Latest news
Plexus Legal administrators charge more than double original estimate
The administrators of Plexus Legal have now racked up more than £650,000 in fees in less than 18 months, more than twice their original estimate.
SRA waives £120k fine of law firm now in administration
The Solicitors Regulation Authority has waived a £120,000 fine it intended to levy on a law firm because it has now gone into administration.
Listed firm to wind down after failing to find administrators
Listed legal business RBG Holdings is to be wound down after failing to appoint an administrator, it announced to the London Stock Exchange this morning.
Local law societies condemn SRA plans for client money
The SRA’s plans to reform consumer protection arrangements are disproportionate, risk undermining public confidence and will not work, the five largest local law societies have warned.
Court rejects divorcing husband’s conflict claim against solicitors
The Family Court has rejected a divorcing husband’s claim that his wife’s solicitors are conflicted out of acting for her because of past work they did for the couple.
Probate Service waiting times fall by 60% in 13 months
The Probate Service seems to have finally overcome its backlog, with average wait times in December 2024 now six and half weeks, compared to nearly 16 weeks a year earlier.
Fined solicitor had “implacable belief” in his AML knowledge
An experienced solicitor who had an “implacable belief that he was right” and so did not think he needed to check anti-money laundering rules has been fined £45,000 for breaching them.
Suspended barrister warns over “innocent conversations about hobbies”
The barrister suspended for two years after showing his photography website to a woman and offering to take unclothed photos of her has said it was “an innocent discussion”.
Proudman: BSB actions have had a “chilling effect” on me
In the second part of our interview with barrister Dr Charlotte Proudman, she discusses her run-ins with the Bar Standards Board, culminating in a disciplinary hearing.
Barrister and law centre cleared of giving negligent advice
A barrister was not negligent in his advice over possession proceedings and the law centre that instructed him was entitled to rely on his expertise, the High Court has ruled.
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.
