Latest news
PACCAR to blame for “collapse” in collective actions
The number of collective actions filed at the CAT has “collapsed” to only three this year, due mainly to the “chilling effect” of PACCAR, a report has argued.
KC: Regulators should promise no action over pre-Mazur breaches
Regulators should assure non-authorised people who may have inadvertently conducted litigation as found by Mazur that they will not face criminal prosecution or disciplinary action.
Regional consolidators outperforming rest of legal market
Regional law firm consolidators are outperforming other disruptive models in the market and also the biggest practices in the country, an analysis by PwC has shown.
Apple users set for damages after first trial win for collective action
The collective action regime received a timely boost yesterday after a claim against Apple over its App Store became the first case to win at trial.
Solicitor’s online pet tool joins global incubator programme
A private client solicitor has launched an online tool to help ensure pets are looked after following their owner’s death, incapacity, divorce or separation.
SDT removes restrictions on solicitor turned compliance consultant
The Solicitors Disciplinary Tribunal has removed restrictions on a solicitor who, after being suspended for three years, became a compliance consultant.
Proposed LLP tax will be “big hit” on legal profession
A new tax on LLPs could be “a big hit” on the legal profession, the Law Society warned yesterday, with figures showing it would mean a 7% increase in the effective tax rate for partners.
Don’t be scared off by size of wellbeing challenge, lawyers told
Concerns about wellbeing in the law have been elevated to such a level that employers may feel overwhelmed by the thought of tackling it.
Government awards £1.75m to conveyancing data projects
Two projects that aim to speed up the home-buying process have received £1.75m in government backing from the Regulators’ Pioneer Fund.
SRA: Client account “still on reform agenda”
The Solicitors Regulation Authority has not kicked changes to client account – and the interest solicitors earn on it – into the long grass, its chair warned solicitors yesterday.
Blog
Strong AML controls are meaningless with incomplete data
One expectation as the FCA takes control of anti-money laundering oversight is a move towards more supervision rather than simply writing new rules.
Navigating the legal AI productivity-profitability paradox
Firms are achieving efficiencies through AI, especially in the practice of law. Yet many are struggling to see that reflected in their financial outcomes
Regulation, growth and access to justice: why legal services need a reset
Well-intentioned consumer protections embedded in the regulation of legal services increasingly act as barriers to innovation, competition and access to justice.
