Latest news
FCA: We are not discouraging consumers from using lawyers
The Financial Conduct Authority is not trying to discourage motor finance victims from seeking professional representation, a senior executive insisted last week.
SDT distinguishes its definition of dishonesty from the court’s
A solicitor found to have been fundamentally dishonest in a personal injury claim has been cleared of dishonesty by the Solicitors Disciplinary Tribunal.
Is AML move the first step towards single legal regulator?
The government’s decision to rationalise the oversight of AML supervision could be a precursor to the entirety of legal regulation, a leading practitioner has suggested.
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.
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.
