Latest news
Class action lawyers “may be more interested” in fees than clients
The Competition Appeal Tribunal is “alert” to the possibility that revenue streams are the priority for lawyers and funders where they, rather than the claimants, initiate class actions.
Conveyancers need reform of Building Safety Act “minefield”
Reform of building safety regulations may encourage professional indemnity insurers to remove their block on conveyancers advising on certain transactions, CILEX has told the government.
SDT rejects managing partner’s bid to blame junior solicitor for errors
A managing partner has failed to convince the SDT to blame the one-year qualified solicitor he was supervising for failures on a conveyancing transaction at an undervalue.
Land Registry needs to ditch “quasi-legal” culture, review finds
HM Land Registry needs to shift from a “quasi-legal” culture to one that is more consumer friendly given the changing nature of the home-buying process, according to a review.
AI use gaining ground rapidly across legal profession
Six out of 10 lawyers are using GenAI for work purposes and most of the rest plan to use it, with small law firms twice as likely as larger practices to “rely heavily on AI for day-to-day work”.
Acquisition number 15 for Gateley as it beefs up IP practice
Gateley has made the 15th acquisition since it listed just over a decade ago by buying intellectual property law firm Groom Wilkes & Wright for up to £9m.
NHS Resolution to launch neutral evaluation scheme
NHS Resolution has announced the launch of a neutral evaluation scheme and awarded the first two contracts to CEDR and Trust Mediation.
Another failure for SRA in Daily Mail sting cases
Two of the three solicitors accused by the Daily Mail of offering to help an undercover reporter concoct a false asylum claim have now been cleared of misconduct.
Report backs “targeted approach” to upfront property information
A report for the Digital Property Market Steering Group has outlined a “more targeted approach” to upfront property information, focused on reducing late-stage transaction failures.
Suspension for solicitor who acted on both sides of transaction
A solicitor has been suspended over a “dereliction of duty” that saw him act on both sides of the transfer of an elderly and vulnerable client’s sole residence to a neighbour for nil consideration.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
