Latest news
Regulator to review conveyancers’ referral arrangements
Last week’s BBC Panorama programme on ‘conditional selling’ by estate agents has prompted the Council for Licensed Conveyancers to launch a review of referral arrangements.
Lawyers throw weight behind MPs’ call for county court review
The legal profession has strongly backed the recommendation of the justice select committee for an urgent review of the county court.
MPs demand complete overhaul of “dysfunctional” county courts
The county court is a “dysfunctional operation that has failed to adequately deliver civil justice across England and Wales”, MPs said today in a damning report.
Treasury sets out reforms to Money Laundering Regulations
The government has outlined how it will improve the anti-money laundering regime by publishing a slew of planned changes to the underlying regulations.
LSB: Regulatory action needed to tackle law’s diversity problems
The profession has failed to make “significant progress in tackling the structural and cultural barriers to encouraging equality and diversity”, the LSB has declared.
SRA to quiz volume claims firms about compliance
The Solicitors Regulation Authority is to demand assurances from firms conducting volume consumer claims that they are meeting their professional obligations.
TPMAs “could help” law firms, says National Risk Assessment
The emergence of third-party managed accounts “may, in time, reduce” the risk of law firms’ client accounts being used by criminals for money laundering, the government said yesterday.
Law firm signs up 1,000 clients affected by Afghan data breach
Consumer claims law firm Barings says it is already working with 1,000 people affected by the Afghan data breach, while Leigh Day says claimants will retain at least 70% of damages.
JAC “should not automatically” keep negative soundings secret
The Judicial Appointments Commission was wrong to adopt a practice of never putting negative material to a candidate save in exceptional circumstances, the Court of Appeal has ruled.
Public has “very high” expectations of motor finance compensation
Public expectations of compensation over motor finance mis-selling are running “very high”, according to research published by Slater & Gordon.
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.
