers will shortly declare a dividend to creditors following the the guilty plea of its disgraced founder, Phil Shiner.
CMA targets seven unregulated wills and divorce providers
The CMA has written to seven unregulated providers of wills and online divorce services, warning them about “aggressive upselling, the refusal of refunds and failing to respond to complaints”.
Costs and staff numbers at Law Society Group on the rise
The size and cost of the Law Society Group – primarily made up of the Law Society representative body and the Solicitors Regulation Authority – continues to rise, its accounts have shown.
BSB calls in external law firm to help with cross-qualifying lawyers
The Bar Standards Board is set to bring in external solicitors to help clear the sizeable backlog of applications by foreign lawyers wanting to requalify at the Bar.
Rebuke for solicitor who held onto client money for 14 years
A solicitor who retained client money for 14 years without good reason has been rebuked by the Solicitors Regulation Authority.
Traditional partnership losing appeal, says boss of PE-backed firm
The traditional partnership model is losing its grip on solicitors, according to the boss of a private equity-owned firm who says it has been able to do things it could not before the takeover.
Burford doubles funding for cases led by diverse lawyers
Litigation funder Burford Capital has set aside a further $150m (£115m) for cases led by women or ethnic minority lawyers.
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.
