Latest news
Law firm to pay £105k over Plevin cases it failed to progress
A law firm which failed to uphold its side of a deal when taking on another practice’s Plevin cases has been ordered to pay it £105,000.
Two solicitors rebuked for taking client information when leaving firms
Two solicitors who took confidential client information from their former employers have been rebuked by the Solicitors Regulation Authority.
Gender-critical barrister praises BSB approach to ‘meritless’ complaints
A leading ‘gender critical’ barrister has praised the Bar Standards Board for the way it handles “meritless” complaints after rejecting two made against her.
Medico-legal market remains strong despite MedCo decline
Researchers have raised their estimate for the value of the UK’s medico-legal market in 2024 to £677m, an increase of 4.5% on the previous year.
Consultant-led law firms “pose greater money laundering risk”
The decentralised nature of consultant-led law firms carries extra money laundering risks that mean compliance officers may need to be “more interventionist”, the SRA has cautioned.
SRA to consult on strengthening continuing competence regime
The SRA is to consult on strengthening continuing competence requirements as it was not clear whether solicitors are reflecting properly on their practices.
Ten competition class actions for every person in the UK
There were more than 655m class members of actions in the Competition Appeal Tribunal at the end of 2024 – equivalent to 10.4 class actions for every person in the country.
FCA already under pressure to restrict car finance redress scheme
Peers on the House of Lords’ financial services regulation committee have questioned whether the FCA’s plan for a motor finance claims redress scheme is too generous.
Mergers, administration and a new firm – legal market stays active
Merger talks announced earlier this year between Ward Hadaway and The Endeavour Partnership have proven successful as we round up recent market developments.
“Too soon” for struck-off solicitor to apply for return to roll
A struck-off solicitor who has not paid the Solicitors Regulation Authority nearly £65,000 in outstanding costs from his disciplinary hearing cannot return to the roll.
Blog
Strong AML controls are meaningless with incomplete data
One expectation as the FCA takes control of anti-money laundering oversight is a move towards more supervision rather than simply writing new rules.
Navigating the legal AI productivity-profitability paradox
Firms are achieving efficiencies through AI, especially in the practice of law. Yet many are struggling to see that reflected in their financial outcomes
Regulation, growth and access to justice: why legal services need a reset
Well-intentioned consumer protections embedded in the regulation of legal services increasingly act as barriers to innovation, competition and access to justice.
