Latest news
Law firms “continue to threaten” journalists despite SRA warnings
Libel law firms continue to mislead journalists and others that their letters cannot be published and the SRA needs to act, high-profile tax lawyer Dan Neidle said yesterday.
Solicitor MP clashes with CILEX leaders over regulatory reforms
A solicitor MP yesterday clashed with the leaders of CILEX over the body’s planned reforms, including using the title ‘chartered lawyer’ and creating chartered paralegals.
Solicitor fails in discrimination claim over firm’s billing failure
A law firm’s failure to help a self-employed consultant solicitor bill tens of thousands of pounds of work was due to error and not discrimination, an employment tribunal has ruled.
Solicitor rebuked for baseless threat to prosecute law firm
A solicitor who threatened another law firm with criminal proceedings if it did not settle a negligence claim, when in reality that would not happen, has been rebuked by the SRA.
“Shamelessness” of SLAPPs has grown but still no disciplinary action
The number and “shamelessness” of SLAPPs has grown but there has been no disciplinary action against the lawyers responsible for how they are run, a major conference heard yesterday.
Reprimand for barrister who gave magistrates a Nazi salute
A veteran barrister who used a German accent during proceedings before magistrates and raised his hand to the bench in a Nazi salute, has been reprimanded by a Bar disciplinary tribunal.
Number of conveyancing solicitors slumps as market contracts
The number of conveyancing firms and particularly solicitors has dropped significantly over the past two years in line with the major downturn suffered by the property market.
Costs lawyers “bullish” about impact of fixed costs extension
Costs lawyers have had a good year, with a healthy proportion reporting growth in excess of 10% and many bullish about the impact of more fixed costs, according to their representative body.
Leading firm fined £101,000 for anti-money laundering failures
A leading South-West law firm has been fined £101,357 for failing to act over money laundering red flags on three property transactions, two of which may have involved a sanctioned entity.
Legal Services Board eyes 14% increase in budget
The Legal Services Board is considering a 14% increase in its budget in a bid to strengthen its “direct oversight” of the frontline regulators’ performance.
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.
