Latest news
Barristers to lose out from Iraq claims firm’s liquidation
Barristers instructed by now-defunct Birmingham law firm Public Interest Lawyers are set to lose out significantly from its liquidation, although its collapse may yet spark legal action.
Blacker handed suspended sentence for benefit fraud
Alan Blacker, also known as Lord Harley and one of the most talked-about solicitors of recent years, has today received a suspended prison sentence for benefit fraud.
New ABS aims to improve on fee-share model
The founders of a new consultant-led law firm are aiming to challenge not only the traditional law firm model but also the current fee-share models which have evolved over recent years.
Email scam solicitor used client money to refurbish offices
A solicitor who used £80,000 of client money to refurbish her offices – and paid out another £165,000 of client money after falling victim to two email scams – has been struck off.
SRA offers reassurance over short deadline for AML changes
The Solicitors Regulation Authority will take into account the short period of time law firms have had to comply if they fall foul of today’s new anti-money laundering rules, it has said.
City firms risk breaking rules with onshore centres
City firms with ‘onshore’ offices in cities such as Belfast and Manchester are breaking professional rules by not making it clear to clients where the work is being done, groundbreaking research has suggested.
Barrister blogger says colleagues can be “prats on social media”
A leading barrister blogger has blasted her own colleagues at the Bar for “being prats on social media” who “trash our reputation”.
Legaltech platforms receive vote of confidence from investors
The transformation of legal contracts into technology-boosted “dynamic modular agreements” has caught the attention of a major investor, which has ploughed $5m (£3.8m) into lawtech start-up Juro.
Tribunal overturns unfair dismissal ruling against partner
An employment tribunal has ruled that it was wrong to uphold an unfair dismissal claim against a partner in a law firm closed down by the Solicitors Regulation Authority.
PI firm saved in pre-pack sale amid merger deals
A personal injury law firm in Preston has been saved following its sale out of a pre-pack administration as the weeks before Christmas saw more mergers around the country.
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.
