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Axiom fund adviser joins Schools in jail after eight-year sentence

11 June 2024

An investment manager at the heart of the Axiom Legal Financing Fund fraud has been jailed for eight years having being found guilty of fraudulent trading after a retrial.


SRA “has gone too far” with demands in SLAPPs guidance

10 June 2024

The Solicitors Regulation Authority’s guidance on SLAPPs may go too far in requiring practitioners to ascertain the truth of their client’s case, a senior barrister has suggested.


Falconer: New government must prioritise crime and family systems

10 June 2024

The “crumbling” criminal and family systems need to be justice priorities of the incoming government, former Labour Lord Chancellor Lord Falconer said this weekend.


Oversight regulator ramps up Post Office pressure on SRA and BSB

10 June 2024

The Legal Services Board has outlined its “high expectation” of the Solicitors Regulation Authority and Bar Standards Board taking regulatory action after the Post Office inquiry ends.


Carr urges KCs to give juniors oral advocacy opportunities

10 June 2024

The Lady Chief Justice has urged senior barristers to give their junior counsel chances to speak in court, both for their own development and the future diversity of the judiciary.


Pure Legal pulled into SRA’s investigation into SSB Group

7 June 2024

The SSB Group scandal – which has seen former clients pursued for costs of claims when they thought they had ATE insurance – has now extended to another collapsed firm, Pure Legal.


Law Society “disappointed” as members back call for SGM

7 June 2024

The Law Society has expressed its disappointment at the prospect of a special general meeting, after the required 100 signatures were gathered in less than 24 hours.


Lammy: Law firms should have been prosecuted over dirty money

7 June 2024

It is wrong that no law firms have been prosecuted for criminal breaches of anti-money laundering rules “despite the mountains of evidence”, the shadow foreign secretary has said.


Cost of closing down law firms spiralled to £20m last year

7 June 2024

The Solicitors Regulation Authority spent £20m closing down a record number of law firms last year, according to new figures.


Law Society facing ‘no confidence’ motion over conveyancing forms

6 June 2024

Pressure is growing on the Law Society over the TA6 and TA7 conveyancing forms, with a property lawyers group set to bring a motion of no confidence in its leadership.

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Blog


Regulate sole practices on evidence, not turnover

For a sole practice, the SRA’s plan that I cannot hold a compliance role if my firm has more than £600,000 of turnover is not a measure of risk. It is a ceiling on growth.


Is Google becoming pay-to-play for law firms?

For years, law firms have been told that SEO is the long-term alternative to paying for every click. That principle hasn’t disappeared but search results have changed significantly.


Material information and the case for intelligent client onboarding

Upfront information means work traditionally undertaken after an offer is accepted will need to happen earlier. And that fundamentally changes the role of client onboarding.


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