Latest news
Solicitor cleared of beating bouncer with stiletto
A 5’2” commercial property solicitor has been cleared of assault by beating after she hit a nightclub bouncer over the head with her stiletto.
Will-writing entrepreneur obtains “first digital LPA”
The founder of will-writing software firm WillSuite has obtained what he believes is the first ever digital lasting power of attorney. He said the process took five months.
Law firms cheered by U-shaped recovery
Law firms have seen a U-shaped recovery – and in some work-types, V-shaped – “rather than a dreaded L-type situation where things stay down in the dumps for a long period of time”.
Accountants offered new route to setting up ABSs
Accountants and firms regulated by the ACCA will have a pathway to handling all the reserved activities under the plan to transfer supervision of their legal work to CILEx Regulation.
SFO charges three men over Axiom fund collapse
Two former solicitors and a former independent financial adviser have been charged with multiple offences in connection with the collapse of the Axiom Legal Financing Fund.
Struck-off solicitor’s comparison with George Floyd “a disgrace”
A struck-off solicitor’s comparison of his treatment at the hands of the Solicitors Regulation Authority with that of George Floyd by US police has been branded a “disgrace” by a tribunal.
Buckland announces independent review of criminal legal aid market
The Lord Chancellor is to launch an independently led review of the criminal legal aid system with the aim of improving its sustainability, but denied that it discriminates against BAME and women lawyers.
Law Society and Bar Council at odds over quarantine exemption
The Law Society has spoken out against a government clarification sought by Bar Council that means anyone self-isolating after returning from abroad can break quarantine to attend court.
Law firm offers clients behavioural science consultancy
A global law firm has launched what it believes is the legal industry’s first offering focused on behavioural science, aimed at helping clients make better decisions in areas like compliance.
Partner suspended over multiple money laundering failures
A partner in a law firm which acted mainly for Russian and Ukrainian clients has been suspended for nine months after admitting multiple breaches of the anti-money laundering rules.
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.
