Latest news
MPs demand complete overhaul of “dysfunctional” county courts
The county court is a “dysfunctional operation that has failed to adequately deliver civil justice across England and Wales”, MPs said today in a damning report.
Treasury sets out reforms to Money Laundering Regulations
The government has outlined how it will improve the anti-money laundering regime by publishing a slew of planned changes to the underlying regulations.
LSB: Regulatory action needed to tackle law’s diversity problems
The profession has failed to make “significant progress in tackling the structural and cultural barriers to encouraging equality and diversity”, the LSB has declared.
SRA to quiz volume claims firms about compliance
The Solicitors Regulation Authority is to demand assurances from firms conducting volume consumer claims that they are meeting their professional obligations.
TPMAs “could help” law firms, says National Risk Assessment
The emergence of third-party managed accounts “may, in time, reduce” the risk of law firms’ client accounts being used by criminals for money laundering, the government said yesterday.
Law firm signs up 1,000 clients affected by Afghan data breach
Consumer claims law firm Barings says it is already working with 1,000 people affected by the Afghan data breach, while Leigh Day says claimants will retain at least 70% of damages.
JAC “should not automatically” keep negative soundings secret
The Judicial Appointments Commission was wrong to adopt a practice of never putting negative material to a candidate save in exceptional circumstances, the Court of Appeal has ruled.
Public has “very high” expectations of motor finance compensation
Public expectations of compensation over motor finance mis-selling are running “very high”, according to research published by Slater & Gordon.
BSB clears silk over Supreme Court trans ruling criticism
The Bar Standards Board has rejected a complaint against high-profile KC Jolyon Maugham over his criticism of the Supreme Court’s ruling in the For Women Scotland case.
Law firm COO used company credit card for £300k of personal spend
The chief operating officer of a law firm found to have used her company credit card for £300,000 of personal expenses has been disqualified from working in the profession.
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.
