Latest news
Solicitor who kept client’s £1,000 court fee is struck off
A solicitor who kept the £1,000 his client paid for a court fee has been struck off. The Solicitors Disciplinary Tribunal heard that he treated the money, paid into his personal account, as a “loan”.
Law firm was “vehicle” for £5.7m conveyancing fraud
A solicitor who “consciously closed his eyes” to the activities of people he knew were fraudsters, agreeing to buy a law firm which was “purchased from the outset as a vehicle for fraud”, has been struck off.
Solicitor leaves profession over bequest from client
A veteran solicitor who failed to ensure that his client took independent legal advice before leaving him money in her will has agreed to leave the profession.
“Minor error” dooms senior clerk’s unfair dismissal claim
A senior clerk at a London barristers’ chambers cannot bring an unfair dismissal claim because of a “minor error” meaning that it was out of time.
Owner of record-breaking nuisance call firm disqualified
The owner of a company behind 100m nuisance calls, which was fined a record £400,000 by the Information Commissioner’s Office (ICO), has been disqualified as a director. Gregory Francis Rudd, 53, was the sole director of Keurboom Communications, which supplied… Read More
Strong year for Law PLC as most firms’ shares surge
Several listed legal businesses surged ahead of the market during 2019, with regional law firm Knights providing investors with a particularly rich return, a Legal Futures analysis has shown.
Profession needs “healthier” approach to alcohol
The profession needs to create a healthier culture around alcohol, including never asking people at events why they are not drinking, the Law Society’s Junior Lawyers Division has urged.
Four days to comply with new money laundering rules
Lawyers have until just this Friday to ensure they comply with the Fifth Money Laundering Directive, the government announced just before Christmas.
Knights continues acquisition spree
Knights has unveiled the sixth acquisition in its 18 months as a listed firm to boost its recently established presence in Birmingham. Fellow listed firm Rosenblatt has hired a former Met Police commissioner.
More listed law firms to come as sector “outperforms market”
The listed legal sector is a “clear outperformer” against broader markets, with “many more” law firms – both corporate and consumer – likely to come to market, a new analysis has found.
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.
