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Axiom Ince report: No law firm should go years without an SRA visit
Law firms should not go “many years” without receiving a visit from the Solicitors Regulation Authority, the Carson McDowell report for the Legal Services Board has recommended.
Criticism rains down on SRA but M&A controls spark worry too
Criticism of the Solicitors Regulation Authority poured in yesterday in the wake of the report into how it dealt with Axiom Ince, although the notion of more controls on M&A sparked concern.
Mental health challenges “costing large law firms millions”
Mental health challenges are costing large law firms millions of pounds every year and reducing productivity by 19%, a report has indicated.
SRA “should have done more” to prevent Axiom Ince, says LSB report
The SRA “did not take all the steps it could or should have taken” ahead of the collapse of Axiom Ince, the review commissioned by Legal Services Board declared today.
New private equity player enters market by buying Midlands law firm
Another private equity business has entered the legal market with a £30m pot to create a new group and has made Midlands firm FBC Manby Bowdler its first acquisition.
Leader of Essex coroner kidnap plot jailed for seven years
The leader of a plot based on pseudo-legal ideas to kidnap the Senior Coroner for Essex has been jailed for seven years, and the three people who helped him for two and a half years each.
Conveyancers spend nearly half their time chasing people
Conveyancers spend approaching half of their working day chasing other stakeholders or being chased by them, a report has found.
Law firm fails in bid to restrain litigation funder’s winding-up petition
A well-known sports law firm has failed to convince the High Court to restrain a litigation funder from advertising a winding-up petition over a loan it has not repaid.
Fine for solicitor who sent “threatening” Covid letters to schools
A solicitor who sent “threatening” letters to at least 244 secondary schools, telling them they could be at risk of criminal or civil liability for implementing Covid measures, has been fined £2,500.
Court of Appeal ruling opens door to motor finance mis-selling claims
The Court of Appeal has opened the door to billions of pounds worth of claims for mis-sold motor finance after finding dealers in breach of their fiduciary duty to customers.
Blog
Home-buying reform must focus on experience, not just technology
Buyers and sellers don’t judge their experience by the number of digital platforms they use or the technology operating behind the scenes.
What would a single regulator mean for firms and practitioners?
The Legal Services Consumer Panel has renewed its call for a single regulator to replace the eight approved regulators currently governing legal services.
Why council tenants often wait longest for disrepair to be fixed
Why do council tenants appear to wait longer for disrepair to be resolved, and what does that tell us about the changing relationship between landlords, tenants and accountability?
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