Latest news
MPs set out demands to improve home-buying process
Mandatory upfront information, conditional sale contracts and regulation of estate agents would all help improve the home buying process, MPs have said.
Multi-office firm fell into administration after sale fell through
West of England law firm BLB Solicitors was forced into administration after a sale fell through at a late stage, its administrators have revealed.
FCA warns legal challenges could scupper any motor finance scheme
If the various legal challenges to current motor finance compensation scheme succeed, there might be no scheme at all, the Financial Conduct Authority has warned.
SRA seeks extra £25m from profession “to fix the foundations”
The Solicitors Regulation Authority today set out the initial cost of fixing its problems – a 29%, or £25m, increase in its funding for the 2026-27 practising year.
SRA and CILEX end talks on transferring regulation of legal executives
Work to transfer the regulation of CILEX members to the Solicitors Regulation Authority has come to an end, it has emerged.
Solicitors start again after selling firm to multi-disciplinary group
A husband-and-wife team whose law firm was bought by a professional services group a year ago have struck out on their own again with a new platform law firm.
“Panicked” solicitor who backdated document struck off
A solicitor who backdated a document and sent a misleading email to a client has been struck off, despite evidence he was experiencing significant mental health difficulties at the time.
Bullish PI group eyes “latent market” as it reports strong results
There is a “significant latent demand” for a law firm that can “unlock” personal injury claims that people are not bringing, listed business NAHL Group said yesterday.
BSB seeks power to appeal decision of health panels
The Bar Standards Board is to take a right of appeal against decisions of its health panels, which is currently restricted to the affected barrister.
LSB puts SRA under pressure amid fears of more law firm collapses
The Legal Services Board is to bear down on the Solicitors Regulation Authority amid concern that more collapses could follow the likes of Axiom Ince and PM Law.
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.
