Latest news
Lobby group to intervene on distribution of £10m in unclaimed damages
The CAT has granted business lobby group Fair Civil Justice permission to intervene in a hearing on how to distribute £10m not claimed in a collective action.
Ban for office manager who took nearly £550,000 from firm
A part-time office manager who misappropriated nearly £550,000 from a law firm has been banned from working in the profession.
Law firm to pay £105k over Plevin cases it failed to progress
A law firm which failed to uphold its side of a deal when taking on another practice’s Plevin cases has been ordered to pay it £105,000.
Two solicitors rebuked for taking client information when leaving firms
Two solicitors who took confidential client information from their former employers have been rebuked by the Solicitors Regulation Authority.
Gender-critical barrister praises BSB approach to ‘meritless’ complaints
A leading ‘gender critical’ barrister has praised the Bar Standards Board for the way it handles “meritless” complaints after rejecting two made against her.
Medico-legal market remains strong despite MedCo decline
Researchers have raised their estimate for the value of the UK’s medico-legal market in 2024 to £677m, an increase of 4.5% on the previous year.
Consultant-led law firms “pose greater money laundering risk”
The decentralised nature of consultant-led law firms carries extra money laundering risks that mean compliance officers may need to be “more interventionist”, the SRA has cautioned.
SRA to consult on strengthening continuing competence regime
The SRA is to consult on strengthening continuing competence requirements as it was not clear whether solicitors are reflecting properly on their practices.
Ten competition class actions for every person in the UK
There were more than 655m class members of actions in the Competition Appeal Tribunal at the end of 2024 – equivalent to 10.4 class actions for every person in the country.
FCA already under pressure to restrict car finance redress scheme
Peers on the House of Lords’ financial services regulation committee have questioned whether the FCA’s plan for a motor finance claims redress scheme is too generous.
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.
