Latest news
Cost of SRA investigation and enforcement work soars to £23m
The amount of money spent by the Solicitors Regulation Authority on investigations and enforcement has spiralled by 61% over six years, new figures have shown.
In-house lawyer who lied on CVs to “create a persona” struck off
An in-house lawyer who said he lied on a number of CVs to create “a persona that he thought was required for a role in private practice” has been struck off.
Fine for law firm that allowed $23m to go through client account
A law firm run by an ex-Law Society president has been fined £68,000 for anti-money laundering failures, including allowing $23m to pass through its client account with no underlying legal work.
PE-backed law firm takes over top insurance company’s ABS
Private equity-backed HF has acquired most of the assets of the alternative business structure owned by global insurance services firm Crawford & Company.
MoJ client account interest plan a “stealth tax on legal services”
The Ministry of Justice’s plan to use client account interest to fund its work is “nothing more than a stealth tax on legal services”, according to the first public response to its consultation.
Tribunal: AI use adds to doubts over would-be lawyer’s integrity
A legal practice course graduate seeking authorisation as an immigration adviser raised concerns about his integrity by citing fake cases generated by ChatGPT, a tribunal has ruled.
City law firm suing ex-client over “defamatory” emails
A City law firm is suing a former client for defamation and malicious falsehood contained in emails he sent to the Legal Ombudsman and others.
Lawyers worried about impact of AI on training next generation
The profession is worried about how junior lawyers will develop fundamental legal skills in the age of artificial intelligence, new research has found.
LSB, APIL and Law Centres Federation to intervene in Mazur
The Legal Services Board, the Association of Personal Injury Lawyers, and the Law Centres Federation have all been granted permission to intervene in next month’s Mazur appeal.
UK Finance u-turns on charge for accessing Lenders’ Handbook
UK Finance has backtracked on its plan to charge conveyancers £50 per user to access the Mortgage Lenders’ Handbook, in the face of a furious reaction.
Blog
Modern search is about ‘knowledge’ retrieval
Search has long been understood as data retrieval – the ability to call back information and check a box on finding something. Legal professionals today need more of a 360-degree view on a matter.
Lessons from Sir Keir Starmer for SRA chief
The proposed 29%, or £25m, increase in the Solicitors Regulation Authority’s budget announced last week should really come as no great surprise.
The hidden risks in client account reconciliations
The client account reconciliation process will be second nature to most people in legal finance – and so is also a potential area for a problem to be undetected until it becomes serious.
