Latest news
Report predicts stagnation in demand for legal services
Demand for legal services will grow by only 2% in 2024, falling from 6% this year, researchers have predicted – but say this represents a decent outcome given political and economic headwinds.
SRA fines firm that failed to comply with undertaking
A law firm has been fined by the SRA for a “fundamental and prolonged failure” to comply with an undertaking it had given in a conveyancing transaction.
SRA finally moves to shut down Axiom Ince
The Solicitors Regulation Authority has today closed down Axiom Ince, the scandal-hit law firm that was on the verge of collapse.
High Court rejects appeal from “I like what I see” solicitor
The High Court has rejected an appeal against a £20,000 fine imposed on a male law firm owner who said “mmm, I like what I see” to a young woman applying for a paralegal position.
LSB seeks new role as AML supervisor for legal services
The Legal Services Board has argued that it should take over responsibility for anti-money laundering supervision in legal services from OPBAS.
The SIF debate is finally over as SRA takes control of run-off scheme
The seven-year debate over the future of the Solicitors Indemnity Fund has finally ended, with the Solicitors Regulation Authority formally taking over its management on Sunday.
Having children “makes lawyers less optimistic about careers”
Six in 10 lawyers feel “less optimistic” about their career prospects after having children, with the feeling much more common among female solicitors than men.
Class action specialists secure biggest ever law firm financing deal
Pogust Goodhead has set its sights on becoming the biggest consumer class action law firm in the world after unveiling a landmark $553m (£453m) financing deal.
“Shocking and abhorrent” conduct – SDT explains Bretherton strike-off
The conduct of the City solicitor struck off for taking sexual advantage of an 18-year-old apprentice was “shocking and abhorrent”, the Solicitors Disciplinary Tribunal has said.
SRA fines law firm £45,000 for how it ran financial mis-selling claims
The Solicitors Regulation Authority has slapped a law firm with a £45,000 fine for multiple failures in its conduct of financial mis-selling claims.
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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