Latest news
FCA and solicitors in war of words over motor finance challenge
The FCA has told solicitors and CMCs challenging its motor finance redress scheme that they should give their clients the chance to end their retainers.
“Aggressive” circuit judge interrupted barrister excessively
A circuit judge who adopted an aggressive tone with a female barrister and interrupted her excessively has been issued with “formal advice” for misconduct.
Exclusive: CA clarifies Mazur ruling after Law Society application
The Court of Appeal has made amendments to its Mazur ruling to make clear that law firms are not at risk of committing a criminal offence through inadequate supervision of unauthorised persons.
Leading national firm fined £160k for accounts rule breaches
National law firm Taylor Rose has been fined £160,000 for multiple breaches, including residual balances held for up to seven years and not self-reporting to the SRA.
SRA “should ask KC” to review approach to SLAPPs
The Solicitors Regulation Authority should consider commissioning an independent KC to review its approach to prosecuting SLAPPs, a leading media lawyer has argued.
Motor finance law firm to launch JR of lifetime smoking ban
A law firm which specialises in motor finance claims is to launch and fund a judicial review of new legislation which will ban anyone born after 1 January 2009 from buying tobacco.
AI playing “vital role” in managing legal aid work
AI is fast becoming a vital part of how law firms can afford to carry out legal aid work, according to the practice director of the country’s largest legal aid practice.
The drama is over – no Mazur appeal
The Law Society has decided against trying to appeal last month’s Court of Appeal ruling in Mazur, it has confirmed to Legal Futures.
Reviewer urges better understanding of SQE format
There should be more effort to help candidates and others understand why multiple-choice questions are used in the SQE, its independent reviewer has suggested.
Legal Services Board reverses plan to reduce budget
The Legal Services Board has reversed its plan to reduce its budget and instead approved a small increase, amounting to an extra £1.79 on every authorised lawyer’s practising fees.
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.
