Latest news
Latest law firm B Corp prepares for bar to get higher
Kent law firm Cripps has secured B Corporation certification, one of the biggest law firms to do so, and said it would have to keep improving to meet a “higher bar”.
£10k fine for employed solicitor who held herself out as sole practitioner
A solicitor at a City law firm who held herself out as a sole practitioner while helping a person bring county court proceedings has been fined £10,000.
Were lawyers complicit in Post Office’s corporate governance failures?
A solicitor who acted for three wrongly convicted sub-postmasters has questioned whether lawyers advising the Post Office’s board were more motivated by continuing the retainers.
Huge US law firm start-up targets London presence by spring
One of the largest law firm launches in US legal history – a ‘distributed’ practice with over 130 senior lawyers announced last week – is set to plant its flag in London shortly.
Accounts manager tried to remove partners from roll of solicitors
An accounts manager who tried to remove her firm’s partners from the roll of solicitors has been barred from working for law firms, as has a bookkeeper who was double-paid for nine months.
Insurer not entitled to hold back evidence of potential PI fraud
An insurer was not entitled to hold back evidence that a claimant was a friend of the owner of the vehicle he collided with, hoping the claimant would lie about it in his witness statement.
Court to consider legality of refusing to act for non-sanctioned Russian
A judge is to consider whether a firm of accountants discriminated against a company owned by a non-sanctioned Russian by refusing to take it on as a client.
Law Society would support Legal Ombudsman outsourcing
The Law Society has said it would be “inclined to support” any bid by the Legal Ombudsman to secure legislation which would allow it to outsource complaints handling.
Solicitor fined after acting for friends and family without insurance
A solicitor who was unaware that the rules had changed so that she could not handle friends and family’s conveyancing for free without insurance has been fined.
Tribunal doubles costs award against “unreasonable” CIty firm staffer
A former employee of City giant Hogan Lovells tried to cause “maximum disruption” to the law firm in bringing employment tribunal proceedings, “perhaps as some form of revenge”.
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.
