Latest news
CAT approves £1.7bn Microsoft action despite funder “uncertainty”
The CAT has approved a £1.7bn opt-out collective action against Microsoft despite admitting that “a degree of uncertainty” surrounded its funder.
Partner who acted on Ponzi scheme fined £30k over conflict of interest
A partner who acted on what turned out to be a fraudulent Ponzi scheme has been fined £30,000 for accepting a role to protect the interest of the scheme’s bondholders.
SRA hands out first fixed penalties for AML information failures
The Solicitors Regulation Authority has issued the first fixed fines to firms that failed to provide it with information about their anti-money laundering and sanctions controls.
Listed law firm’s revenue grows by 18% as it rolls out agentic AI
AIM-listed Keystone Law has reported revenue growth of almost 18% to over £115m in its latest annual financial results, while the AIIC Group has also announced strong growth.
‘Freeman of the land’ theories “offensive to the rule of law”
A High Court judge has condemned ‘Freeman of the land’ theories used by litigants in person to try and get themselves out of legal difficulties as “offensive to the rule of law”.
Solicitor who fabricated attendance note escapes strike-off
A solicitor who created a “false and misleading” attendance note to show that she warned a client about the escalating level of costs has been suspended for two years.
Fine for drunk barrister who collapsed at court
A barrister who collapsed at a court while drunk and was taken to hospital in an ambulance has been fined £1,000 by the Bar Standards Board.
Watchdog takes action over accident management companies’ adverts
Three accident claims management companies – one of which is owned by a law firm – have been found in breach of the Advertising Standards Authority’s rules.
First batch of credit hire claims processed by arbitration pilot
The first group of credit hire claims have been processed by a pioneering arbitration pilot – a partnership between a law firm, an insurer and a legaltech firm.
Breach of SRA rules must be “sufficiently serious” to be misconduct
A solicitor’s breach of their regulatory obligations will only amount to misconduct if it is “sufficiently serious”, the Court of Appeal ruled yesterday.
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.
