Latest news
Superheroes bid to save nation from legal ignorance
The public shares a widespread concern that their rights are being eroded and that they need to know more about the law, according to research by the main three lawyer groups published today to mark Justice Week. People were particularly… Read More
Solicitor lied about backdating legal aid forms
A young solicitor who botched the backdating of legal aid forms and then lied about it to his employer has agreed to leave the profession.
Extended pilot of fully video hearings made opt-out
A pilot of fully video hearings in the civil courts is to be extended and turned from opt-in to opt-out so as to drive more cases through the system, the Civil Procedure Rule Committee has decided.
LSB ramp ups pressure on regulatory independence
The Legal Services Board is ramping up pressure on the Law Society, the Bar Council and other approved regulators over ensuring the independence of their regulatory arms.
Number of conveyancing firms falls to new low
The number of conveyancing law firms has fallen to a new low as the market felt the “full brunt” of Brexit-related political and economic uncertainty last year, new research has found.
CLC moves closer to approving third-party managed accounts
Firms of licensed conveyancers will only be able to use third-party managed accounts if it is in each client’s best interests, their regulator has proposed.
CMC numbers plunge by 40% under FCA regime
The number of authorised claims management companies has plunged by almost 40% since the Financial Conduct Authority took over regulation last April, and has refused to authorise one for the first time.
Lawyers urged to use the law to fight climate change
A collaboration of lawyers, calling itself the Chancery Lane Project, is to publish a set of model laws and contract clauses later this month to help the profession around the world fight climate change.
No special rules allowing regulators to override LPP
There are no special rules allowing regulators such as the Financial Reporting Council to override the protection of legal professional privilege, the Court of Appeal has ruled.
Another £11m in share sales by Gateley partners and staff
Partners and staff at listed law firm Gateley sold £11m worth of shares yesterday – making £27m since it went public – amid a burst of news about listed legal businesses, including Knights and Redde.
Blog
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.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
