Latest news
FCA unveils motor finance plan and warns consumers off lawyers
The FCA yesterday confirmed that it would issue a consultation in early October on a motor finance compensation scheme, stressing that consumers need not use a law firm or CMC.
Misconduct by solicitor leading to civil restraint order “was not noble”
The Solicitors Disciplinary Tribunal has rejected an argument from a solicitor made subject to a general civil restraint order that his “underlying motivation” was “noble”.
Land Registry starts accepting qualified electronic signatures
HM Land Registry will now accept deeds signed with qualified electronic signatures and is encouraging lawyers and their clients to start using them.
Supreme Court finds for lenders on motor finance – with one exception
The Supreme Court this afternoon overturned the Court of Appeal’s ruling in the motor finance litigation – with one exception, the unfair relationship under the Consumer Credit Act.
Pogust Goodhead: Dam defendants “trying to put us out of business”
Class action practice Pogust Goodhead has accused the defendants in the Fundão Dam case of trying to “put an end” to the firm by settling claims directly with its clients.
Barrister loses appeal against disbarment for sexual harassment
A barrister disbarred for sexual harassing a woman during a mini pupillage and, separately, two pupils at social events, has lost his appeal against the sanction.
CAT makes costs support and public funding agreements standard
People bringing collective actions should always instruct costs specialists to assist them with scrutinising their lawyers’ fees and also make their funding agreements public, the CAT has ruled.
BSB gives undertakings over performance improvements
The Bar Standards Board has given the Legal Services Board a series of voluntary undertakings about how it will improve its performance over the next three years.
SRA and FCA join forces to warn over motor finance misconduct
Regulators have issued a warning to law firms and claims management companies about their conduct of motor finance claims ahead of tomorrow’s Supreme Court ruling.
LeO eyes £600 case fee for lawyers who do not handle complaints well
LeO has decided against introducing a ‘polluter pays’ principle to penalise firms which repeatedly fail to deal with complaints properly – but wants to increase the case fee by 50%.
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.
