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Moving the supervision of lawyers’ anti-money laundering activities to the Financial Conduct Authority will strengthen the fight against fraud, a campaigning MP has told Legal Futures.

An SRA review of law firm acquisitions has highlighted failures and behaviours on the part of some target firms as a cause for concern.

All law firm accountant’s reports will have to be submitted to the SRA in future, and sole owners will not generally be allowed to hold compliance roles too, under proposals published today.

The biggest City law firms are paying their trainees less than their US competitors but working them harder, according to new research showing how pay continues to spiral.

The Solicitors Regulation Authority has shut down four law firms so far this week – two of them connected to the same man.

The government’s motor insurance taskforce reported yesterday with a hint that it may extend the whiplash tariff to other injuries and also review the small claims limit.

Both the structure and delivery of legal services – such as a lack of guidance and reactive communication – can cause difficulties for consumers, new research has found.

The Legal Services Board has expressed “significant concerns about the viability” of the Legal Ombudsman scheme as it struggles to get its caseload under control.

Digitally excluded consumers need law firms to maintain “meaningful offline routes” to services because “digital transformation is not inherently progressive”, says a report for four legal regulators.

Many property disputes “could be amenable to machine-made decision-making” in the future, the Master of the Rolls has predicted.