Latest news
Metamorph leads way in autumn merger rush
Law firm consolidator Metamorph has unveiled its latest acquisition as one of a slew of mergers and acquisitions that has been announced. Insurance renewal season usually sees activity increase.
“Caring” solicitor undone by accounting system
A “passionate, caring and in many respects competent” solicitor, whose firm got into a financial mess in part because of the accounting software she used, has escaped removal from practice.
Employment tribunal rejects BSB race discrimination claim
Claims of race discrimination brought by a barrister against the Bar Standards Board as part of a decade-long dispute have been dismissed as time-barred by an employment tribunal.
CMA unveils progress review of competition in legal market
The Competition and Markets Authority today announced a three-month review of the progress made in improving competition in the legal services sector for consumers and small businesses.
DWF partners rake in £4m from first share sales
Partners at DWF cashed in shares worth £4.25m yesterday at the first opportunity to sell some of the stock they received when it listed, as the firm announced a pause in M&A activity.
SRA fines leading firm for money laundering check failures
Well-known law firm Taylor Vinters has been fined by the Solicitors Regulation Authority for failing to undertake proper money laundering checks on millions of pounds paid into its client account.
Solicitor launches unregulated nanotech firm
A solicitor has launched what he believes is the first legal consultancy in the UK devoted entirely to nanotech firms, the latest to use the rules that allow solicitors to practise from unregulated firms.
Ruling exposes claims of Ince’s ex-French partners
The joint administrators of Ince & Co have been granted permission to apply to stay or dismiss claims brought against them in France by the former French partners of the City law firm.
“Extremely drunk” senior partner touched and kissed paralegal
The “extremely drunk” senior partner of a London law firm has been fined £10,000 for touching a paralegal on the bottom and kissing her on the neck while sitting next to her in a bar.
Covid knock-on puts future pupillage numbers under pressure
The number of chambers delaying pupillages that were due to start this month or next is likely to have a knock-on effect on the supply of places until 2022, the Bar Standards Board said today.
Blog
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.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
