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Generative AI could make contract negotiation “worse”

20 November 2023

Generative artificial intelligence could make commercial contract negotiations “worse”, the founder of contracting specialists Radiant Law has argued.


Licensed conveyancers being brought back into AML compliance

20 November 2023

More than 40% of firms of licensed conveyancers inspected by their regulator in the past year were non-compliant with anti-money laundering rules, a review has revealed.


Guideline hourly rates to rise in January as Vos implements CJC review

17 November 2023

The Master of the Rolls today publicly accepted the recommendations of the Civil Justice Council’s costs review, starting with an increase in the guideline hourly rates in January.


Transparency rule failures lead SRA to issue first fixed penalties

17 November 2023

Three law firms that failed to comply with the transparency rules have become the first to receive fixed £750 fines under the Solicitors Regulation Authority’s new regime.


LSB chief: Profession needs “course correction” to boost public confidence

17 November 2023

Lawyers need to recognise that their role comes with “privileges and obligations” at a time of public concern about unethical behaviour, the chief executive of the Legal Services Board has said.


Family lawyer who took advantage of abuse victims is struck off

17 November 2023

A family law solicitor who lied to and took advantage of vulnerable clients, including victims of domestic violence, has been struck off and ordered to pay almost £75,000 in costs.


High Court laments “wholly unacceptable” last-minute adjournment

17 November 2023

A Commercial Court judge has blamed a claimant “in large part” for the “wholly unacceptable” last-minute adjournment of their case after he had begun pre-reading for it.


Government plan to address PACCAR “does not go far enough”

16 November 2023

Lawyers and litigation funders have expressed disappointment at the government’s legislative proposal to address the Supreme Court’s PACCAR ruling.


Allow us to refuse work for ethical reasons, junior lawyers tell firms

16 November 2023

Junior lawyers want the right to refuse to work on certain matters for ethical reasons, but few firms currently allow it, research has found. They are frustrated too by the slow pace of cultural change.


Solicitor convicted of tipping off client about money laundering probe

16 November 2023

The first solicitor ever prosecuted by the Serious Fraud Office for ‘tipping off’ a client about a money laundering investigation was convicted this week at the Old Bailey.

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Blog


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Divorce escrow: asset sales before final settlement

When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.


AML lacks clarity – and standards are suffering

If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.


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