Latest news
Law firms “must showcase how they make the world better”
Law firms wanting to recruit the best young lawyers must showcase how they make “the world a better place”, a report on the post-pandemic legal services landscape has said.
Appeal over failure to award indemnity costs against SRA
A solicitor who obtained a rare costs award against the SRA is to ask the High Court to rule that the Solicitors Disciplinary Tribunal was wrong to say it could not award them on the indemnity basis.
Mergers increasingly based on net assets in absence of goodwill
Law firm mergers and acquisitions are increasingly based on net assets rather than a multiple of income or profits, as many do not have any inherent goodwill, an adviser has said.
Number of solicitors on the roll hits 200,000 for first time
The number of solicitors on the roll has topped 200,000 for the first time, with 150,000 now practising. Meanwhile, the proportion of solicitors working in private practice has fallen to an all-time low.
Consumers “growing in confidence” to manage own PI claims
The proportion of road traffic accident victims who would be prepared to submit personal injury claims themselves has hit more than half for the first time, a report has found.
“Not all mistakes are misconduct”, says SDT as it clears solicitor
Not all mistakes made by solicitors are professional misconduct, the Solicitors Disciplinary Tribunal has ruled in dismissing allegations that an assistant misled the court.
Record fine for Co-op Legal Services after indemnity principle breach
Co-operative Legal Services has been fined nearly £144,000 for recovering more costs in personal injury claims than it was entitled to – the largest fine the SRA has ever handed out to an ABS.
LeO to seek in-year budget supplement for first time
The Legal Ombudsman is set to make its first ever in-year call for supplementary budget, seeking an extra £344,000 to make up in part for previous miscalculations, Legal Futures can reveal.
“KKK” solicitor fined for groping female colleagues
A senior solicitor who did a Ku Klux Klan impersonation at his Black secretary and repeatedly groped her bottom has been fined and urged to undertake diversity training.
Female lawyers anxious over disproportionate impact of Covid
Almost a quarter of women in the profession have not seen their incomes return to pre-Covid levels with one in five still on less than their previous working hours, a survey has found.
Blog
Awaab’s Law phase 2: New hazards council tenants can now claim for
The conversation on housing disrepair is moving beyond damp and mould alone. With the rollout of phase 2 of Awaab’s Law, the scope of issues covered is expanding significantly,
Beyond PCP: Can regulators and lawyers work better together next time?
Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
