Latest news
Global professional services network eyes more UK law firm deals
The UK law firm group owned by a global network of professional service firms is set to return to the acquisition trail in the coming months after a “bumpy” couple of years.
Tribunal rejects solicitor’s bid to overturn rebuke
A solicitor has failed in his appeal against a rebuke imposed by the Solicitors Regulation Authority (SRA) for failing to comply with court costs orders.
More clarity needed on source of funds checks, says SRA
Law firms need greater clarity on when and how source of funds and wealth checks should be carried out, a review by the Solicitors Regulation Authority has found.
CLC launches accelerated ‘experience’ route to qualification
The Council for Licensed Conveyancers has launched an accelerated route to qualification for fee-earners who have been working for at least four years in conveyancing or probate.
Regulatory reform “will help legal sector” enter next growth phase
The legal sector of the future “may look very different to the one we know today”, with further regulatory reform needed, a report for the Ministry of Justice has said.
Subpostmasters “pressured by their lawyers” into pleading guilty
Many subpostmaster victims of the Post Office scandal felt “bullied by the inevitability of pleading guilty as their lawyers advised”, a report has found.
Law firm faces claim over £1.5m paid out of escrow amid AI concern
A bid for summary judgment over a law firm paying out £1.5m it was holding in escrow has failed because the underlying agreement was “a classic example of muddled drafting”.
High Court grants rights to audience to struck-off solicitor
The High Court has given a struck-off solicitor rights of audience to represent companies of which he was only made a director for that purpose.
Judge blames law firm not solicitor for fake AI cases
A judge has decided against referring a solicitor to the Solicitors Regulation Authority for citing two fake cases generated by artificial intelligence.
Listed professional services firm targets big lawyer expansion
Growing its new legal arm is a big priority for AIM-listed professional services business DSW Capital, with doubling the number of fee-earners the immediate goal..
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.
