Latest news
Ministry of Justice unveils plan to plunder client account interest
The Ministry of Justice has today unveiled plans for an Interest on Lawyers’ Client Account scheme, which would claim 75% of the interest on pooled client accounts to boost its budget.
SRA to pay solicitor £160k over “fatally flawed” prosecution
The Solicitors Regulation Authority has been ordered to pay a solicitor nearly £160,000 in costs after its prosecution of her was ruled “fatally flawed”.
Advertising watchdog targets motor CMCs in latest crackdown
The Advertising Standards Authority has banned misleading adverts aimed at victims of car accidents as part of a new crackdown on claims management companies.
MPs: MoJ risks becoming ‘Ministry of Justice (for Certain People)’
The Ministry of Justice should consider changing its name to “the Ministry of Justice (for Certain People)” if it does not take sustainability of legal aid more seriously, MPs have said.
“High trust” legal aid model could cut bureaucracy
A Dutch-style “high trust” model for legal aid could “significantly reduce bureaucracy” for law firms and make it more “economic” for them to do publicly funded work, MPs were told yesterday.
Two more acquisitions for leading PE-backed group
Two of the law firms owned by Lawfront, the largest buy-and-build group backed by private equity, have made their own acquisitions, in our first M&A round-up of the year.
Junior solicitor avoids strike-off after deleting part of handover note
The Solicitors Disciplinary Tribunal (SDT) has decided against striking off a junior solicitor who deleted part of a colleague’s handover note to cover up his failure to do what it said.
Call to tackle low-cost conveyancing as part of home-buying reform
Stronger regulation of the “high-volume, low-value conveyancing sector”, as well as a review of fee structures, is needed as part of home-buying reform, the government has been told.
Professional ethics network to push for “cultural step-change”
A professional ethics network is to be launched in a bid to achieve the “cultural step-change” required to improve standards among lawyers.
Mixed fortunes for Law PLC as Knights leads the way
Law firm consolidator Knights was the best-performing listed legal business last year, with its share price leaping by 70% in 2025, the annual Legal Futures analysis of ‘Law PLC’ has revealed.
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.
