Latest news
LSB “must force” Legal Ombudsman to publish decisions in full
The Legal Services Board must take “a more proactive stance” in making the Legal Ombudsman publish complaint outcomes in full, the Legal Services Consumer Panel has argued.
BSB eyes targets to improve diversity of senior staff
Nearly half of staff at the Bar Standards Board are now from ethnic minority backgrounds but it is looking at targets to improve the diversity of its management.
Law firm partner earnings grow twice as fast as barristers’ income
The income of equity partners at law firms increased by 42% in the five tax years to 2022/23, more than twice as fast as barristers and that of the rest of the UK workforce.
Formal warning for judge who had sex in chambers
A recorder who had sex in his judicial chambers over 15 years ago has been given a formal warning for misconduct.
FCA urged to rethink advice to “millions” of law firm car finance clients
The Financial Conduct Authority has been urged to rethink its advice to consumers using law firms in motor finance claims after research showed how many have already signed up.
Applications to block probate rise to all-time high
The final quarter of 2024 saw an all-time high in quarterly applications to block probate in England and Wales, research has found.
Ban for Co-op estate planner over LPA dishonesty
An estate planning consultant at Co-operative Legal Services who falsely confirmed that he had witnessed the signatures on a lasting power of attorney has been banned.
PE in the law expands to Sweden as six firms join new group
Private equity in the law expanded to Sweden yesterday with the launch of AGRD Partners, a new group formed by six firms and backed by a Nordic investment house.
SRA shuts down nine-partner firm over solicitor’s suspected dishonesty
The Solicitors Regulation Authority yesterday shut down two law firms – including a nine-partner practice in Yorkshire – due to the suspected dishonesty of a solicitor.
ACSO bids to lead collective action against Amazon
The Association of Consumer Support Organisations is looking to sue Amazon on behalf of more than 45m consumers who bought products on its website from third-party sellers.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
