Latest news
SRA closes down practice of leading sports lawyer
The Solicitors Regulation Authority yesterday closed down the practice of a high-profile sports lawyer who has acted for the likes of Cristiano Ronaldo and Tyson Fury.
Digital assets “to play central role in law firm M&A”
Digital assets, data and “repeatable, digitally enabled processes” will play a central role in future law firm mergers, two leading advisers have predicted.
Volume litigation and law firm consolidators on LSB’s agenda
Volume litigation, consolidator law firms and unregulated legal service providers are the focus of a new consumer protection programme launched by the Legal Services Board.
Law Society’s diversity strategy to focus on disabled solicitors
The Law Society is putting the focus on disabled solicitors, access to senior roles for all under-represented groups and improving workplace cultures in a three-year diversity strategy.
CAT strikes out challenge to Scottish Bar rules
The Competition Appeal Tribunal has struck out a challenge to the rules of the Faculty of Advocates, the Scottish Bar, over a restriction on who can instruct barristers.
KC: Law of agency and delegation could help challenge Mazur
The “basic principles of agency and delegation” could be used to argue that the Mazur judgment was wrongly decided, a KC and judge has suggested.
Solicitor suspended for hiding firm’s financial problems from SRA
A law firm partner who failed to disclose to the Solicitors Regulation Authority that her firm was facing a winding-up petition has been suspended for three months.
Barristers’ job satisfaction on the rise
The proportion of barristers saying they are satisfied with their jobs has increased significantly to almost seven out of 10, according to a Bar Council report.
FCA car finance scheme “patently influenced” by lender profits, MPs say
The FCA car finance compensation scheme has been “patently been influenced by the profit margins of the lenders”, a report by MPs has found.
FCA to have extensive powers over lawyers in AML role
Deeper checks of law firm owners and the ability to bring criminal prosecutions are among the powers proposed for the FCA once it takes over supervising lawyers’ AML activities.
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.
