Latest news
Third-party funder paid €26m for backing disputed arbitration award
A third-party funder has been paid €26m (£22m) after its client monetised a disputed arbitration award that it backed. The Republic of Italy, the defendant, is currently trying to annul the decision
SRA fails in appeal over solicitor cleared of AML breaches
The High Court has upheld a ruling by the SDT that a solicitor’s errors in conducting due diligence for anti-money laundering purposes did not amount to professional misconduct.
Scottish solicitors to vote on ditching support for ABSs
Solicitors in Scotland will tomorrow vote on whether to oppose government plans to push ahead with alternative business structures.
Conveyancer backdated deed he had forgotten to draft
A vastly experienced conveyancer who backdated a deed of easement he had forgotten to prepare as part of a transaction has been barred from working in the profession.
West Midlands ‘supercluster’ aims to drive forward lawtech
Plans to boost innovation and the use of lawtech in the West Midlands over the next decade have been unveiled by the UK’s first professional services technology ‘supercluster’.
Let us lead on equality, Bar Council chair tells BSB
The chairman of the Bar Council has urged the Bar Standards Board to let it lead work on improving equality, diversity and inclusion in the profession.
Conveyancers facing “more hostile environment than ever”
Conveyancers are facing a “an environment more hostile than ever before” and clients have “never been so litigious”, the owner of a well-known firm has warned.
SRA’s client money warning: partners need to replace money at once
Law firm partners have been told that they must dip into their own pockets to replace any shortages on client accounts immediately upon discovery.
Barrister jailed for three years over legal aid fraud
A barrister and part-time immigration tribunal judge who was the last of a group of lawyers found guilty of defrauding the Legal Aid Agency has been jailed for three years.
Exclusive: SSB clients “uncertain” about insurer’s assignment offer
Former clients of the collapsed SSB Group are “confused and uncertain” about an insurer’s offer to stop pursuing them for costs if they assign their claims against the law firm.
Blog
AML in an era of unpredictable threats
One expectation as the FCA takes control of anti-money laundering oversight is a move towards more supervision rather than simply writing new rules.
AI and law firm risk – the view of professional indemnity insurers
In considering law firm applications for cover, many insurers will expect to see evidence of how firms are adapting to AI and preparing for the future.
Automation in personal injury claims: The evolving legal risks
As automation tools become more sophisticated, they are increasingly used for more complex tasks, such as interpreting evidence and informing case strategy, particular in the PI sector.
