Latest news
Law firm fails to strike out former partner’s unfair prejudice petition
Well-known London litigation firm Candey has failed in a bid to strike out an unfair prejudice claim brought by a former partner.
Employment can offer barristers more ethical protection
Being employed by companies or law firms can give barristers more protection when faced with ethical challenges than those in private practice, it has been suggested.
Law firm moves staff to four-day week
A law firm specialising in family and commercial work has seen fee income rise after introducing a four-day week. Staff are paid 100% of salary and their financial targets have not changed.
SRA issues M&A warning to law firm buyers and sellers
Solicitors have been warned by their regulator about undertaking adequate due diligence on mergers and acquisitions and putting client interests first when striking the deal.
One in four SME law firms yet to embrace SQE
More than a quarter of SME law firms (27%) have not yet embraced the Solicitors Qualiying Exam, and nearly a half are not offering solicitor apprenticeships, research has found.
Law firm fined for allowing COFA to steal £157,000
A law firm whose compliance officer for finance and administration stole £157,000 has been fined for not having proper systems governing payments from client account.
Fast-growing accountancy consolidator launches law firm
A private equity-backed accountancy firm that has built a £130m practice in just 16 months has now launched a law firm too.
PLAG “disappointed” by Law Society only postponing TA6
The group that forced the special general meeting of the Law Society for its work for conveyancers has criticised the decision only to delay implementation of the new TA6 form.
Challenge to JAC ‘secret soundings’ to go ahead
A district judge who argues that applicants for judicial appointment should be told of negative comments about them in confidential references will get to put her case to the High Court.
Solicitor rebuked for leaving client unrepresented at hearing
A solicitor who withdrew from a Family Court hearing over a fee dispute so late that he left his client no chance to find a replacement has been rebuked by the SRA.
Blog
Beyond PCP: Can regulators and lawyers work better together next time?
Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.
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.
